Navarro Discount Pharmacy names CEO

New York City -- Navarro Discount Pharmacy, which currently has 29 stores, has named CFO Juan Ortiz to the position of CEO.



Ortiz succeeds CEO Steve Kaczynski, whose expertise in retail merchandising and marketing over the last 18 months has been instrumental in setting a strategic direction for the company and expanding its footprint in South Florida and nationally, the company said.



"Juan Ortiz and his team have worked diligently on [giving] Navarro¹s successful financial turnaround building a singular focus and working hand-in-hand with management and employees to execute an effective, long-term plan," stated Jorge Rico, a co-founding partner of MBF Healthcare Partners, Navarro's equity partner. "In addition, Juan's leadership over the last three years laid the needed groundwork for the first phase of Navarro¹s three-year store expansion plan, now being implemented, as well as record sales and earnings in the company's 50-year history."