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Merlo officially takes helm at CVS
WOONSOCKET, R.I. — As previously announced and widely reported, March 1 marks the day that Larry Merlo officially assumes the role of CEO of CVS Caremark. Merlo, who now serves as president and CEO, succeeds Tom Ryan, who remains nonexecutive chairman until his retirement at the company's Annual Meeting of Shareholders in May.
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Promotions announced at REI
SEATTLE -- Recreational Equipment Inc. announced that Sue Sallee joined the company in the newly created position of VP accounting and finance. The company has also promoted Angela Owen, Tim Spangler and Tom Vogl to SVPs of the merchandising, retail, and marketing divisions respectively.