In a widely anticipated announcement, Daryl Katz, Chairman of Katz Group, today confirmed the appointment of Jürgen Schreiber as CEO of Rexall Health, a newly-established banner under which all of Katz Group’s health-related companies will operate. Mr. Schreiber will join the company in August 2015.
Mr. Schreiber comes to Rexall from a career as something of a retail pharmacy visionary, especially during his tenure as President and CEO of Shoppers Drug Mart, during which time the chain launched its beauty concept store, Murale.
Before joining Katz Group, Schreiber served for four years as President and CEO of Edcon Group, the largest non-food retailer in South Africa, with 1,400 stores and approximately 20,000 employees across Africa. Prior to these appointments, Schreiber spent many years establishing himself as an innovative and accomplished retail and FMCG (Fast Moving Consumer Goods) executive in multi-national businesses based in Europe and Asia, operating in over 23 countries.
“Jurgen has been a consultant to our health-related businesses for the past two years as a member of our advisory board. We know first-hand that he brings world-class expertise, deep knowledge of the Canadian health and pharmacy sector, and a track record of success,” said Katz Group Founder and Chairman, Daryl Katz, in a news release. “We consider ourselves very fortunate to welcome him to the Katz Group in this new role.”
“I have great admiration for what Daryl and the team at Rexall have built, and I’m very excited by the opportunity to help grow this exceptional business,” said Mr. Schreiber in the release. “I was attracted by Rexall’s obvious strength in the Canadian market, its innovative approach of providing a broad array of health care and related services to its customers and patients, and the very significant growth opportunities in the evolving Canadian marketplace. Bringing the Katz Group’s other health-related businesses under the Rexall Health banner creates additional growth opportunities to bundle services to meet the needs of our customers.”
The newly established Rexall Health banner includes the following independently-operated businesses:
- Rexall/Rexall Pharma Plus, a leading Canadian retail pharmacy chain with a dynamic history of innovation and growth, operating under the 100 year old Rexall™ banner. The chain employs over 8,600 people at more than 460 locations across Canada;
- Medicentres Canada, a group of family health care clinics where family physicians and specialists practice in order to bring comprehensive, quality and accessible health care services to individuals and families in the communities of Edmonton, Calgary, London and Windsor; and
- Claimsecure, Inc. an industry-leading healthcare management and technology firm that has been providing customized, value added health benefit claims management and plan administrative services to Canadian corporations and other health benefit plan sponsors for over 30 years.