Omnicare (OCR) Announces Intention of CFO to Retire by End of 2009
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Omnicare, Inc. (NYSE: OCR) announced that David W. Froesel, Jr., Senior Vice President and Chief Financial Officer, has notified the Company of his intention to retire by the end of 2009. The Company has retained an executive search firm to conduct a national search for a replacement. Mr. Froesel plans to continue in his current role until a successor is identified and will then assist in the transition.
Mr. Froesel said, "It's been an honor to work at Omnicare and to contribute to the tremendous growth this company has experienced. I take pride in what has been accomplished during my tenure and am confident that the team will continue to carry out our mission in a manner consistent with our goal of driving enhanced and sustainable value for our shareholders."
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