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Hy-Vee's Edeker Elected Chairman of the Board for National Association of Chain Drug Stores


May 1, 2015 | News & Press Releases


FOR IMMEDIATE RELEASE

WEST DES MOINES, Iowa (May 1, 2015) — Hy-Vee, Inc. Chairman of the Board, CEO and President Randy Edeker was elected chairman of the board for the National Association of Chain Drug Stores (NACDS) at the trade organization’s annual meeting in Florida earlier this week.

As chairman of the board, Edeker will work with the NACDS board of directors, the organization’s officers and executive committee members to develop NACDS’ policies and priorities and will help carry out the organization’s mission. The mission of NACDS is to advance the interests and objectives of the chain community pharmacy industry, by fostering its growth and promoting its role as a provider of healthcare services and consumer products.

Edeker said he is honored to serve NACDS in this evolutionary time in the industry.

“Coming together as an industry to better understand consumers’ ever-evolving healthcare needs and how to respond to those changes is extremely important,” Edeker said. “I look forward to working with NACDS members and the board of directors to help guide the industry on key issues and policies.”

In forecasting what lies ahead for NACDS over the next 12 months, Edeker described ten perspectives on the state of “ever-evolving healthcare.” These include ongoing changes related to: Medicaid; healthcare delivery; attitudes and expectations of care; specialty pharmacy; quality measurements; technology and patient-managed health; millennial trends; cybersecurity; growing collaboration among companies through NACDS; and government and political involvement.

Edeker will serve a one-year term as the chairman of the board. He first joined the board in 2013, and in 2014, Edeker served as the NACDS treasurer of the board. Edeker succeeded John Standley, chairman and CEO of Rite Aid Corp.

During his first address as chairman of the board on April 27, Edeker announced that Hy-Vee will be contributing $100,000 to the NACDS Foundation to support research to advance public health.

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Hy-Vee, Inc. is an employee-owned corporation operating more than 235 retail stores across eight Midwestern states with sales of $8.7 billion annually. Hy-Vee ranks among the top 25 supermarket chains and the top 50 private companies in the United States. Supermarket News, the authoritative voice of the food industry, has honored the company with a Whole Health Enterprise Award for its leadership in providing services and programs that promote a healthy lifestyle. For more information, visit www.hy-vee.com.