GENCO Announces Larry Hruska as its New President of Capital Returns Inc.
PITTSBURGH, Pa. - August 10, 2006 - GENCO today announced that Larry Hruska has joined its pharmaceutical returns business unit, Capital Returns Inc., as president. Mr. Hruska comes to GENCO with 28 years of extensive pharmacy and operations experience. He will be responsible for aspects of the reverse distribution of pharmaceuticals, including strategic/business planning, financial and risk analysis, inventory control, capital and facilities planning, security and customer service.
Prior to joining GENCO, Mr. Hruska served as senior director of Provider Relations at Express Scripts, Inc. where he was responsible for building, contracting and maintaining pharmacy provider networks for 50 million people. Previously, Mr. Hruska served as vice president of Pharmacy at Kmart, Inc. where he was responsible for all aspects of pharmacy for 1,408 pharmacies with annual pharmaceutical sales of $2.8 billion. His background also includes various leadership positions at RX.com, Inc., K&B, Inc., Phar-Mor, Inc., Reliable Drug Stores, Inc. and Rite Aid Corporation. "Larry is a well known and respected executive leader in the pharmaceutical industry. His broad pharmaceutical expertise will be a tremendous asset and have a positive impact on all facets of Capital Returns' operations," said Herb Shear, president and chief executive officer of GENCO. "We are pleased to have such a prominent leader in the pharmaceutical industry accept the leadership position at Capital Returns." Mr. Hruska received a bachelor's degree in Pharmacy from the University of Pittsburgh, School of Pharmacy. GENCO is a recognized leader in supply chain management serving a diverse range of manufacturing, retail and government customers throughout North America, Australia and the United Kingdom. The company provides a complete range of value-added supply chain solutions, including contract warehousing, reverse logistics, pharmaceutical returns, asset recovery, transportation management, supply chain analysis, parcel management, damage research and infrastructure. Capital Returns is the industry leader and innovator that has transformed pharmaceutical returns into a data-rich, systematic process that drives critical information and value back to manufacturers, pharmacies and wholesalers.
|
