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Issue 05-24-2010

CVS Caremark unveils succession plan

After a dozen years at the helm of CVS Caremark Corp., Tom Ryan plans to retire next year. Ryan, who has been CVS Caremark’s president and chief executive officer since 1998 and its chairman since 2007, is slated to step down at the company’s annual shareholders meeting next May. He is expected

NACDS Annual Meeting: Industry set to impact health care equation

The relationship between pharmacists and their patients is critical to improving Americans’ well-being and making the country’s health care system more efficient, incoming National Association of Chain Drug Stores chairman Larry Merlo told attendees at the association’s Annual Meeting here last mont

Wellness+ loyalty program rolled out by Rite Aid

Rite Aid Corp. has launched its wellness+ customer rewards program nationwide, offering a combination of health and wellness benefits and member-only discounts. The program will be supported by a national television, radio, circular and digital advertising campaign.

Anxious tone marks Shoppers Drug Mart annual meeting

At Shoppers Drug Mart’s (SDM’s) annual meeting here earlier this month, chairman David Williams, president and chief executive officer Jürgen Schreiber, and executive vice president and chief financial officer Brad Lucow were able to report that despite the recession 2009 was another record-breaking

Pegus joins Walgreens as chief medical officer

Cheryl Pegus has been named chief medical officer at Walgreen Co. Pegus, 46, has over 18 years of clinical practice and industry experience. Previously, she was general manager and chief medical officer for SymCare Personalized Health Solutions Inc.

Maione sets retirement from J&J

Frank Maione will retire in the fall as U.S. chief customer officer at Johnson & Johnson. A 34-year industry veteran, Maione joined J&J when it acquired Pfizer Consumer Healthcare in 2006.

NACDS Annual Meeting a major triumph

Over three very special days at the end of April, the National Association of Chain Drug Stores staged one of the memorable retailing conventions of recent times, a thrilling and productive spectacle that brought together the leading retailers and suppliers in America and gave them both the stage an