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Schreiber picked to lead Rexall

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EDMONTON, Alberta — Rexall announced late last month that Jürgen Schreiber is returning to Canada to lead Rexall Health, the new banner for the Katz Group’s retail pharmacy and other health-related businesses.

Rexall announced late last month that Jürgen Schreiber is returning to Canada to lead Rexall Health, the new banner for the Katz Group’s retail pharmacy and other health-related businesses.

Schreiber is a former chief executive officer at Shoppers Drug Mart. He left Canada’s largest pharmacy chain after a four-year stint in 2011 to become president and CEO of Edcon, the largest nonfood retailer in South Africa.

"Jürgen has been a consultant to our health-related businesses for the past two years as a member of our advisory board. We know firsthand that he brings world-class expertise, deep knowledge of the Canadian health and pharmacy sector, and a track record of success," said Daryl Katz, founder and chairman of Katz Group, which is based here.

Schreiber assumes his new position on August 1. He will head three independently operated businesses under the Rexall Health umbrella: the Rexall/Rexall Pharma Plus drug chain, which has more than 460 locations in central and western Canada; Medicentres Canada, a group of family health care clinics serving the Alberta communities of Edmonton, Calgary, London and Windsor; and Claimsecure Inc., which provides value-added health benefit claims management and plan administrative services to Canadian companies and other health plan sponsors.

Meanwhile, Rexall/Katz Group Canada Ltd. has announced that Sharon Driscoll, its executive vice president and CEO, is leaving to join industrial equipment auctioneer Ritchie Bros.

"We are excited to welcome Sharon, a highly accomplished CFO, to Ritchie Bros.," said Ravi Saligram, the company’s CEO. "Sharon’s business acumen, strategic thinking capabilities, M&A expertise and significant experience at capital allocation at multi-unit businesses will make her an outstanding business partner in our journey to execute the strategic plan and deliver the evergreen financial model over the long term."

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