National Association of Chain Drug Stores Elects New Officers, Board Members, Executive Committee Members

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Martin Otto, chief merchant & chief financial officer of H-E-B, will serve as the new NACDS chairman of the Board of Directors

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It is a pleasure to welcome Martin Otto as chairman of the NACDS Board of Directors.

During its Annual Meeting, the National Association of Chain Drug Stores (NACDS) elected new officers, two new Executive Committee members and six new Board of Directors members for the coming year.

Martin Otto, chief merchant & chief financial officer of H-E-B, will serve as the new NACDS chairman of the Board of Directors, succeeding Randy Edeker, chairman, CEO and president of Hy-Vee, Inc.

In addition, Alex Gourlay, president of Walgreen Co., was elected NACDS vice chairman, and Mark Panzer, senior vice president of pharmacy, health and wellness of Albertsons Companies, was elected NACDS treasurer. Each officer will serve a one-year term.

“It is a pleasure to welcome Martin as chairman of the NACDS Board of Directors,” said NACDS President and CEO Steven C. Anderson, IOM, CAE. “Martin has generously and energetically contributed his leadership to NACDS as a member of the Board and as an officer, and the entire H-E-B team has a legacy of strong engagement in all facets of NACDS’ work.”

The NACDS Board also elected the following new Executive Committee members: Carmen Bauza, senior vice president and general merchandise manager at Walmart and Mark Panzer, senior vice president of pharmacy, health and wellness with Albertsons Companies.

Six new Board of Directors members were also elected to serve three-year terms: Rick Keyes, president at Meijer, Inc.; Chris Lane, senior vice president at Wakefern Food Corp./ShopRite; Andre Persaud, executive vice president of retail at Shopko Stores Operating Co., LLC; George Riedl, senior vice president, president Walmart Health and Wellness; and David Vucurevich, chief operating officer at Genoa, a Qol Healthcare Company.

The 26 members of the NACDS Board of Directors develop NACDS’ policies and priorities.

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Chris Krese
NACDS
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