Leading General Merchandise Retailer Shopko Names New Senior Vice President Retail Health
GREEN BAY, Wis., June 4, 2014 /PRNewswire/ -- Shopko announced today that veteran pharmacy executive Michael Cantrell has joined the company as senior vice president, retail health. In this role, Cantrell will provide strategic direction for Shopko's Pharmacy, Optical and Rx Care departments. He will report to Peter McMahon, chief executive officer.
Cantrell, a registered pharmacist and licensed attorney, is joining Shopko from Delhaize America, where he was VP of Pharmacy. Prior to Delhaize America, Cantrell held various executive positions at AmerisourceBergen and Longs Drugs.
"Mike brings high-level pharmacy experience, a proven track record of success and a fresh perspective to Shopko's pharmacies, optical departments and Rx Care areas," said Peter McMahon, CEO of Shopko. "His unique combination of legal and pharmacy experience will make him an invaluable resource as we look to strengthen and expand the health and wellness services provided to our customers."
Previously, Cantrell was group vice president managed networks at AmerisourceBergen Corporation where he was named president of the company's Good Neighbor Pharmacy Network. Cantrell also served as vice president professional services and chief privacy official for Longs Drug Stores, where he was named to the board of RxAmerica, the chain's wholly-owned pharmacy benefit manager.
Cantrell holds a B.A. degree in Chemistry from the University of Northern Colorado, a B.S. degree in Pharmacy from the University of Utah, and a J.D. degree from the former Peninsula University. He is a registered pharmacist and is a current member of the State Bar of California.
Shopko is owned by an affiliate of Sun Capital Partners, Inc., a leading private investment firm focused on leverage buyouts, equity, debt, and other investments in market-leading companies.
Founded in 1962 and headquartered in Green Bay, Wisconsin, Shopko Stores Operating Co., LLC is a $3 billion retailer that operates 326 stores in 21 states throughout the Midwest, Mountain, North Central and Pacific Northwest regions. Retail formats include 134 Shopko stores, providing quality name-brand merchandise, great values, pharmacy and optical services in small to mid-sized cities; 5 Shopko Express Rx stores, a convenient neighborhood drugstore concept; 6 Shopko Pharmacy locations; and 181 Shopko Hometown stores, a smaller concept store developed to meet the needs of smaller communities. For more information, visit www.shopko.com.
About Sun Capital Partners
Sun Capital Partners, Inc. is a pioneer in private investing, uniquely combining the financial skills and other resources of a traditional private equity firm with the insight and expertise of a world class operating team. The firm focuses on market-leading companies that can benefit from its in-house operating professionals, resources and expertise in their efforts to materially improve operating performance. Sun Capital affiliates have invested in more than 330 companies worldwide with combined sales in excess of $45 billion since its inception in 1995. Sun Capital has offices in Boca Raton, Los Angeles and New York, and affiliates in London, Frankfurt, Paris, Luxembourg, Shanghai and Shenzhen. For more information, visit www.SunCapPart.com.