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Take Care co-founder tops list of promotions at Walgreens

7/16/2008

DEERFIELD, Ill. Walgreens has named Take Care clinic co-founder and chairman Hal Rosenbluth a corporate senior vice president of the company, in addition to his role as president of Walgreens Health and Wellness division.

The chain formed the Health and Wellness division in March, in the wake of its acquisitions of leading worksite clinic operators, I-trax, of Chadds Ford, Pa., parent company of CHD Meridian Healthcare, and privately held Whole Health Management of Cleveland. Including its prior acquisition of Take Care Health Systems, Walgreens operates more than 500 clinics under its Health and Wellness division.

“Hal’s strength as an entrepreneur who knows how to build profitable businesses is serving him well as he leads the integration of I-trax, Whole Health Management and Take Care Health Systems under our Health and Wellness division,” said Walgreens chairman and chief executive officer Jeffrey A. Rein.

Prior to starting Take Care, Rosenbluth, who has 29 years of experience in the business-to-business sector, ran Rosenbluth International, a global travel management company, which he also founded. Before selling it in 2003 to American Express—the year before he began Take Care—Rosenbluth grew RI to a $3 billion business with 4,300 employees operating in 15 countries.

In addition, Rosenbluth is also credited with having been instrumental in the formation of the Convenient Care Association, and served as the group’s first chairman.

In other news, Walgreens also named Michael Nameth, who is currently executive vice president for pharmacy benefit management and specialty pharmacy at Walgreens Health Services division, to a corporate divisional vice president. Nameth joined Walgreens with its 2006 acquisition of Medmark Specialty Pharmacy Solutions.

“Mike is a strategic thinker, operations-oriented and good with people,” said Rein. “His understanding of the managed care business will be a tremendous asset as we accelerate our strategy.”

Prior to Medmark, Nameth spent 10 years at WellPoint, and was president of its pharmacy benefit management unit, and has more than 20 years of experience in the managed care industry.

Finally, Walgreens has also promoted Mark A. Wattley, currently vice president and legal counsel of human resources for Walgreens Health Services, to a corporate divisional vice president for Walgreens. Wattley joined Walgreens 10 years ago as a senior attorney in employee relations and moved to Walgreens Health Services in 2003. Prior to Walgreens, he was an employment litigation attorney with the Chicago Board of Education.

“Mark is a great listener, and as our Walgreens Health Services division has grown through acquisitions, he understands the trepidation people often feel when their companies are acquired by a larger one,” said Rein. “Mark has been very effective at retaining key people by welcoming them and easing their way into the Walgreens team.”

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