Walgreens Adds to Leadership Team in Pharmacy, Health and Wellness Division

Dr. Jeffrey Kang joins company as senior vice president of health and wellness services and solutions; Mike Ellis named vice president of specialty pharmacy and infusion

DEERFIELD, Ill., October 11, 2011 - Walgreens (NYSE, NASDAQ: WAG) today announced two additions to the leadership team of its pharmacy, health and wellness division.

Dr. Jeffrey Kang will join the company on Oct. 31 as senior vice president of health and wellness services and solutions, reporting to both President and CEO Greg Wasson and President of Pharmacy, Health and Wellness Kermit Crawford.

In addition, Mike Ellis has joined Walgreens as vice president of specialty pharmacy and infusion, reporting to Crawford.

“To advance community pharmacy and our role in the integration and cost-effective delivery of healthcare, we are continuing to strengthen the talent and leadership of our pharmacy, health and wellness organization,” said Crawford. “Jeff comes to Walgreens after a long and diverse career in the healthcare industry. He has experienced the industry from all sides – as a practicing physician, from inside government and in the private sector. With his extensive background in health care, Jeff has the breadth of experience and strategic insight to lead our health and wellness businesses, building a dynamic organization that helps us meet customers’ needs for access to quality, affordable healthcare.”

Most recently Kang, 55, was chief medical officer at CIGNA, where he was responsible for health strategy and policy for its medical, pharmacy and behavioral products. Kang also was responsible for CIGNA’s pay for performance programs, including its patient centered medical home and accountable care organizations. Prior to his position at CIGNA, he served as chief clinical officer at the Health Care Financing Administration (now Centers for Medicare and Medicaid Services) from 1998 to 2002. He also was chief medical officer for the Office of Managed Care from 1995 to 1998.

Kang began his career as the executive director of the Urban Medical Group, a not-for-profit, private group practice in Boston that pioneered the use of physician and nurse practitioner teams to care for frail, elderly patients.

Kang is board certified in internal medicine and geriatrics and was on the clinical faculty at Harvard Medical School. In 1981, he received both his M.D. from University of California at San Francisco and his M.P.H from the University of California at Berkeley. He earned his bachelor’s degree from Harvard College in 1977. He was on the clinical faculty at Boston’s Beth Israel Hospital, Harvard Medical School, from 1984 to 1994. Kang currently serves on the board of directors for the Healthcare Information and Management Systems Society (HIMSS).

In announcing the appointment of Mike Ellis as Walgreens new vice president of specialty pharmacy and infusion, Crawford said Ellis will bring important strategic oversight to both of those business units. “Mike’s well-rounded background in specialty and infusion pharmacy includes developing strategic service relationships with the biotech and pharmaceutical industries, and building new business opportunities,” said Crawford. “His leadership will be an important part of our opportunity to play a significant role as a provider in these growing pharmaceutical segments.”

Most recently Ellis, 53, managed private investments for companies in healthcare and other industries. Prior to that, he served as the senior vice president of specialty trade relations and contracting and pharmaceutical services for CVS Caremark. His more than 28 years of experience covers both the specialty pharmacy and infusion services industries, including senior positions with companies including AdvancePCS, Olsten Health Services and Quantum Health Resources.

Ellis is a licensed pharmacist and earned his bachelor of science degree in pharmacy in 1982 from the University of Arkansas College of Pharmacy.

About Walgreens

Walgreens (www.walgreens.com) is the nation's largest drugstore chain with fiscal 2011 sales of $72 billion. The company operates 7,779 drugstores in all 50 states, the District of Columbia and Puerto Rico. Each day, Walgreens provides nearly 6 million customers the most convenient, multichannel access to consumer goods and services and trusted, cost-effective pharmacy, health and wellness services and advice in communities across America. Walgreens scope of pharmacy services includes retail, specialty, infusion, medical facility and mail service, along with respiratory services. These services improve health outcomes and lower costs for payers including employers, managed care organizations, health systems, pharmacy benefit managers and the public sector. Take Care Health Systems is a Walgreens subsidiary that is the largest and most comprehensive manager of worksite health and wellness centers and in-store convenient care clinics, with more than 700 locations throughout the country.

 

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