Toronto, October 3, 2011 – The Board of Directors of Shoppers Drug Mart Corporation today announced that Domenic Pilla has been appointed President, Chief Executive Officer and a Director of the Company effective November 1, 2011.
Mr. Pilla brings nearly 30 years of leadership experience in the health care and retailing sectors, most recently as President of McKesson Canada, the Canadian unit of McKesson Corporation, a leading Fortune 500 health care services and technology company.
Holger Kluge, Chairman of Shoppers Drug Mart, said, “We are delighted that Domenic is joining us. His valuable experience in delivering health care services and solutions to a broad range of health care providers, ranging from pharmacies to hospitals, as well as governments and patients, makes him an excellent choice to lead the next phase of growth in all our businesses. He brings a strong vision, experienced leadership, passion and energy to work with our Associate Owners and employees in delivering continued best-in-class experiences for all our customers.”
Mr. Kluge added, “On behalf of the Company’s Associate Owners, employees and the Board, I would like to take this opportunity to thank Board member and interim President and CEO Dave Williams for his excellent leadership over the past few months.” Mr. Williams will work closely with Mr. Pilla to ensure a smooth transition to new leadership.
Mr. Pilla’s experience in the health care sector includes community pharmacy, pharmaceutical distribution and sales management, specialty health networks, chronic disease management and adherence and health information technology. Earlier in his career, he was responsible for sales and distribution at Petro-Canada at a time when that company was diversifying into food and associated retail services.
“I am delighted to join Shoppers Drug Mart at this time of challenge and reform in health care and community pharmacy,” said Mr. Pilla. “A time of change is also a window of opportunity for the Company to continue to lead the industry in providing innovative patient services, while driving organizational efficiencies and continued growth in the retail sector.”
The appointment of Mr. Pilla follows a thorough global search for a leader with the requisite skills, insights, and experience in both health care and retailing.
About Shoppers Drug Mart Corporation
Shoppers Drug Mart Corporation is one of the most recognized and trusted names in Canadian retailing. The Company is the licensor of full-service retail drug stores operating under the name Shoppers Drug Mart (Pharmaprix in Québec). With more than 1,190 Shoppers Drug Mart and Pharmaprix stores operating in prime locations in each province and two territories, the Company is one of the most convenient retailers in Canada. The Company also licenses or owns 59 medical clinic pharmacies operating under the name Shoppers Simply Pharmacy (Pharmaprix Simplement Santé in Québec) and eight luxury beauty destinations operating as Murale. As well, the Company owns and operates 63 Shoppers Home Health Care stores, making it the largest Canadian retailer of home health care products and services. In addition to its retail store network, the Company owns Shoppers Drug Mart Specialty Health Network Inc., a provider of specialty drug distribution, pharmacy and comprehensive patient support services, and MediSystem Technologies Inc., a provider of pharmaceutical products and services to long-term care facilities in Ontario and Alberta.
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