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Inside This Issue - News
After an international search that lasted seven months, Shoppers Drug Mart’s board announced that the company’s new president and chief executive officer will be a Canadian and from the pharmaceutical industry, though not himself a pharmacist. Domenic Pilla is to take office November 1. He is currently president of McKesson Canada. Secretary of Health and Human Services Kathleen Sebelius drove home the point about the importance of getting a flu vaccination this season by receiving her annual shot at Walgreen Co.’s health and daily living pilot store in Chicago’s Chatham neighborhood earlier this month. Rite Aid Corp. executives this month highlighted factors pointing to a continued turnaround at the chain, from loyalty program growth to lower-volume store improvements. Walgreen Co., CVS Caremark Corp. and Walmart are partnering with insurance companies on Medicare Part D prescription drug plans (PDPs). Walgreen Co. has added two executives to its pharmacy, health and wellness division’s leadership team. Bartell Drugs has unveiled a next-generation store concept at a renovated outlet in north Seattle. Former CVS Caremark chief executive officer Tom Ryan has joined the private equity firm Advent International as an operating partner. Katz Group Canada/Rexall chief development officer Warren Jeffery will retire at the end of this month. Recognizing burgeoning demand for men’s grooming products, Procter & Gamble Co. (P&G) and a CVS/pharmacy unit here have created a prototype “Guy Aisle.” A Rite Aid Corp. flu shot event in Grand Central Terminal earlier this month helped inoculate hundreds of city residents against illness and raised money for charity. The Academy of Managed Care Pharmacy (AMCP) has named former National Association of Chain Drug Stores executive Edith Rosato chief executive officer.
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