Giant Eagle exec nominated to USPS Board of Governors
WASHINGTON, DC — President Barack Obama on Wednesday announced his intent to nominate Giant Eagle executive chairman David Shapira to the role of governor for the Board of Governors of the United States Postal Service.
The Board of Governors of the U.S. Postal Service is comparable to a board of directors of a private corporation. The board includes nine governors who are appointed by the president, with the advice and consent of the Senate. The nine governors select the postmaster general, who becomes a member of the board, and those 10 select the deputy postmaster general, who also serves on the board.
Shapira has held the position of executive chairman at Giant Eagle since 2012. Previously, he was CEO and chairman of Giant Eagle from 1980 to 2012, and also was the company’s president from 2005 to 2012. He serves as a trustee of Oberlin College and is past chair and a current trustee of Carnegie Mellon University. He is a director of EQT Corporation and a member of the advisory board of Aquatech International. He is a former director of Mellon Bank Corporation. Shapira previously served on the boards of the Pittsburgh Regional Alliance, the Pittsburgh Symphony Orchestra and the Jewish Federation of Greater Pittsburgh.
Shapira received a B.A. from Oberlin College and an M.A. from Stanford University.
Uceris from Salix Pharmaceuticals granted final FDA approval
BY Ryan Chavis
RALEIGH, N.C. — Salix Pharmaceuticals on Thursday announced that the Food and Drug Administration granted final approval for the company's Uceris (budesonide) rectal foam for patients with mild-to-moderate distal ulcerative colitis. The foams is a corticosteroid administered rectally that combats treatment limitations associated with current therapies, which can be ineffective due to insufficient distribution of the active drug to the distal colon, the company stated.
UC is a chronic disease affecting the large intestine (the colon) in which the lining of the colon becomes inflamed and develops open sores that produce mucous and pus. Distal UC is described by the company as either "inflammation localized to the rectum" or "inflammation localized to the distal colon and rectum."
Bazooka gets gummy with latest confection
BY Ryan Chavis
NEW YORK — Bazooka Candy Brands is making its way into the gummy category. The Juicy Drop brand will expand to include Juicy Drop Gummies, which combines sour gummies with sour gel.
The new gummies include such flavors as Knock-Out Punch, Blue Rebel, Apple Attack and Watermelon Blast. Consumer can expect to see the confection in stores in January 2015, with a suggested retail price of $1.60 to $2.20.
Juicy Drop continues to be a top-seller for the brand, ranking No. 2 in front end non-chocolate sales, according to Bazooka. The company hopes its gummy innovation will prove just as successful as the brand's Juicy Drop Taffy, which launched in 2012.
“Just like we did with Juicy Drop Taffy, we are looking to revolutionize an already popular segment with Juicy Drop Gummies. We knew by marrying gummies with the signature sour gel of Juicy Drop, we’d create yet another product our consumers would absolutely love," said Anthony Trani, VP of marketing for Bazooka Candy Brands. "And based on the consumer feedback we’ve received so far, it has been an absolute hit.”
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