OSI Pharmaceuticals taps former Rite Aid exec Legault for exec VP

MELVILLE, N.Y. OSI Pharmaceuticals on Tuesday named former Rite Aid executive Pierre Legault as executive vice president, chief financial officer and treasurer, effective Dec. 29.

Legault will report to OSI chief executive officer Colin Goddard.

“We are delighted that [Legault] is joining the OSI team,” Goddard said. “[Legault] has led finance and business teams in companies throughout the healthcare industry ranging from large pharma to major retail pharmacy chains and we are confident that, with his extensive financial and management experience, he will be a significant contributor to this company’s future growth and success.”

Legault succeeds Michael Atieh, who will be stepping down from the CFO position on Dec. 29, pending his previously announced retirement which will now occur effective Jan. 5.

Legault, 48, was most recently at Rite Aid Corporation where he was senior executive vice president and chief administrative officer following his role in the 2007 merger of Eckerd into Rite Aid. Prior to Rite Aid, Legault served as executive vice president of the Jean Coutu Group, running its Brooks Eckerd operations in the United States from January 2006 until June 2007. Legault also has more than 16 years of senior management experience in the pharmaceutical industry including several senior positions at sanofi-aventis and Aventis.