BEAUTY CARE

H.D. Smith creates H.D. Smith Specialty Solutions, names leadership team to drive the new business

BY Michael Johnsen

SPRINGFIELD, Ill. — H. D. Smith on Tuesday announced the establishment of H. D. Smith Specialty Solutions, an organization structured to provide focus and alignment around specialty and traditional brand products, solutions and services. The wholesaler also announced the realignment of select executive leadership positions to best capitalize on the growing needs resulting from recent geographic and service expansions. These expansions include the acquisition of Valley Wholesale Drug in October 2012 and a planned majority ownership investment in Triplefin announced in January 2013.

"With the recent additions of Valley Wholesale Drug and Triplefin to the H. D. Smith family of companies, our geographic and service-offering reach has expanded greatly — and our business structure must align to meet growing customer needs," stated Dale Smith, chairman and CEO H. D. Smith. "We are focused on growth that supports our manufacturing customers as well as our pharmacy, hospital and institutional care customers and the patients they serve. It is critical that we align talent to meet customer and partner needs efficiently and successfully, and place executives in roles with the highest potential to impact company growth and their own success."

Valley Wholesale Drug operates as a wholly owned subsidiary of H. D. Smith from its California headquarters, increasing the company’s customer base in California and expansion into the Pacific Northwest. Triplefin is a brand and specialty pharmaceutical support services company headquartered in Cincinnati. With Triplefin, H. D. Smith’s prescription pharmaceutical service offering to manufacturing partners and specialty pharmacy customers has significantly increased.

The largest structural change to the company is the formation of H. D. Smith Specialty Solutions, to be led by Joseph Conda, and which will serve as the umbrella organization, bringing together the company’s specialty pharmaceuticals assets: Smith Medical Partners, a wholly owned subsidiary, that represents the company’s legacy specialty distribution business;Triplefin, a partially owned subsidiary that offers brand and specialty pharmaceutical support services company; H. D. Smith’s Specialty Commercialization team, a team that will accelerate the value of the combined resources of SMP and Triplefin for the benefit of the customer throughout the pharmaceutical supply chain, for both key products and services and key market segments; and H. D. Smith’s third-party network, which includes Independence Holding Company, a wholly owned retail pharmacy operation. 

"We established H. D. Smith Specialty Solutions in order to ensure maximized performance and effective service offerings throughout the company’s specialty business units," Smith said. "As the organization’s new president, Joe brings a wealth of industry, brand and specialty pharmaceuticals and organizational leadership experience to our new umbrella organization. His talent will drive our strategy and manufacturing/patient support solutions portfolio targeted toward specialty and brand pharmaceutical products," Smith added. "Ensuring patient access, education and adherence/compliance to these life-saving medicines is a key aspect of H. D. Smith’s strategic intent."

In addition to the creation of H. D. Smith Specialty Solutions, the company appointed the following senior executives to new positions:

  • Tom Doyle was promoted to serve as EVP commercial solutions. Doyle will lead the commercialization teams across Smith Medical Partners and Triplefin.
  • Karen Callaway promoted to serve as EVP human resources, where she will oversee the development and implementation of all human resources policies, programs and services. A member of the executive leadership team, she will provide expertise on personnel issues that impact performance and business relationships.
  • Bob Appleby has been promoted to SVP category management. Appleby will lead all of the company’s product category efforts, including branded and generic pharmaceuticals, home healthcare products and the HHC sales organization as well as the health, beauty and wellness product category.
  • Tom Twitty was promoted to SVP supply chain management. Twitty will develop a company supply chain strategy that achieves company strategy and meets company performance objectives. His areas will include operations, purchasing, regulatory and compliance.
  • Scott Wilson was promoted to SVP drug divisions, where he will lead the drug divisions, the sales organization and the Valley Wholesale Drug business, a wholly owned subsidiary.
  • Mark Mehmet was promoted to serve as corporate VP product development and architecture. Mehmet is responsible for leading product development to support business initiatives, leading production teams from initial inception to final product. In this role he will also identify and propose new information technologies and systems to improve business processes and decision making.

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Dr. LeWinn by Kinerase joins BB Cream craze

BY Antoinette Alexander

NEW YORK — The BB cream craze continues as Dr. LeWinn by Kinerase is the latest beauty brand to jump aboard the bandwagon with its new Instant Perfecting B.B. Cream SPF 15, which is slated to be on shelf by mid-February.

This all-in-one balm promises to instantly create a luminous glow upon contact while providing a light tint with a sheer but flawless finish. The formula evens skin tone by hiding skin imperfections, combats hyperpigmentation and diminishes the appearance of fine lines and wrinkles. It also keeps skin soft with moisturizers that provide 24-hour moisturization, and blurs imperfections for instantly smooth, flawless, natural-looking skin, the manufacturer stated.
 
The new Dr. LeWinn by Kinerase Instant Perfecting B.B. Cream SPF 15 will be available at Walmart and Walgreens.


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SymphonyIRI Group names president of Americas

BY Michael Johnsen

CHICAGO — SymphonyIRI Group on Friday named Piyush Chaudhari president of the Americas. Chaudhari will report directly to Andrew Appel, SymphonyIRI’s president and CEO.

“With more than two decades of experience in client service, global operations and technology, Piyush is an excellent fit to elevate our strategic offerings with the goal of helping clients take maximum advantage of today’s market opportunities,” Appel said. “His proven track record as a business builder embodies SymphonyIRI’s core values of collaboration, client focus and client commitment.”

Chaudhari, who joined SymphonyIRI in 2012 as EVP strategy, will now take on responsibility for client insights, client service and pre-sales. Additionally, he will have responsibility for select, multinational and global clients. Chaudhari will focus on bringing SymphonyIRI’s strategy to life with clients, ensuring seamless integration of SymphonyIRI’s unique portfolio of assets and services to help clients achieve fundamentally enhanced performance and growth through new capabilities.

Before joining SymphonyIRI, Chaudhari was a member of Aon Hewitt’s executive committee and helped set the firm’s direction and areas of priority. During his six years with Aon, he held many roles, including leading various regional businesses, such as Canada, Europe, Middle East and Africa. He also held global roles, including guiding Aon Hewitt’s global consulting businesses and thought leaders, and acting as COO for the consulting business. His primary area of client responsibility focused on multinational clients.

Prior to Aon Hewitt, Chaudhari served with McKinsey and Co., where he concentrated on technology and technology strategy. Trained as an engineer with multiple U.S. patents, Chaudhari also worked for many years at Motorola and IBM in product development and support before moving into consulting.

Chaudhari holds a master’s degree in business administration from Kellogg Graduate School of Management and master’s and bachelor’s degrees in mechanical engineering from the University of Illinois at Chicago. He is a board member of Metropolitan Family Services and Chicago Media Board and a member of the Chicago Council on Global Affairs.


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