Fred’s Pharmacy Appoints Jason Jenne Chief Financial Officer
Brings to the Role More than Two Decades of Financial, Operating and Business Management Expertise
Will Support Fred’s Pharmacy’s Healthcare Transformation
Mr. Jenne joined Fred’s Pharmacy in
In addition to leading financial and risk management across the Company, Mr. Jenne will be responsible for ensuring that the finance organization enables Fred’s Pharmacy to successfully execute its healthcare transformation and capitalize on the significant market opportunities ahead. These responsibilities include oversight of cash flow, SG&A management and capital allocation strategy. In addition to his financial and operational acumen, Mr. Jenne has demonstrated a unique ability to navigate a complex and competitive business environment, as well as manage a transformation within the constantly evolving retail and healthcare industries.
“Jason’s leadership experience and in-depth knowledge of finance and
operations ideally qualify him to be the next Chief Financial Officer of
Fred’s Pharmacy,” said
“I am excited to have the opportunity to lead Fred’s Pharmacy’s financial team at this important stage in the Company's transformation,” said Mr. Jenne. “Fred’s is a company with significant growth potential and a strong team in place to drive shareholder value. I look forward to continuing to work closely with Mike and the rest of the senior leadership to accelerate the execution of the Company’s business plan.”
Mr. Bloom continued, “I want to thank Rick for his contributions to Fred’s Pharmacy and for his commitment to facilitating a seamless transition. We wish him all the best in his future endeavors.”
Prior to joining Fred’s Pharmacy, Mr. Jenne was Chief Executive Officer
and President of
About Fred’s Pharmacy
Tracing its history back to an original store in
For more information about the Company, visit Fred’s website at www.fredsinc.com.
Source: Fred’s, Inc.
Joele Frank, Wilkinson Brimmer Katcher
Ed Trissel / Dan Moore, 212-355-4449