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Walgreens Announces Three New Members of Senior Management Team
Walgreens (NYSE:WAG)(NASDAQ:WAG) today announced three new members of its senior management team.
Bryan Pugh joins Walgreens as vice president of format development, focusing on affordable and essential merchandise, including basic staples such as food items, paper products and other consumables.
Colin F. Watts joins Walgreens as a vice president and president of Walgreens Health and Wellness disease management. Watts will be responsible for developing the business model, strategy and capabilities necessary for Walgreens to address the growth opportunity in prevention and population health management for patients across all of Walgreens platforms, including its drugstores, retail health clinics, worksite health centers, pharmacy benefit management services and specialty and home care facilities.
Jeffrey J. Zavada joins Walgreens as a vice president and chief sales officer with responsibility for selling health care services to managed care organizations and other payors.
"Bryan, Colin and Jeffrey are experienced leaders with track records of growth and success in their respective industries," said Walgreens President and COO Gregory D. Wasson. "Each will play a critical role in executing our growth strategies. Their addition continues to strengthen our Walgreen management team and gives us an even stronger blend of external perspective and internal expertise."
About Bryan Pugh
Pugh, who was most recently with Tesco USA's Fresh & Easy Neighborhood Markets, brings more than 25 years of experience in food and general merchandise retail, including store and regional operations, buying and merchandise planning, distribution and supply chain, store design and construction and mergers and acquisitions.
Over the last three years with Tesco USA, Pugh designed the Fresh & Easy store operations model and launched the retail grocery store chain on the West Coast, which grew to 90 locations in less than a year. Previously, he launched three new retail formats in Thailand for Tesco Thailand.
Prior to his Tesco experience, Pugh spent six years with CP Group of Asia, opening hypermarkets in China and Thailand and having responsibility for all purchasing. From 1985 to 1993, he worked for Wal-Mart Stores, Inc., moving up from an assistant store manager in the Sam's Club division to vice president of membership marketing.
Pugh was a marketing major at Arkansas State University.
About Colin Watts
As a senior executive in the health care industry for more than 10 years and consumer packaged goods for over 20 years, Watts has a proven track record of growing consumer and health care companies in the U.S. and globally.
Most recently, Watts was vice president and general manager at Campbell Soup Company, where he was responsible for the core U.S. Soup franchise, the largest business unit at the company. From 2005 to 2007, he was president of McNeil Consumer Healthcare Worldwide, a $2 billion division of Johnson & Johnson where he played a leadership role in the acquisition of the Pfizer Consumer Healthcare business.
Watts also served as worldwide president of J&J's McNeil Nutritionals operating company, where he successfully launched the Splenda brand of no-calorie sweetener, rebuilt the company's research and development capabilities and established a new nutritional health care platform in obesity and diabetes.
His previous background includes more than 10 years in marketing various consumer and health care brands. Watts graduated in 1986 from Brown University with a bachelor of arts degree in history. He also earned a master's degree in international relations from the University of Pennsylvania and a master's of business administration degree from the Wharton School at the University of Pennsylvania, both in 1991.
About Jeffrey Zavada
Zavada is a proven sales leader who has managed entire sales organizations and has worked in managed care for more than 15 years.
Zavada comes to Walgreens from UnitedHealthcare Group, Inc., where he was national vice president of key accounts. He managed his business unit's financial performance, distribution, product development, compensation and sales training.
Prior to his leadership positions with UnitedHealth, Zavada worked from 2000 to 2003 as national vice president of sales for ppoNEXT, one of the largest and fastest-growing preferred provider organizations (PPO) in the country. He also worked in sales for PacifiCare Health Systems, LLC, from 1992-2000.
Zavada graduated in 1994 from the University of Wisconsin - Green Bay with a bachelor of science degree in business management and political science.
About Walgreens
Walgreens (www.walgreens.com) is the nation's largest drugstore chain with fiscal 2008 sales of $59 billion. The company operates 6,630 drugstores in 49 states, the District of Columbia and Puerto Rico. Walgreens provides the most convenient access to consumer goods and cost-effective health care services in America through its retail drugstores, Walgreens Health Services division and Walgreens Health and Wellness division. Walgreens Health Services assists pharmacy patients and prescription drug and medical plans through Walgreens Health Initiatives Inc. (a pharmacy benefit manager), Walgreens Mail Service Inc., Walgreens Home Care Inc., Walgreens Specialty Pharmacy LLC and SeniorMed LLC (a pharmacy provider to long-term care facilities). Walgreens Health and Wellness division includes Take Care Health Systems, the largest and most comprehensive provider of worksite health and wellness centers and convenient care clinics, with more than 660 locations throughout the country.
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