Thursday, March 21, 2013

Larry J. Merlo: The Perfect Fit

In the corporate world you can find many CEOs who are basically on top because of their great management skills. In fact some of them have come from different fields and brought over to run another company. There are also those who are in the industry they were trained for from the very start.

This is the case with Larry J. Merlo.  He is a pharmacist by training and since March 1, 2011 has been the CEO of CVS Care Corporation a company traded in the New York Stock Exchange. The firm is a leading provider of integrated pharmacy health care.
Merlo began his career as a pharmacist at People’s Drug. The company was acquired and became part of CVS/pharmacy.  Having been promoted over the years, he played a major role in the transformation of the firm from CVS/pharmacy, a large regional drug chain, to CVS Caremark, the nation’s largest pharmacy health care provider.  While fostering organic grow Merlo is well-known for integrating major acquisitions. Under his stewardship, CVS accomplished some of the most successful acquisitions in the history of retail pharmacy.

The man who started out as a pharmacist ended up being a great executive as well and as a trained pharmacist he knows his industry inside out.

 

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