Retail News Breaks
CACDS appoints interim chief executive
May 7th, 2012
TORONTO – The Canadian Association of Chain Drug Stores (CACDS) has named Ian McKinnon as interim chief executive officer, taking over for president and CEO Nadine Saby, who has resigned.
CACDS said Monday that McKinnon is being appointed to the interim CEO role for six months and "will provide a leadership bridge while the association seeks a permanent chief executive officer."
A CACDS spokeswoman said Saby left the association around the middle of April and is taking a "work hiatus." She said Saby will still be involved in the health care arena and expects to do consulting down the road, as well as continue her volunteer work.
Saby served as CACDS president and CEO since joining the association in July 2006.
CACDS stated that McKinnon, on behalf of the CACDS board and member organizations, "will lead in planning and executing a number of the association's critical initiatives." The group said he also will participate in meetings with provincial and federal governments, pharmacy organizations, industry partners and stakeholders.
With 30 years of domestic and international business experience, McKinnon has held senior positions with Digital Equipment Corp., which was acquired by Compaq in 1998, and was the CEO for a number of Toronto-based software companies, according to CACDS.
The association said that for the past five years McKinnon has provided consulting advice to companies on key functional initiatives such as board governance, business planning and the development of high-performance leadership teams.
Toronto-based CACDS represents the community pharmacy sector in Canada, and its retail members operate more than 6,000 traditional chain drug stores and include supermarket and mass merchandise chains with pharmacies.
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