McLane promotes Adzick to senior VP of sales
Susan Adzick has been promoted to senior vice president of sales and strategic relationships at McLane Co.
Business
Lannett names Timothy Crew as CEO
Timothy Crew, former chief executive officer of Cipla North America, is joining Lannett Co. as CEO. Plans call for Crew to take the CEO reins at effective Jan. 2, Lannett said. He also is slated to be appointed as a board director after the company’s 2018 annual shareholders meeting.
Allergan COO to become Amneal CEO
Merger partners Amneal Pharmaceuticals LLC and Impax Laboratories Inc. have tabbed Robert Stewart, executive vice president and chief operating officer of Allergan plc, to lead the combined company. Plans call for Stewart to join Amneal as president effective Jan. 25.
Campbell plans to buy Snyder’s-Lance for $4.9 billion
Campbell Soup Co. has agreed to acquire snack maker Snyder’s-Lance in a deal valued at about $4.9 billion. Campbell said the $50-per-share agreement will further its efforts to grow its snack product portfolio, notably better-for-you snacking options.
Hershey to acquire Amplify Snack Brands for $1.6 billion
The Hershey Co. aims to add more better-for-you options to its snack lineup with a $1.6 billion deal to buy Skinny Pop maker Amplify Snack Brands Inc.
Colgate-Palmolive to buy PCA Skin, EltaMD
Colgate-Palmolive Co. plans to acquire professional skin care brands PCA Skin and EltaMD. Financial terms of the transactions weren’t disclosed.
P&G names Jimenez, Peltz to board after proxy fight
After a lengthy proxy battle, Procter & Gamble Co. has named Novartis chief executive officer Joseph Jimenez and activist investor Nelson Peltz as directors. Jimenez and Peltz, co-founder of Trian Fund Management, are slated to join the board on March 1.
CFO succession upcoming at McKesson
A new chief financial officer is slated to take the reins at McKesson Corp. starting next month.
McKesson tabs Chris Dimos to lead Health Mart
McKesson Corp. has promoted Chris Dimos to president of retail solutions for McKesson U.S. Pharmaceutical and Specialty Health.
Target to buy Shipt for $550 million
Target Corp. has agreed to acquire the same-day delivery company Shipt Inc. for $550 million in cash.
Diplomat hires former BioScrip, CVS exec for PBM
Diplomat Pharmacy Inc. has hired former CVS Caremark executive Chris Luthin as executive vice president of finance for pharmacy benefit management and integration.
Jeff Leger named Shoppers Drug Mart president
Jeff Leger has been named president of Shoppers Drug Mart, succeeding Mike Motz, who has been promoted to chief operating officer of SDM parent Loblaw Cos. Loblaw confirmed Leger’s appointment on Tuesday.
How a move by Amazon could impact retail Rx
While rumors of Amazon’s entry into pharmacy continue to swirl, some analysts are questioning just how significant the move would be. “Amazon’s U.S. Pharmacy Opportunity: Not Necessarily A Game Changer,” is the title of a report by Cowen.
Ahold Delhaize forms U.S. parent company
Ahold Delhaize is creating a parent company for its U.S. food and drug retail operations called Ahold Delhaize USA. The company said that, effective Jan. 1, Ahold Delhaize USA will oversee all of Ahold Delhaize’s U.S.
WBA becomes stakeholder in PharMerica
Walgreens Boots Alliance (WBA) is now a stakeholder in national specialty pharmacy operator PharMerica Corp. PharMerica on Wednesday announced the close of its acquisition by global investment firm Kohlberg Kravis Roberts (KKR). Under the $1.
Walmart changes company’s legal name
The world’s largest retailer is officially changing its legal name from Wal-Mart Stores Inc. to Walmart Inc. Walmart said Wednesday that the change, which takes effect with the start of its new fiscal year on Feb. 1, is meant to reflect the company’s shift from an operator of stores to one that