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CVS announces organizational changes
Woonsocket, R.I. -- CVS Health is making a series of organizational changes to further drive enterprise alignment and fuel its growth strategy.
The changes include:
•The promotion of Josh Flum to executive VP, pharmacy services. In addition to overseeing retail pharmacy operations, pharmacy professional services, and payer relations, Flum will also have oversight of a new Enterprise Product Innovation and Development team, and a new Enterprise Pharmacy Growth team.
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PetSmart names former Collective Brands chief as CEO as David Lenhardt steps down
Phoenix – PetSmart on Wednesday named industry veteran Michael J. Massey as its president and CEO, effective immediately. Massey, who most recently served as CEO and president of Collective Brands Inc., replaces David Lenhardt, who stepped down upon the closing of private equity firm BC Partners’s acquisition of the pet supplies retailer. Also, BC Partners managing partner Raymond Svider has been appointed non-executive chairman.

