Retail News Breaks Archives
Rite Aid names head of pharmacy operations
September 23rd, 2009
CAMP HILL, Pa. – Rite Aid Corp. has promoted a pair of senior executives: Robert Thompson to executive vice president of pharmacy and Bill Wolfe to senior vice president of managed care and government affairs.
Thompson, formerly senior vice president of pharmacy operations, reports to Rite Aid president and chief operating officer John Standley, the company said Wednesday. Wolfe, previously group vice president of managed care and government affairs, reports to Thompson.
In his new role, the 56-year-old Thompson will oversee pharmacy operations, pharmacy purchasing, managed care, clinical services, pharmacy benefit management services and pharmacy business development, as well as government affairs, according to Rite Aid.
He joined Rite Aid in July 2004 as vice president of pharmacy business development and has since served in a variety of management positions, including senior vice president of operations for the Northeastern Division and manager of the company’s integration of the Brooks Eckerd chain. He began his chain drug career in 1978 as a practicing pharmacist.
"Robert has a unique background that combines extensive experience in retail pharmacy and store operations with health care business development," Standley said in a statement. "He's been a terrific asset to Rite Aid over the past five years, making many valuable contributions to our company."
Rite Aid said Wolfe, 46, has 23 years of experience in managed care and pharmacy benefit management and, in his new post, will continue to oversee managed care, PBM services and government affairs.
He joined Rite Aid in 1998 as chief operating officer of Eagle Managed Care, the chain's PBM subsidiary at the time. In 2000, he was named vice president of managed care and last year was promoted to group vice president of managed care and government affairs.
"Bill's broad-based expertise in the area of managed care has been critical to our success in managing through the challenging and ever-changing health care environment," Standley commented. "He also has been instrumental in helping us work through recent complex legislative changes."