Rosenbluth promoted to Walgreens corporate VP
DEERFIELD, Ill. —Walgreens has promoted Hal Rosenbluth, president of Walgreens health and wellness division, to corporate vice president.
Walgreens health and wellness division was formed last month as part of the retailer’s announced acquisitions of two work site health center operators—I-trax of Chadds Ford, Pa., parent company of CHD Meridian Healthcare, and privately held Whole Health Management of Cleveland. Upon closing of the transactions, Walgreens will have more than 500 work site and retail health centers in 40 states, including its Take Care Health clinics.
Rosenbluth is the co-founder and chairman of Take Care Health Systems, which was acquired by Walgreens in 2007. He has 29 years of experience in the business-to-business sector as founder of Rosenbluth Intl. a global travel management company.
Through a series of acquisitions, he built RI into a $3 billion business with 4,300 employees operating in 15 countries before selling the company to American Express in 2003. The following year, he co-founded Take Care Health Systems, which opened its first convenient care clinic in November 2005.
“Hal’s passionate about health care in terms of improving access and lowering costs for patients and payers, and he is well respected in the business, health care and political worlds,” stated Walgreens chairman and chief executive officer Jeff Rein.
JPMA refutes media reports about dangers of baby bottle materials
MT. LAUREL, N.J. The media has been asked by the Juvenile Products Manufacturers Association to halt stories with claims of purported negative health effects from using baby products containing bisphenol A (BPA). JPMA claims that statements of ill health linked to items containing BPA are often misleading and frighten consumers.
According to JPMA, research has shown that when used properly, products made with BPA do not pose a health threat.
Robert Waller, Jr., the president of JPMA, said, “JPMA is extremely disappointed in the media for speculating that Health Canada’s assessment of BPA would recommend labeling the chemical a dangerous substance, when in fact the report has not even been issued yet.”
Claims in the media have stated that risk may come from the plastic shields on pacifiers, parts of baby bottles or sippy cups being broken down or chewed, and then ingested with food or saliva. Scientific findings indicate that BPA may cause estrogenic effects in laboratory animals, and so concerns about the safety of baby products, especially bottles, has been under scrutiny.
JPMA, whose mission is to educate consumers and industry professionals about juvenile products and safety, is referring consumers to its Web site, www.babybottles.org, for more information on BPA and related health findings.
American Greetings reports fiscal 2008 profit
CLEVELAND American Greetings generated $83.3 million in earnings for fiscal 2008, including $15.6 million in the fourth quarter ended Feb. 29, and more than $1.77 billion in total sales for year. Total sales were down about 1 percent from $1.79 billion the previous year, but earnings were up 96 percent from $42.4 million.
“I’m pleased we were able to achieve earnings within our forecasted range and exceed our cash flow guidance,” said American Greetings chief executive officer Zev Weiss. “Our strong cash flow allowed us to make two acquisitions in the digital photo space and repurchase shares.”