CINCINNATI, Ohio—KeySource, a leading national wholesale distributor of generic prescription medications, announced today that Ryan Sevek has been appointed Chief Executive Officer. The company also named Albert Paonessa, former CEO and long-standing industry leader, Chairman of the Board.
Sevek, who joined KeySource in 2017 and most recently served as President, brings a strong track record of operational excellence and strategic leadership. As CEO, he will continue overseeing finance, IT, and logistics and will now guide the company’s broader growth initiatives.
“I am honored to take on the role of CEO at such a pivotal time in our company’s journey,” said Sevek. “Our mission remains clear — deliver trusted service, value, and responsiveness in the pharmaceutical supply chain. I look forward to deepening our relationships with partners and customers and working closely with our talented team to continue improving access to essential medications for communities nationwide.”
“With Ryan’s leadership, KeySource is well-positioned for continued innovation and growth,” said Paonessa. “He is not only a capable strategist, but a principled leader who understands the complexities and responsibilities of our industry. I am proud to continue supporting him and our outstanding team as Chairman of the Board.”
Under Paonessa’s leadership, KeySource expanded its national reach and built deep relationships across the healthcare sector. As Chairman, he will continue offering strategic guidance while representing the company in industry partnerships and policy forums.
Sevek added: “Al’s leadership has been foundational to KeySource’s culture and trajectory. His continued involvement as Chairman ensures we stay rooted in the values that built this company — integrity, service, and innovation.”
KeySource serves thousands of independent and specialty pharmacies, long-term care providers, and health systems. The company operates from a NABP-accredited distribution center and is known for its reliability, DSCSA compliance, and commitment to personalized service.
