Business
Shoppers Drug Mart Appoints President and Chief Operating Officer
Shoppers Drug Mart Appoints President and Chief Operating Officer.
About this update from Serrano Resources Ltd.
[{"type":"text","content":"\n\n\n\n\nJurgen Schreiber Joins Company from the World's Largest Health and Beauty\nRetailer\n\nTORONTO, July 31 /CNW/ - Shoppers Drug Mart Corporation (TSX:SC) today\nannounced the appointment of Jurgen Schreiber as the Company's President and\nChief Operating Officer.\nMr. Schreiber joins Shoppers Drug Mart from his recent post as Chief\nExecutive Officer, Health and Beauty Europe for A.S. Watson, a subsidiary of\nHutchison Whampoa Limited, owner of the world's largest network of health and\nbeauty stores. In this capacity, he was responsible for more than 4,000 stores\nin 23 countries. These stores, operating under 10 brands, include Superdrug\nand A.S. Watson. He has also led the company's recent expansion with the\nacquisition and successful integration of the Drogas and Spektr chains, as\nwell as its growing position in the perfumeries and cosmetics sector.\nPrior to assuming responsibility for the European operations, Mr.\nSchreiber was responsible for global sourcing for the A.S. Watson Group,\noverseeing a multi-billion dollar procurement budget.\nEarlier in his career, he held a number of increasingly senior positions\nwith a leading international consumer products manufacturer, developing strong\ninternational supplier relationships in 15 countries.\n\"Jurgen is the right addition to our management team at the right time.\nHe adds extensive, unique experience in pharmacy and cosmetic retailing. We\nare confident that he will bring a distinctive and fresh perspective to\nShoppers Drug Mart,\" said Glenn Murphy, Chairman and Chief Executive Officer\nof Shoppers Drug Mart. \"Jurgen's expertise will strengthen and support the\nCompany's expanding operations. The Board of Directors and I are pleased that\nthe Company has been able to attract such a high-calibre and qualified\nexecutive to contribute to our future growth.\"\nDavid Williams, Lead Director of the Board, added: \"Jurgen adds depth to\nthe Company's already strong management team at a key point in our evolution.\nHis appointment helps ensure we have the best possible people leading the\nCompany's operations.\"\nMr. Schreiber will assume his new position in September when he has\ncompleted his relocation from his current home in Europe. He holds a Master of\nArts, Business Administration Degree from the University of Mannheim in\nGermany, and speaks five langua...