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Thursday, 6 September 2012, 06:20 HKT/SGT
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Source: Omnicare
Omnicare Announces the Appointment of Steven Skwara as Chief Compliance Officer

Cincinnati, Sept 6, 2012 - (ACN Newswire) - Omnicare, Inc. (NYSE: OCR) today announced Steven Skwara has been appointed Chief Compliance Officer.

Mr. Skwara will oversee and lead Omnicare's corporate compliance function, reporting directly to Omnicare's Board of Directors and John L. Workman, Omnicare's Interim Chief Executive Officer. He succeeds Kathleen McGuan who has served Omnicare with distinction.

"We are delighted to promote Steve to Chief Compliance Officer as we continue to reinforce Omnicare's commitment to compliance," said Mr. Workman. "With his extensive background in healthcare law and policy, we had identified him through our succession planning to lead our compliance initiatives. We are confident he will continue to cultivate relationships with various healthcare regulatory agencies to the benefit of all our stakeholders.

"I want to thank Kathleen for her dedication to reshaping our strategy around compliance and developing a strong compliance leadership team," added Mr. Workman. "She joined Omnicare at an important moment and provided the expertise and vision to set a strong course for our initiatives. We wish her success as she embarks on her new teaching endeavors."

Mr. Skwara was formerly Omnicare's Deputy Chief Compliance Officer. Previously, he served in senior compliance roles at WellCare, Inc. and Blue Cross Blue Shield of Massachusetts. Joining WellCare in 2010, he helped reshape the company's compliance program and improve its credibility with federal and state regulators. In addition, he previously was a partner in the Washington, DC office of Epstein Becker & Green PC, where he represented health plans and providers in litigation, including federal False Claims Act cases, and in compliance-related matters. Mr. Skwara has previously served as an officer and board member of the National Healthcare Antifraud Association.

Mr. Skwara holds a bachelor's degree from Yale University, and a law degree from the University of Michigan.

About Omnicare

Omnicare, Inc., a Fortune 400 company based in Cincinnati, Ohio, provides comprehensive pharmaceutical services to patients and providers across North America. As the market-leader in professional pharmacy, related consulting and data management services for skilled nursing, assisted living and other chronic care institutions, Omnicare leverages its unparalleled clinical insight into the geriatric market along with some of the industry's most innovative technological capabilities to the benefit of its long-term care customers. Omnicare also provides key commercialization services for the bio-pharmaceutical industry and end-of-life disease management through its Specialty Care Group. For more information, visit www.omnicare.com .

Contact:

Media:
Ed Loyd
+1-513-719-0808
Ed.loyd@omnicare.com

Investors:
Patrick C. Lee
+1-513-719-1507
patrick.lee@omnicare.com


This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Omnicare via Thomson Reuters ONE

Topic: Press release summary
Source: Omnicare


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