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Inside This Issue - News
After a dozen years at the helm of CVS Caremark Corp., Tom Ryan plans to retire next year. The relationship between pharmacists and their patients is critical to improving Americans’ well-being and making the country’s health care system more efficient, incoming National Association of Chain Drug Stores chairman Larry Merlo told attendees at the association’s Annual Meeting here last month. Rite Aid Corp. has launched its wellness+ customer rewards program nationwide, offering a combination of health and wellness benefits and member-only discounts. As of presstime, May 15 was shaping up to be a day of destiny for community pharmacy in Ontario. Online retailer drugstore.com is exiting the pharmacy business. At Shoppers Drug Mart’s (SDM’s) annual meeting here earlier this month, chairman David Williams, president and chief executive officer Jürgen Schreiber, and executive vice president and chief financial officer Brad Lucow were able to report that despite the recession 2009 was another record-breaking year for the retailer in terms of almost every metric and that the first quarter of 2010 also came through strongly. Executive vice president and chief marketing officer Helena Foulkes has taken on a new leadership role in CVS Caremark Corp.’s pharmacy benefits management business. Cheryl Pegus has been named chief medical officer at Walgreen Co. Frank Maione will retire in the fall as U.S. chief customer officer at Johnson & Johnson.
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