Rexall Announces Appointment of Sharon Driscoll as Executive Vice President and CFO

MISSISSAUGA, ON, Feb. 5, 2013 /CNW/ - Katz Group Canada Ltd., operator of the Rexall and Rexall Pharma Plus pharmacy chains, announced today the appointment of Sharon Driscoll to the position of Executive Vice President and Chief Financial Officer.

Ms. Driscoll most recently served as Senior Vice President, Finance and Chief Financial Officer for Sears Canada Inc., and brings with her more than 25 years in strategic financial leadership in the retail environment. Prior to joining Sears, Ms. Driscoll held several senior level positions at Loblaw Companies Limited, including Senior Vice President, Corporate Development.

"Sharon's more than two decades of retail leadership experience will make her a tremendous addition to the Rexall management team," said Frank Scorpiniti, Chief Executive Officer of Katz Group Canada. "Throughout her career, Sharon has demonstrated a capacity to identify strategic growth opportunities as well as the ability to achieve efficiencies and we are excited to have her continue that record of success as a member of our team."

Ms. Driscoll is a Chartered Accountant and obtained her Bachelor of Commerce with Honours from Queen's University.

Katz Group Canada Ltd. is committed to providing pharmacy care excellence in retail drug pharmacy and specialty pharmacy environments. Focused on improving the health of Canadians, its flagship national chain, Rexall, is among the most trusted names in pharmacy with a heritage of caring for the health of Canadians dating back to 1904.

SOURCE: Rexall

For further information:

Michelle Lee
P: 905.501.7894 M: 647-338-4340

Shae Greenfield
P: 905-502-5965 ext. 6133

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