Shivers to retire from Publix in June
LAKELAND, Fla. After 50 years of service, Publix Super Markets’ vice president of risk management Ed Shivers on Wednesday announced his decision to retire effective June 16.
“Ed made enormous contributions to Publix and to our industry by serving in various ways, including being a founding member and past chairman of the Food Marketing Institute committee of risk management and a governor’s appointee on two Florida workers compensation oversight boards,” stated Todd Jones, president of Publix. “Throughout his career, his passion for Publix and making us a better place to work and shop has always been his top priority. Over the past 50 years, he has affected the lives and careers of thousands of people. We will all miss Ed and wish him and his wife, Hazel, the very best in this new chapter of life.”
Shivers began his Publix career in 1958 as a part-time front-service clerk in Winter Park, Fla. In 1967 he became a store manager in Gainesville, Fla., and in 1976 was promoted to district manager, assigned to the Daytona Beach area. Shivers was promoted to director of insurance and safety in 1978 and in 1985 was elected to his current position.
Publix named Marc Salm as Shivers’ successor effective June 17. Salm joined Publix in 1997 serving as a senior attorney in human resources, and human resources counsel, where he managed employment and labor law issues. He became director and counsel of risk management in 2001. Prior to his employment at Publix, Salm practiced law in Atlanta.
A graduate of the Emory University School of Law and the University of Michigan, Salm resides in Lakeland, Fla., with his wife, Ellen, and their two children.
CVS Caremark awarded AT&T PBM contract
WOONSOCKET, R.I. CVS Caremark has been awarded a contract to provide PBM services to AT&T’s employees and retirees, effective Jan. 1, 2009.
“We are delighted that AT&T has chosen to consolidate its entire PBM business with us,” stated Tom Ryan, chairman, president and chief executive officer of CVS Caremark. “AT&T is one of our oldest and best customers, and we consider this decision to be a vote of confidence for our integrated model of delivering pharmacy health care. By consolidating their PBM business with CVS Caremark, they will be well positioned to consider a number of the unique services that only we can offer.”
Under the agreement, CVS Caremark will provide a suite of integrated pharmacy services, including claims processing, network management, rebate contracting, mail order pharmacy and specialty pharmacy services.
Commenting on the news, Lehman Brothers analyst Meredith Adler stated in a research note, “Since Caremark already had about two-thirds of the contract previously, we estimate that the incremental revenue will be about $350 million. The total contract is approximately $1.25 billion, with mail accounting for two-thirds of revenue and retail representing the other one-third.”
Adler estimated that the impact to earnings to be about 2 cents to 3 cents. “We believe AT&T’s desire to work with CVS demonstrates that payors are beginning to appreciate the value of the company’s combined model,” she stated.
Safeway president of perishables exits company
PLEASANTON, Calif. Safeway’s president of perishables, Des Hague, has left the company and will be replaced by executive Kelly Griffith. A statement from Safeway stated Hague left the company “to pursue other business opportunities.”
“We are grateful for the contributions and wish him well in his future endeavors,” said Safeway president and chief executive officer Steve Burd in a statement.
Griffith has been with Safeway for 28 years and was most recently president of the chain’s Portland Division, a position he’s held since 2005. His position is going to be filled by Steve Frisby, who is currently president of Safeway’s Texas Division. Frisby has been with Safeway since 1972.