AB Acquisition, which owns Albertson's LLC, New Albertson's, Inc., and Safeway has announced that Mark Panzer is the company's new senior VP of pharmacy, health and wellness, effective immediately, taking responsibility for 1,760 pharmacies in 34 states across the United States. He replaces Darren Singer, who has left the company.
Panzer has 40 years of experience in the retail industry, having started his career at Osco Drug stores. After moving through several regional sales, marketing and operations roles, he served as district manager and director, as well as VP of sales and marketing at American Drug Stores. He was then named senior VP of sales and marketing for Albertsons after its merger with American Stores in 1999. Two years later, he left to be executive VP of store operations for Rite Aid, and was named senior executive VP and chief marketing officer for the retailer before leaving in 2008 to become president and CEO of Pharmaca Integrative Pharmacy.
"Mark understands and appreciates the entrepreneurial spirit that embodies how we go to market across our divisions, and we're thrilled that he's chosen to come back to our team," said Shane Sampson, chief marketing and merchandising officer for Albertsons, in a statement. "Early on in his career, Mark was part of the team that helped define what great customer service meant for pharmacy operations in a grocery company. Moreover, he has proven himself to be an extraordinary leader throughout his career and is well respected throughout the industry. His extensive retail, sales, and marketing experience will be invaluable to our pharmacy team as we move forward with our goal to be the favorite local supermarket for our customers and employees." Press release