In Brief: Pharmacy Direct Network
Executive Summary
Pharmacy Direct Network: President and CEO Robert Pfotenhauer resigns from the prescription benefit management firm, PDN announces March 10. Also leaving is VP, Secretary and General Counsel Gregory Saunders. While PDN searches for a new CEO, the company will be managed by an operating committee of the board with consultant and founding member of PDN Donald Hoscheit. PDN Chairman Ronald Ziegler (president of the National Association of Chain Drug Stores) said in the PDN press release that "the board of directors continues to emphasize the tremendous potential of PDN and intends to move forward aggressively"...