Content about president and CEO

December 22, 2010
Walgreens drives accelerating renewal program

In a resounding declaration that its massive revitalization efforts have been the right strategy at the right time, Walgreens on Wednesday reported its net earnings jumped to a record $580 million in first quarter fiscal 2011, rising nearly 19% over prior-year levels. Sales for the period ended Nov. 30 also rose 6% to $17.3 billion, another record for the nation’s top drug retailer.

December 21, 2010
CRN/AANP/AANPF initiative emphasizes role of NPs in health care

The Council for Responsible Nutrition on Monday announced plans for a joint education effort with the American Academy of Nurse Practitioners and the American Academy of Nurse Practitioners Foundation to help raise the level of awareness within the supplement industry and with consumers about the valuable role of nurse practitioners in the quest for good health.

December 16, 2010
Rite Aid’s new loyalty program a major bright spot in tough Q3

What Rite Aid might wish for Christmas is accelerated results borne from its Wellness+ loyalty card program, because even as the chain lowered its guidance for fiscal 2011 sales, it’s that differentiated loyalty program that executives believe is going to buttress sales next year and beyond.

December 15, 2010
Novartis positions itself as eye care giant with Alcon merger

Novartis on Wednesday announced that its merger agreement with Alcon has been settled to the tune of $12.9 billion. The new $8.7 billion Alcon eye care division, which includes CIBA Vision and selected ophthalmic medicines, will be led by current Alcon president and CEO Kevin Buehler.

December 14, 2010
Dr Pepper Snapple Group promotes two execs

Two members of the Dr Pepper Snapple Group executive leadership team have been promoted to the level of EVP, the company announced.

December 13, 2010
A&P files for Ch. 11 bankruptcy

Battling hefty debt and intense competition, grocer A&P filed for bankruptcy on Sunday and has secured $800 million in debtor-in-possession financing to keep the 395-store chain open and operational during the proceedings.

December 7, 2010
A new team for the New Year

BENTONVILLE, Ark. — As Walmart’s U.S. stores division looks to execute a broad slate of initiatives in the coming year to recharge domestic growth, it does so under the leadership of a new chief executive and a restructured merchandising organization.


December 7, 2010
Q&A: Shift in power, 
but not strategy — Steve Anderson, NACDS

The results of the 2010 mid-term elections were dramatic, putting the Republican party firmly in control of the House of Representatives. And the GOP’s “Pledge to America” promises big spending and tax cuts, as well as a repeal of the health-reform law, in direct opposition to the goals of the Obama administration and most Democrats. To gauge the election results and what they mean for pharmacy retailing, Drug Store News interviewed Steve Anderson, president and CEO of the National Association of Chain Drug Stores.

December 7, 2010
Sam’s opens its ‘Portfolio’ to a health-and-wellness focus

BENTONVILLE, Ark. — Sam’s Club promises to be an even more formidable competitor in the health-and-wellness space in the years ahead, judging from the strategic priorities now in place as part of a broad-based strategy known as Project Portfolio.


December 6, 2010
ACRO specialty pharmacy symposium addresses market growth, health reform

The specialty pharmacy market is set to reach $90 billion this year, so it’s clear that managed care organizations have a lot at stake.

December 6, 2010
Ian Read to replace Jeffrey Kindler as Pfizer's CEO

Pfizer president and CEO Jeffrey Kindler has retired from the company, the drug maker said Sunday. Ian Read, who currently heads Pfizer’s global biopharmaceutical operations and has worked for the company since 1978, will succeed him.

December 3, 2010
Forbes: Stewart Rahr’s newest pursuit is convincing Trump to challenge Obama in 2012

Fresh from securing a deal to sell his company to Cardinal Health for $1.3 billion, Kinray owner, president and CEO Stewart Rahr is turning more attention to his crusade to promote his friend Donald Trump as a candidate for president in 2012.

December 3, 2010
Gallup survey reaffirms pharmacists’ high standing

Community pharmacists still are among the nation’s most trusted professionals. That’s the finding from Gallup’s newly released "Honesty and Ethics" survey.

December 3, 2010
Medication adherence could be blockbuster for specialty

At Drug Store News’ Specialty Pharmacy Roundtable event last Tuesday, Diplomat Specialty Pharmacy president and CEO Phil Hagerman remarked that improving medication adherence in specialty pharmacy could be equivalent to a new blockbuster drug. And he may be right.

November 18, 2010
Molson Coors names Hasbro executive as board member

One of the nation's largest brewing companies has appointed a new member to serve on...

November 17, 2010
Coalition urges Congress to repeal pending FSA change, calls policy 'unwarranted'

A coalition of six associations, including the Consumer Healthcare Products Association and the National Association...

November 17, 2010
Supervalu EVP transitions to new role

A 20-year veteran at Supervalu will become a senior counselor outside of the company for...

November 17, 2010
Walmart vet, SIFE member Shewmaker dies at 72

Former Walmart executive Jack Shewmaker passed away Wednesday evening. He was 72....

November 15, 2010
Sales slide continues at Walmart as profit goal is met

Weak sales trends continued at Walmart’s U.S. stores division during the third quarter as same-store...

November 15, 2010
Susan Borra named FMI's SVP communications

The Food Marketing Institute on Tuesday announced the appointment of Susan Borra as SVP communications...

November 14, 2010
Pharmaca tweaks branding, plans expansion spurt

Earlier this month, Pharmaca Integrative Pharmacy unveiled its latest store design here, marking the company’s 23rd location and heralding more new-store growth to come.

November 14, 2010
Surescripts platform goes ‘beyond e-prescribing’

Moving, in its own words, “beyond e-prescribing,” paperless platform provider Surescripts has begun expanding its...

November 14, 2010
WAG chief: We want to own ‘well’

The healthcare landscape is changing. There’s a new value-driven consumer who has emerged and, in...

November 11, 2010
Agensys CEO to retire

The president and CEO of Agensys, a subsidiary of Japanese drug maker Astellas, will retire,...

November 4, 2010
Walgreens is well-equipped for the future

It would be no small thing to define the retail market for wellness, much less...

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