August 30, 2016 10:33 AM ET

Food and Staples Retailing

Company Overview of Katz Group Pharmacies Inc.

Company Overview

Katz Group Pharmacies Inc. owns and operates drugstores and mail-order pharmacies in Canada. It offers drugs, natural health products, naturopathy and homeopathy products, beauty products, and daily living products. The company also offers infusion therapy, long term care, clinical care, pandemic prescription, complex medication management, and online prescription refill services. In addition, it offers photo printing services on custom cards, summer gear, art, and custom books. The company was founded in 1990 and is based in Edmonton, Canada. Katz Group Pharmacies Inc. operates as a subsidiary of Katz Group of Companies.

1702 Bell Tower

10104-103 Avenue

Edmonton, AB T5J 0H8

Canada

Founded in 1990

Phone:

780-990-0505

Fax:

780-702-0647

Key Executives for Katz Group Pharmacies Inc.

Founder and Chairman
Chief Executive Officer of Rexall Health
Age: 54
Executive Vice-President of Katz Group North America and General Counsel of Katz Group North America
Chief Financial Officer of Katz Group North America and Executive Vice President of Katz Group North America
Executive Vice President of Sports & Entertainment
Compensation as of Fiscal Year 2016.

Katz Group Pharmacies Inc. Key Developments

Rexall Health May Reportedly See Change In Ownership

Rexall Health may be sold. According to the news report, the company may see an ownership change either through being acquired by a competitor or getting listed. Current owner Katz Group Pharmacies Inc. (Katz Group) is focused on value creation and therefore would be open to deals that maximize its return. The news report mentioned that Empire Company Limited (TSX:EMP.A) can be the most likely buyer.

Katz Group Appoints Jürgen Schreiber as CEO for Rexall Health

Katz Group announced 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. Schreiber is a highly accomplished executive with deep experience in the global retail pharmacy, health and beauty sectors. Prior to joining Katz Group, Schreiber served for four years as President and CEO of Edcon Group.

Katz Group Announces Two Senior Executive Appointments

Katz Group announced the appointments of Glen B. Scott, Q.C. Senior Vice President, Real Estate. Mr. Scott brings with him 28 years of experience from Brownlee LLP in Calgary, where he led the firm's Municipal Government and Commercial Real Estate and Development teams. In his role with the company in the Chairman's Office, Mr. Scott will report to Daryl Katz and be responsible for acquisition, development and management of real estate through Katz Group Properties Inc. This will include developments within the Edmonton Arena District. Mr. Scott will also be responsible for the company's government relations and provide oversight to Medicentres and accessible health care services to individuals and families throughout Edmonton, Calgary, Windsor, and London. The company appointed Brad Gilewich, C.A. Senior Vice President, Corporate Affairs. Mr. Gilewich is a Chartered Accountant and has over 20 years of experience in advising private companies, including five years as Partner at PwC LLP until 2011 when he joined Katz Group. In his role with the company in the Chairman's Office, Mr. Gilewich will report to Daryl Katz and is responsible for corporate investment across the organization, which includes financial review and liaising with operational leaders in the pharmacy, real estate, and sports & entertainment divisions. Based in Edmonton, Mr. Gilewich will also maintain a project oversight role for the Edmonton Arena District.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 2, 2016
Rexall Pharma Plus Ltd.
 

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