MEDCO CONTAINMENT SERVICES SENIOR EXEC VP-SALES DONALD DAHLIN

Executive Summary

MEDCO CONTAINMENT SERVICES SENIOR EXEC VP-SALES DONALD DAHLIN joins the firm from PCS, where he was president and chief executive officer. Medco created the new position for Dahlin, who will report to Chairman and President Martin Wygod. Dahlin, 38, moved to Medco Aug. 10, the date Medco announced his appointment. He disclosed his intention to resign from McKesson's Pharmaceutical Card Service subsidiary in mid-June. Dahlin had been PCS' chief executive since 1981. McKesson is said to be considering either a divestiture of PCS or an increase in its 86% equity interest ("The Pink Sheet" Aug. 7, p. 14). Both PCS and Medco are expected to bid for a drug claims processing contract under the Medicare catastrophic care program. Medco operates Paid Prescriptions drug claims processing business and National Rx mail service pharmacies. Medco's Wygod said the addition of Dahlin "to Medco's management team will greatly strengthen its ability to design, develop, and implement prescription drug programs that lower prescription drug costs to employers, insurance companies, unions and HMOs."