Alejandro Silva named to Walgreens board of directors; executive promotions announced
DEERFIELD, Ill. Alejandro Silva, chairman and chief executive officer of Chicago-based Evans Food Group, has been elected to Walgreens board of directors as an independent director, effective Jan. 9, according to reports.
“We welcome to the board Alejandro’s experience in building a successful consumer products company over the past 22 years,” said Jeffrey Rein, Walgreens chairman and chief executive officer. “His ideas and insight will help us stay abreast of changing consumer habits.”
Seven years after entered the food business in Mexico in 1972, Silva founded a business venture, Alimentos Finos del Norte, in Saltillo, Mexico. In 1985, he acquired Evans Food Group with his brother and another partner, turning it into the world’s largest pork rind snack manufacturer and the largest Hispanic-owned business in Chicago.
Silva has been awarded the Double Eagle Award from the United States-Mexico Chamber of Commerce; the Latino Globalist Award; Chicago United Business Leaders of Color member; Chicago Area Entrepreneurship Hall of Fame member; and the U.S. Department of Commerce Minority Enterprises Development Agency Award.
The company also announced that James Howard is retiring from the board.
Walgreens also announced the following executive promotions:
- Stanley Blaylock, 44, previously Walgreens corporate vice president and senior vice president of specialty pharmacy and home care for Walgreens Health Services, the managed care division of Walgreens, has been promoted to a corporate senior vice president and president of Walgreens Health Services. Blaylock replaces Trent Taylor, who has left his position at Walgreens.
- David Van Howe, 49, has been promoted from vice president of purchasing to a corporate vice president. Van Howe joined Walgreens in 2000 as general merchandise manager of beauty and fashion. He was promoted to a divisional vice president in 2004 and oversaw the purchasing department’s health and wellness division before being named vice president of purchasing last April. He has more than 30 years of retail experience, including operations and purchasing positions with Kmart, Arbor Drugs and CVS/pharmacy.
Walgreens, DHL team up to offer shipping at store kiosks
DEERFIELD, Ill. Walgreens has entered into an agreement with DHL to offer shipping services in almost all of its stores. The program will begin in April in Illinois and Florida and is expected to expand to more than 6,500 locations by the end of the calendar year 2008.
DHL shipping spot kiosks will be available at Walgreens photo counters and will be staffed by Walgreens employees, who will weigh, label and ship customer packages to U.S. or international destinations. Each location will offer packaging materials, in addition to complimentary DHL Express shipping envelopes and boxes. Walgreens customers will have access to all of DHL’s core services, including overnight, ground and international delivery.
“We’ve seen strong customer response to DHL in-store shipping in test markets,” said Walgreens executive vice president of marketing George Riedl. “The service addresses an important need for our time-crunched customer base. This new offering will be another powerful addition to our overall strategy of making life easier for customers.”
Supervalu reports earnings increase despite sales drop
MINNEAPOLIS Supervalu on Wednesday reported a third-quarter drop of 4.7 percent in net sales of $10.2 billion, but record net earnings of $141 million show an increase of 25 percent compared to the year-ago period.
“Our third-quarter results continue to benefit from the transformational acquisition in 2006 as we deliver the sixth straight quarter of double-digit earnings per share growth,” stated Jeff Noddle, Supervalu chairman and chief executive officer. We are pleased with our overall results, despite some headwind from softer than expected retail sales in the quarter.”
Supervalu’s third quarter of fiscal 2008 ended Dec. 1, 2007, and included 12 weeks of combined results compared to the third quarter of fiscal 2007 which included 13 weeks of acquired operations. The estimated sales impact of one less week of acquired operations in the third quarter of fiscal 2008 is approximately $500 million.
In addition, third-quarter fiscal 2008 and third-quarter fiscal 2007 results included after-tax charges for one-time acquisition-related costs of $7 million and $10 million, respectively. When adjusting for the one-time acquisition costs in both years and the one extra week in the prior year quarter, diluted earnings per share increased 23 percent, the company stated.