Walgreen Promotes Trio of Executives
Deerfield, Ill., Walgreen Co. promoted Trent E. Taylor to executive VP and chief information officer, from senior VP and CIO. Taylor joined Walgreens in 1992 as manager of information systems after working as a consultant with Ernst & Young in Chicago.
The company also promoted Gregory D. Wasson to executive VP and president of Walgreens Health Services (WHS), the company’s managed care division. Previously, Wasson was a corporate senior VP and president of WHS.
Kermit R. Crawford was promoted to VP and executive VP of PBM services for WHS. Previously, Crawford was VP of PBM services. Crawford joined Walgreens as a pharmacy intern in 1983.
New Senior VP for The Great Indoors
Hoffman Estates, Ill., Sears Holdings announced the promotion of Teresa Byrd to senior VP and general manager of The Great Indoors, effective immediately. She will oversee store operations, merchandising and marketing for the chain.
Byrd previously served as senior VP and general merchandise manager for Sears Essentials and Sears Grand.
Adidas Stands by Forecast
Frankfurt, Germany, German sporting-goods firm Adidas-Salomon reiterated its 2005 profit and sales forecasts and mid-term goals. Adidas, which is buying U.S. rival Reebok to further compete with bigger rival Nike, said it maintains its expectation of a 20% growth in this year’s net income.