Hy-Vee Inc. Board Chairman, CEO and President Randy Edeker was elected chairman of the board for the National Association of Chain Drug Stores (NACDS) at the trade organization’s annual meeting in Florida last week.
As chairman of the board, Edeker will work with the NACDS board of directors, the organization’s officers and executive committee members to develop NACDS’ policies and priorities and will help carry out the organization’s mission. The mission of NACDS is to advance the interests and objectives of the chain community pharmacy industry, by fostering its growth and promoting its role as a provider of healthcare services and consumer products.
Edeker says he is honored to serve NACDS in this evolutionary time in the industry.
“Coming together as an industry to better understand consumers’ ever-evolving healthcare needs and how to respond to those changes is extremely important,” Edeker said. “I look forward to working with NACDS members and the board of directors to help guide the industry on key issues and policies.”
In forecasting what lies ahead for NACDS over the next 12 months, Edeker described 10 perspectives on the state of “ever-evolving healthcare.” These include ongoing changes related to: Medicaid; healthcare delivery; attitudes and expectations of care; specialty pharmacy; quality measurements; technology and patient-managed health; Millennial trends; cyber security; growing collaboration among companies through NACDS; and government and political involvement.
Edeker will serve a one-year term as the chairman of the board. He first joined the board in 2013 and, in 2014, Edeker served as the NACDS treasurer of the board. Edeker succeeded John Standley, chairman and CEO of Rite Aid Corp.
During his first address as chairman of the board on April 27, Edeker announced that Hy-Vee will be contributing $100,000 to the NACDS Foundation to support research to advance public health.
West Des Moines, Iowa-based Hy-Vee is employee owned and operates more than 235 retail stores across eight midwestern states.