John Standley Elected Chairman of NACDS
Rite Aid Chairman and CEO John Standley was recently elected chairman of the Board of the National Association of Chain Drug Stores (NACDS), an industry organization that includes over 800 supplier partners and 125 chains that operate more than 40,000 pharmacies.
NACDS focuses on advocating for pro-patient and pro-pharmacy public policy, communicating the value of community pharmacy and fostering collaboration among industry stakeholders. As the NACDS chairman of the board, Standley is taking on a key leadership role within an organization dedicated to advancing the chain community pharmacy industry.
“It’s a tremendous honor for me to serve as your chairman, especially as we enter such a critical time for our industry,” Standley told NACDS members on April 29 during the association’s annual meeting. “I look forward to working with all of you to advance the causes of NACDS and support chain pharmacies in meeting the changing demands of the health care marketplace.”
Standley said health care delivery is undergoing “historic change,” which is placing unprecedented demands on chain pharmacies while presenting enormous opportunities to grow.
“We’re supporting the health of our patients in more ways than ever before, but I think we can all agree that there’s more we can do, both in terms of the services we provide and the front-end products we offer,” Standley said. “When you step back and consider the big picture, we have a once-in-a-lifetime opportunity to help solve perhaps the biggest domestic issue our country is facing, and that’s an affordable and sustainable health care system.”
To help advance these efforts, Standley said that NACDS is “leading the way in educating policymakers about the expanded role of community pharmacy and making sure that our voice is heard during key policy debates.”
He also lauded the efforts of NACDS to advocate for fair Medicaid pharmacy reimbursement, for “provider status” for pharmacists and for improved access to medication therapy management services, among other issues.
Standley also took some time during his remarks to continue “a time-honored tradition here at NACDS – it’s the one in which the new chairman gets to show off his company!”
He explained how programs like Rite Aid Health Alliance and the company’s Wellness store initiative help illustrate the health and wellness transformation that is taking place throughout the industry. Standley also took time to thank the Rite Aid team for their hard work and dedication.
“I am tremendously proud of what our team has accomplished over the past five years,” Standley said. “And because of their passion, dedication and determination, I am excited to continue our journey in transforming Rite Aid into a growing retail health care company.”