The Jean Coutu Group (PJC) Inc.

The Jean Coutu Group (PJC) Inc.

January 18, 2006 12:35 ET

Brooks Eckerd Pharmacy Announces Organizational Changes

LONGUEUIL, QUEBEC--(CCNMatthews - Jan. 18, 2006) - The Jean Coutu Group (PJC), Inc. (TSX:PJC.SV.A), the fourth largest drugstore chain in North America, announces that its wholly owned subsidiary, The Jean Coutu Group (PJC) USA, Inc. ("PJC USA" or "the Company", which operates under the name Brooks Eckerd Pharmacy), proceeded today to senior marketing leadership changes.

Mr. David Morocco, currently Executive Vice President, marketing, has been appointed Executive Vice President, strategic and business initiatives. In his new position, Mr. Morocco will be responsible for driving all vendor and trade relations for both the front-end and pharmacy. In addition, he will be focusing on strategic marketing initiatives to position the organization for future market growth. He will continue to be a member of the Brooks Eckerd executive committee.

Mr. Enzo Cerra, currently Group Vice President, Mid-Atlantic region, will assume the role of Executive Vice President, marketing. In his new role, Mr. Cerra will have full accountability for all marketing, merchandising, advertising, store replenishment and purchasing. Throughout his career, he has held positions of increasing responsibility including Chief Marketing Officer at Eckerd Pharmacy. A successor for him will be named in the near future. He will be a member of the Brooks Eckerd executive committee.

Both executives will report directly to Michel Coutu, President, The Jean Coutu Group (PJC) USA, Inc.

"We are confident that the organisational changes announced today will continue to strengthen the Brooks Eckerd Pharmacy team. Enzo Cerra's deep knowledge of retail pharmacy operations and marketing will bring continued growth for the Brooks Eckerd organisation" explained Michel Coutu. "David Morocco has been an instrumental leader in the integration process of Brooks and Eckerd. His new responsibilities will accelerate the achievement of expected benefits."

In addition, Robert Pouliot, currently Senior Vice President, purchasing, will assume the role of Senior Vice President, merchandising and administration. In his new role, Mr. Pouliot will be responsible for all planogramming, merchandising systems, pricing support and the category management process.

Replacing Robert Pouliot will be Jim O'Neill, as Vice President, purchasing, general merchandise and consumables. Mr. O'Neill, a seasoned purchasing executive, joins Brooks Eckerd Pharmacy from his most recent experience with Sears Holdings Corporation, in Chicago, IL. Prior to that, he held various positions including Vice President, merchandising, at Eckerd Pharmacy. In his new role, Mr. O'Neill will be accountable for all general merchandise categories including household, seasonal, photo, and electronics as well as all consumable categories.

Both will report to Enzo Cerra. In addition, continuing to report directly to Mr. Cerra will be Doug Palmacci, Vice President, advertising, and Bill Maholm, Vice President, replenishment.

All changes are effective immediately.

On behalf of all the employees, the Jean Coutu Group's management congratulates Mr. Morocco, Mr. Cerra, Mr. Pouliot and Mr. O'Neill and wishes them continued success.

About The Jean Coutu Group

The Jean Coutu Group (PJC) Inc. is the fourth largest drugstore chain in North America and the second largest in both the eastern United States and Canada. The Company and its combined network of 2,175 corporate and franchised drugstores (under the banners of Brooks and Eckerd Pharmacy, PJC Jean Coutu, PJC Clinique and PJC Sante Beaute) employ more than 60,000 people.

The Jean Coutu Group's United States operations employ 46,000 people and comprise 1,853 corporate owned stores located in 18 states of the Northeastern, mid-Atlantic and Southeastern United States. The Jean Coutu Group's Canadian operations and franchised drugstores in its network employ over 14,000 people and comprise 322 PJC Jean Coutu franchised stores in Quebec, New Brunswick and Ontario.

Contact Information

  • Source: The Jean Coutu Group (PJC) Inc.
    Michel Coutu, President
    The Jean Coutu Group (PJC) USA
    (401) 825-3900
    Information: The Jean Coutu Group (PJC) Inc.
    Helene Bisson
    Director, Public Relations
    (450) 646-9611, ext. 1165 / 1-866-878-5206
    Michael Murray
    Director, Investor Relations
    (450) 646-9611, ext. 1068