Pharma Logistics Appoints Healthcare Industry Veteran David A. Hargraves as CEO to Lead Next Phase of Growth, Founder, President and CEO Transitions to Board Member Role
January 23, 2024 at 07:35 am EST
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LIBERTYVILLE - Pharma Logistics (www.pharmalogistics.com), a leader in the pharmaceutical compliance and reverse distribution industry, welcomes David A. Hargraves as its new Chief Executive Officer, effective today.
After having led Pharma Logistics through its growth over its 27-year history, Michael Zaccaro, its Founder, President & CEO, steps into a new role as a Board Member.
David A. Hargraves joins Pharma Logistics with over 25 years of leadership experience and more than 18 years dedicated to healthcare supply chain management. Previously serving as the Senior Vice President of Supply Chain at Premier Inc., David has a proven track record of successfully navigating complex business landscapes and delivering results. Prior to Premier, David served as Vice President of Clinical Supply Chain at UPMC.
'Our industry is at a pivotal juncture, poised for growth but grappling with challenges that demand bold solutions,' said Zaccaro. 'As the industry faces the imperative for more capacity and enhanced resiliency, it is abundantly clear that Pharma Logistics needs a leader who will continue to deliver value for its clients, and expand its service offering with innovative solutions. This is precisely what David brings to the table.'
'As we embark on this next phase of growth, I intend to carry forward Mike's spirit of entrepreneurship, devotion to excellence, and dedication to delivering value to our customers while upholding the highest ethical and regulatory standards. Together, we embark on a journey of transformative change, navigating challenges, seizing on untapped opportunities, and delivering exceptional service with innovative solutions for our current and future customers,' said Hargraves.
Pharma Logistics is poised to embrace a future characterized by innovation and expansion while continuing to serve as the compliance experts customers can trust.
About Pharma Logistics
Pharma Logistics is a leader in the pharmaceutical compliance and reverse distribution industry with a state-of-the-art facility based in Libertyville, IL. Dedicated to client-focused service, the Company's mission is to ease the burden on and deliver outsized returns to its clients. Its superior service has earned the trust of a broad range of clients across multiple customer segments. Compliance is at the forefront of the Pharma Logistics' business model, aligning with the broader industry goal of enhancing healthcare affordability and ensuring the compliant handling of pharmaceuticals.
Premier, Inc. is a healthcare improvement company uniting an alliance of approximately 4,350 United States hospitals and health systems and approximately 300,000 other providers and organizations. It operates through two segments: Supply Chain Services and Performance Services. The Supply Chain Services segment includes the Companyâs group purchasing organizations (GPO), supply chain co-management, purchased services, and direct sourcing activities. The Performance Services segment consists of three sub-brands, which include PINC AI, the Companyâs technology and services platform; Contigo Health, the Companyâs direct-to-employer business; and Remitra, the Companyâs digital invoicing and payables business. It delivers technology-enabled platform that offers critical supply chain services, clinical, financial, operational and value-based care software as a service (SaaS) as well as clinical and enterprise analytics licenses, consulting services, and third-party administrator services.
Pharma Logistics Appoints Healthcare Industry Veteran David A. Hargraves as CEO to Lead Next Phase of Growth, Founder, President and CEO Transitions to Board Member Role