Shoppers Drug names new CEO

Mon Oct 3, 2011 5:12pm EDT
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(Reuters) - Shoppers Drug Mart Corp SC.TO, Canada's biggest drugstore chain, said Domenic Pilla has been appointed its president and chief executive, effective November 1.

Shoppers Drug was without a permanent CEO since Jurgen Schreiber left in February.

Pilla was most recently president of McKesson Canada, the Canadian unit of pharmaceutical wholesaler McKesson Corp (MCK.N: Quote).

Shares of Ontario-based Shoppers Drug closed at C$40.14 on Monday on the Toronto Stock Exchange.

(Reporting by Maneesha Tiwari in Bangalore; Editing by Maju Samuel)

<p>A sign is pictured outside a Shoppers Drug Mart in Ottawa November 10, 2010. REUTERS/Chris Wattie</p>