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Walmart names Instagram co-founder Kevin Systrom to board

BY Michael Johnsen

 

BENTONVILLE, Ark. — Walmart on Monday named Kevin Systrom, an entrepreneur, software engineer and co-founder of photo-sharing service Instagram, as a new member of the company’s board, effective Sept. 26. Systrom becomes the 15th member of the board and will also serve as a member of the company’s Technology and eCommerce Committee and its Compensation, Nominating and Governance Committee.
 
“Kevin’s entrepreneurial background and his technical and digital expertise will be invaluable as we further connect with customers and deploy new capabilities through e-commerce and mobile channels,” stated Walmart chairman Rob Walton. “Walmart is investing in e-commerce capabilities through talent, technology and fulfillment. Kevin’s passion and deep knowledge of social media align with our focus to engage customers through our digital and physical channels.”
 
“Walmart has had a profound impact as a global leader in retail,” Systrom said. “It’s an honor to join the Walmart board and have an opportunity to help provide more convenient and flexible ways for people to shop.”
 
Systrom, 30, is best known as CEO and co-founder of Instagram, the photo-and-video sharing social networking service. Founded in 2010, Instagram was acquired by Facebook in August 2012. Systrom is currently CEO of Instagram, where he is responsible for its day-to-day operations and has overseen its growth to more than 200 million monthly active accounts.
 
A native of Massachusetts, Systrom holds a B.S. in management science and engineering from Stanford University. Since 2011, Systrom has consistently been ranked in lists such as Fortune's 40-under-40 and TIME’s 100 most influential people.

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Cardinal Health Specialty Solutions makes KEW’s diagnostic services available to oncology customers

BY Michael Johnsen

DUBLIN, Ohio — Cardinal Health Specialty Solutions and KEW Group, a privately held oncology services company, on Monday announced an agreement for the two companies to make KEW's diagnostic services available to Specialty Solutions' community oncology customers.
 
"We are committed to working with all players in the healthcare system to ensure the right patients are treated at the right time, with the most effective medication, in the most convenient, accessible setting," stated Scott Howell, SVP clinical services for Cardinal Health Specialty Solutions. "Our expanded agreement with KEW helps us deliver on that commitment, by providing community oncologists with access to advanced diagnostics tools that can help them make the best, most informed treatment decisions for their patients, while improving the overall cost effectiveness of care." 
 
Cardinal Health Specialty Solutions customers will now have access to KEW's CancerPlex, a versatile and comprehensive genetic test providing accurate, thorough and timely molecular diagnosis of patients' solid tumors, providing oncologists the ability to manage their treatment decisions with the precision provided by personalized medicine. 
 
CancerPlex simultaneously provides complete sequence coverage of more than 410 cancer genes; simplifies and streamlines the test-ordering process by eliminating serial "hotspot" tests; delivers a comprehensive report, including actionable data; informs physicians of optimal treatment options using approved therapies and available clinical trials; and supports clinical trial enrollment by providing oncologists with required molecular data.
 
CancerPlex testing is performed at KEW's CLIA laboratory. After an oncologist orders CancerPlex, KEW facilitates tumor specimen retrieval from the patient's pathologist; analyzes the specimen at its CLIA lab and then reports the findings to the oncologist. This process reveals genetic and genomic changes that impact a patient's optimal treatment options, and which may otherwise remain undiscovered by limited genetic screening or less comprehensive tests. KEW then provides the oncologist with information on diagnostic findings and potential treatment options (including clinical trials) that are most appropriate for the patient.
 
"We are excited to make our leading-edge molecular sequencing tumor diagnostics tools available to the nationwide network of community oncologists served by Cardinal Health Specialty Solutions," stated Scott Schell, CEO of KEW Group. "We look forward to working with Specialty Solutions and community oncologists – who treat 80% of cancer patients in the United States – empowering them with the ability to provide personalized medicine treatments previously only available at large cancer treatment and academic centers."
 
Earlier this year, KEW announced that it had closed a private round of financing with Cardinal Health and the Bolyston Street Group. John Sullivan, VP strategy and corporate development at Cardinal Health, serves KEW's board of directors.  
 
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Meijer debuts food solutions program

BY Vivian Gomez

GRAND RAPIDS, Mich. — Meijer has launched a first-of-its-kind food solutions program in each of its 213 stores. According to the retailer, “Ready! For You” is designed to meet the tastes and lifestyles of busy families by providing recipe ideas, inspiration and savings opportunities in-store and online.
 
“Families are busier than ever and feeling squeezed for both time and money,” said Randy Stewart, group VP of foods for Meijer. “We’re excited to launch this new program as shoppers focus on back to school and get back into a routine of family meals that are affordable and quick to prepare.”
 
Inside Meijer stores, Ready! For You-branded meal displays pair food solution items from various manufacturers together. Shoppers have the opportunity to taste what’s on display with weekly sampling demos. Meijer is creating online videos with quick and simple food ideas and is sharing a steady cadence of recipes on breakfast, lunch and dinner Pinterest boards.
 
The items that make up each Ready! For You meal have an average cost of between $12-$15 to feed a family of four and are all part of weekly sales promotions. Customers can also get discounts when they buy multiple Ready! For You items, which can save shoppers an additional 15-20%.
 
“One of the biggest hurdles that prevents families from cooking at home is finding new meal and snack ideas that are affordable, delicious and quick to prepare,” Meijer healthy living adviser and registered dietitian Shari Steinbach said. “The quick and easy food solutions in the Ready! For You program are an exciting and affordable way to help families get back in the kitchen.”
 
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