NACDS Promotes VP
The National Association of Chain Drug Stores (NACDS) announced the promotion of Don L. Bell II from VP of legal affairs and general counsel to senior VP of legal affairs and general counsel.
During his 10 years at NACDS, Bell has served in a number of legal department capacities. He served as general counsel since 2004. He currently serves as an advisor to NACDS and chain pharmacies regarding virtually all aspects of federal drug laws, fraud and abuse laws, Medicare and Medicaid reimbursement, antitrust and employment law.
He is also responsible for litigating ongoing lawsuits that affect pharmacies and assists in analyzing and drafting proposed legislation, and helps work with federal and state government agencies.
Cache CEO Resigns
New York City, Cache Inc. said Thursday chairman and CEO Brian Woolf resigned for personal reasons, effective immediately, and will be replaced by president Thomas Reinckens.
Earlier this month, Cache said its December sales were weaker than expected, and lowered fourth-quarter expectations.
Mothers Work Promotes Exec
Philadelphia, Mothers Work Inc. on Thursday promoted VP of design and acting senior VP of merchandising Lisa Hendrickson to chief merchandising officer.
Hendrickson succeeds Rebecca Matthias, who served as acting chief merchandising officer. Matthias remains president and chief creative officer.
Hendrickson has served as acting senior VP of merchandising since November and as VP of design since June 2006.