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CVS Caremark's Howard McLure Elected New PCMA Board Chairman
Date:10/29/2007

DANA POINT, Calif., Oct. 29 /PRNewswire-USNewswire/ -- Howard A. McLure, President of Caremark Pharmacy Services, a division of CVS Caremark was elected Chairman of the Pharmaceutical Care Management Association's (PCMA) Board of Directors, the association announced today. In addition to becoming the new Board Chairman, Mr. McLure was also a keynote speaker at PCMA's Annual Meeting, a two-day event which features health care leaders discussing the latest industry trends and information.

"As the new Chairman of the Board for PCMA, we are excited to have Howard McLure's leadership on the important pharmacy issues we face as an industry both currently and looking down the road," said PCMA President and CEO Mark Merritt. "Howard will continue the progress we've achieved during the past year under the stewardship of outgoing PCMA Board Chairman, George Paz, Chairman, President and CEO of Express Scripts, Inc."

In his address at PCMA's Annual Meeting, Mr. McLure called on the association to continue working collaboratively to demonstrate industry value.

"Whether you are here today representing a PBM company, a health plan, an employer group, a drug manufacturer, or some other constituency, we all are linked by one common denominator: the desire for improved outcomes-both financial and clinical-for our customers, their beneficiaries and other stakeholders, where pharmacy services are concerned," said Mr. McLure. "I view this association as an arbiter of sound and responsible policies that move us all closer to achieving that shared goal."

Caremark Pharmacy Services is the pharmacy benefit management, mail order and specialty pharmacy division of CVS Caremark, the largest provider of prescriptions and related healthcare services in the nation. Prior to his current role, Mr. McLure was Senior Executive Vice President and Chief Operating Officer of Caremark Rx, Inc. from June 2005 until the closing of the CVS Caremark merger, when he became President of Caremark Pharmacy Services.

Previously, he served as Executive Vice President and Chief Financial Officer of Caremark from May 2000 until June 2005. Mr. McLure joined Caremark as Senior Vice President and Chief Accounting Officer in June 1998 and is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants.

PCMA is the national association representing America's pharmacy benefit managers (PBMs), which administer prescription drug plans for more than 210 million Americans with health coverage provided through Fortune 500 employers, health insurance plans, labor unions, and Medicare Part D.


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SOURCE Pharmaceutical Care Management Association
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