Drug store chain names CEO

BY Michael Johnsen

Pharmaca Integrative Pharmacy on Monday named Richard Willis as the company's president and CEO. He will also serve as a director of the company.

“Richard has a strong track record of creating value for shareholders. value for shareholders," stated Peter Cornetta, lead director and managing general partner of Highland Consumer Partners, owners of Pharmaca. “This combined with his retail and distribution industry knowledge makes Richard uniquely qualified to successfully lead Pharmaca into the future. Richard has been a successful executive in a number of private-equity backed situations and he is a great fit with each of the critical leadership competencies that we evaluated as part of our selection process."

Willis, 56, has more than 25 years of executive experience in retail, distribution and publishing. He most recently served as the president and CEO of SpeedCommerce. He previously served as the executive chairman of Charlotte Russe, and CEO for a number of companies including Baker & Taylor Corporation, Troll Communications and Bell Sports.

"I am excited for the opportunity to lead this outstanding senior management team and group of hard-working, talented employees," said Willis. "I look forward to a new chapter of growth for Pharmaca. The company's exceptional reputation of providing high-levels of customer service while creating a best-in-class product offering and store environment has provided it with a strong market position."

Pharmaca operates 28 Pharmaca Integrative Pharmacies and two Pharmaca Wellness & Natural Beauty stores in California, Colorado, New Mexico, Oregon and Washington, and has a robust online retail and educational presence.


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