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| Friday, 28 September 2012, 04:35 HKT/SGT | |
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Source: Omnicare | |
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CINCINNATI, OH, Sept 28, 2012 - (ACN Newswire) - Omnicare, Inc. (NYSE: OCR) today announced that Jeffrey M. Stamps, R.Ph., Executive Vice President and President Long-Term Care Division plans to retire from the Company, effective November 15, 2012.
"While we will miss Jeff's contributions, we are confident our Long-Term Care executive team will continue to build upon the progress we have made toward achieving our operating objectives," said Nitin Sahney, Omnicare's President and Chief Operating Officer.
"I echo Nitin's comments and want to personally thank Jeff for his many years of service," said Omnicare's Chief Executive Officer John L. Workman. "He has been an important part of our Long-Term Care business through the years and a contributor to our becoming the nation's leading institutional pharmacy provider."
Mr. Stamps said, "It has been an honor to work at Omnicare and to contribute to its remarkable growth. We have seen much change in our industry and I am proud of the leadership role we play in meeting the needs of the frail elderly. I look forward to continuing to be available to the Company as it meets the evolving needs of the growing senior population."
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
https://www.acnnewswire.com
From the Asia Corporate News Network
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