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Tony Civello receives Sheldon W. Fantle Lifetime Achievement Award at NACDS Annual

BY Antoinette Alexander

SCOTTSDALE, Ariz. — Recognized for his nearly five decades of service to pharmacy and chain drug store industry, Tony Civello, chairman, president and CEO of Kerr Drug was awarded the Sheldon W. Fantle Lifetime Achievement Award during the NACDS Annual Meeting.

Mark Griffin, president and CEO of Lewis Drugs, and Larry Merlo, president and CEO of CVS Caremark, presented the award to Civello Tuesday evening. 

The Sheldon “Bud” W. Fantle Lifetime Achievement Award was established in 1989 to recognize exceptional accomplishments and contributions to the industry. Chain pharmacy’s highest honor, it was renamed in 1996 in honor of Bud Fantle of People’s Drug Stores.

Civello’s leadership spans nearly five decades serving the pharmacy and chain drug industry. As a student at the University of Pittsburgh’s School of Pharmacy in 1965, Civello worked in a part-time position with Thrift Drug and rose through the ranks to a senior executive during the next 30 years. Civello took the helm at Kerr Drug in 1996.

Furthermore, Civello joined the NACDS board of directors in 1998, and served as chairman from 2005 to 2007. He also served on the NACDS Foundation Board from 2003 to 2013.

“It is truly fitting that Tony receive chain pharmacy’s highest honor. ‘Bud’ Fantle was a mentor to Tony in his early days of pharmacy, showing him ‘the ropes’ in an industry that even then was evolving and changing rapidly,” said NACDS president and CEO Steve Anderson. “Always the selfless leader, Tony put the profession of pharmacy, his fellow employees, patients and customers first. And with an eye toward the future, he empowered many to rise to the challenge in becoming the next generation of pharmacists and industry leaders.”

To see photos from Tuesday’s awards presentation, click here.

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Spectrum Brands’ CFO to step down at year-end 2014

BY Antoinette Alexander

MIDDLETON, Wis. — Spectrum Brands Holdings, a diversified consumer products company whose portfolio includes the Remington brand, has announced that Tony Genito, EVP and CFO, plans to leave the company at the end of 2014 to return with his family to the Southeast.

The company has an active succession plan, including commencement of a search for Genito’s replacement that will consider both internal and external candidates. Genito will remain in his role with Spectrum Brands until the end of 2014 to ensure a smooth and orderly transition to his successor.

Genito, who has served as CFO since March 2007, said, “I committed four years ago to come to Wisconsin to help lead this company into a new era of growth and expansion, strengthen our balance sheet and significantly grow our adjusted EBITDA and free cash flow. It has truly been an exciting, rewarding and unforgettable experience."

“Given how well our company has been performing since then, the bright outlook it continues to enjoy and the deep and experienced leadership team we have in place,” Genito said, “I truly believe I have accomplished my work, and the time is now right for my family and I to return to the Southeast to carry out our personal and professional plans.”

“Tony’s innumerable contributions as CFO for more than seven years are significant, valuable and lasting,” said Dave Lumley, president and CEO of Spectrum Brands. “We are grateful Tony has committed to remain through the end of the calendar year so the transition is seamless.”

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IRI names executive, analytics practice leader

BY Antoinette Alexander

CHICAGO — IRI has announced the appointment of Randy Stone as executive, analytics practice leader.

Stone will work closely with president of the Americas and global strategy Piyush Chaudhari and president of analytics and consulting, Krishnakumar (KK) S. Davey, to enhance the capabilities of IRI’s marketing productivity area and lead select IRI client engagements.

Before joining IRI, Stone founded Passion Rock Partners, a consulting firm focused on marketing effectiveness and marketing strategy. Prior to this, Stone held several positions with Marketing Management Analytics, advancing from VP to CEO in eight years.

Prior to his 19-year tenure with MMA, Stone was VP of group sales and marketing manager at The Nielsen Co., where he initiated new relationships and managed strategic clients, such as Kraft General Foods and its parent company, Philip Morris. Earlier in his career, Stone was VP and account group supervisor at Burke Marketing Services and a senior project director at Trendex.
 

 

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