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Rite Aid appoints Heyward Donigan as CEO

Rite Aid appoints Heyward Donigan as CEO

Rite Aid Corp. announced Monday that the board of directors has appointed Heyward Donigan as chief executive officer and a member of the board, effective immediately. As planned, John Standley will step down from his role as chief executive officer in connection with this announcement.

Scarborough and Weiland to join Cardinal Health’s board

Scarborough and Weiland to join Cardinal Health’s board

Cardinal Health announced that Dean Scarborough, former chairman and chief executive officer of Avery Dennison Corp., and John Weiland, former vice chairman, president and chief operating officer of C.R. Bard, Inc., will join its board of directors effective September 1.

Walgreens to close 200 stores in the U.S.

Walgreens to close 200 stores in the U.S.

Walgreens Boots Alliance announced plans to close 200 stores in the United States as it looks to cut costs. The company said in a regulatory filing Tuesday the closings are part of its previously announced plan to trim costs by $1.5 billion in a few years. In May, the company announced plans

Smith Holland appointed president of Hallmark Greetings

Smith Holland appointed president of Hallmark Greetings

Smith Holland has been named president of Hallmark’s Greetings business. The former president and chief executive officer of Crayola, part of Hallmark’s portfolio of businesses that manufactures and sells Crayola brand products worldwide, will begin his new role on Sept. 3.

Fred’s to close an additional 129 stores

Fred’s to close an additional 129 stores

Fred’s Inc. announced on Friday that it will shutter another 129 retail stores, leaving it with only about 80. The move is the latest in a series of store closings (including announcements in April and May)  from the retailer, which had 568 stores in 15 states as recently as February, according to

Aon hires Matt Gibbs to lead pharmacy solutions practice

Aon hires Matt Gibbs to lead pharmacy solutions practice

CHICAGO  – Aon announced Monday that Matt Gibbs was hired to lead the firm’s growing pharmacy solutions practice. As Aon’s senior vice president, pharmacy solutions leader, Gibbs will manage a team that serves employers across the U.S.

Perrigo finalizes acquisition of Ranir

Perrigo finalizes acquisition of Ranir

Perrigo announced Tuesday the successful completion of its acquisition of Ranir, a leading global store brand supplier of oral self-care products, for $750 million in cash.