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CVS Caremark names new CIO

BY Antoinette Alexander

WOONSOCKET, R.I. — CVS Caremark has announced the appointment of Stephen Gold as CIO. 

Gold, who joins CVS Caremark on July 9, will focus on bringing new and differentiating technology solutions to the company’s retail and pharmacy benefit management businesses.

"Steve is a proven technology leader with a track record of delivering leading-edge solutions to business," stated Larry Merlo, president and CEO of CVS Caremark. "Technology is important to us as a pharmacy innovation company, enabling us to drive solutions to improve quality, cost and access to health care for millions of Americans. I’m confident Steve will bring strong vision and introduce innovations that will position us for ongoing success."

Gold has more than 30 years of experience in designing and implementing large-scale technology initiatives in the PBM, e-commerce and retail industries. He joins CVS Caremark from Avaya, where he held the position of CIO. Prior to that, he served as the CIO and chief technology officer for the e-commerce solutions provider GSI Commerce. Gold also served more than 12 years in various information technology leadership positions with Merck and Medco Health Solutions.

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Reed’s launches Culture Club Kombucha

BY Allison Cerra

LOS ANGELES — Reed’s has expanded its portfolio to include an organic kombucha beverage.

Reed’s Culture Club Kombucha will be introduced in four, ginger-based formulas: Goji ginger, cranberry ginger, lemon raspberry ginger and hibiscus grapefruit ginger.

"Over the last year we have engaged some of the best kombucha brewing experts within the industry today to help us co-develop what we consider to be the best, raw organic kombucha on the market," Reed’s founder and CEO Chris Reed said. "Each flavor extension is enhanced with our trademark fresh ginger root, the finest organic specialty teas, fresh pressed juices, spices, all brewed in spring water. We really out did ourselves with the creation of the new packaging and design, which should generate significant product trial."

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Sabona launches magnetic athletic necklace

BY Allison Cerra

SIKESTON, Mo. — Sabona has introduced a magnetic athletic necklace to its product line.

The necklaces feature 1,200 gauss magnets embedded in a black accent and are combined with minus ion producing materials in a colorful stretch fabric.

"We introduced our first leather magnetic necklace at the beginning of 2012 and are pleased to introduce a sporty, casual necklace to the Sabona line," Sabona national sales manager Corey McNew said.

The necklaces, which are available in black, red, white, blue and pink and retail for a suggested retail price of $24.99.

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