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CVS Caremark makes moves in retail leadership

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CVS Caremark Corp. has made some organizational changes in its retail division.

Mike Bloom, senior vice president of merchandising, has been named senior vice president of merchandising and supply chain, adding distribution and inventory responsibilities.

And in line with several other executive moves involving its retail store leadership, the company also is merging its East and Central store divisions into one unit.

 

WOONSOCKET, R.I. — CVS Caremark Corp. has made several organizational changes in its retail division.

Mike Bloom, senior vice president of merchandising since 2003, has been named senior vice president of merchandising and supply chain. In the expanded role, he will lead an integrated, end-to-end network managing store layout and the selection, purchasing, inventory and supply of product to stores, the drug store chain said.

Bloom joined CVS in 1991 with the company’s acquisition of Peoples Drug Store. He served as vice president of merchandising and marketing for consumer health care and later led CVS’ Lifestore prototype initiative.

Scott Baker, meanwhile, has been appointed senior vice president of internal operations and real estate. Serving as senior vice president of the East Division since early 2007, he now will oversee store and pharmacy operations supporting CVS retail stores as well as new retail location development and facilities management.

Baker came to CVS with the Revco acquisition in 1997 as a region manager, having held various field management and operations roles. He served as a region manager in several CVS markets and was promoted to area vice president for New England in 2002, the company said. Most recently, Baker led the integration of Longs Drug Stores.

In addition, CVS said it is now combining its East and Central geographic divisions into the East Division under the supervision of Hanley Wheeler, who has served as senior vice president of stores for the Central Division.

In the expanded role, Wheeler will be responsible for the operations of more than 4,800 stores in 26 states, encompassing the New England, Mid-Atlantic, South and Midwest regions. He joined CVS as part of the Revco acquisition in 1997, having held several leadership roles in field and internal operations, and served as an area vice president until being promoted to senior vice president in 2005.

Also being given expanded responsibilities is Dennis Palmer, senior vice president of stores for the West Division, who will now supervise the Hawaii market as well as CVS’ approximately 2,100 stores in the California, Texas, Arizona, Nevada and Midwest markets. Palmer came to CVS in 2006 with the Osco-Savon acquisition and has served as senior vice president since 2007.


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