Neighbourly Appoints Pharmacy Industry Veteran Skip Bourdo as CEO

Chris Gardner to stage into Strategic Advisor purpose soon after 5 many years of excellent leadership

TORONTO, Jan. 24, 2023 /CNW/ – Neighbourly Pharmacy Inc. (TSX: NBLY) (“Neighbourly” or the “Firm“), announces today the appointment of Skip Bourdo as Chief Government Officer.  Chris Gardner has decided to move down as CEO and will carry on to support the Company in a Strategic Advisor part.

Neighbourly Pharmacy Logo (CNW Group/Neighbourly Pharmacy Inc.)

Neighbourly Pharmacy Logo (CNW Group/Neighbourly Pharmacy Inc.)

Skip Bourdo is an accomplished pharmacy and healthcare government with 30 several years of marketplace expertise. Mr. Bourdo experienced a effective 27-year vocation at Walgreens, just one of North America’s greatest pharmacy chains, starting off as a cashier, then keep supervisor, and developing in positions of at any time-rising obligation, which include integration and enterprise transformation roles, and culminating as Group Vice President, Pharmacy and Retail Discipline Operations for Walgreens’ Western operations, exactly where he oversaw a network masking 4,700 retail, wellness procedure and specialty pharmacy areas, generating around $46 billion in income, and utilizing in excess of 120,000 group users in 29 states, Puerto Rico and the U.S. Virgin Islands, serving virtually 4 million consumers and patients just about every working day.

A lot more recently, Mr. Bourdo was Main Operating Officer of Athletico, a fast expanding, leading supplier of orthopedic rehabilitation companies across the United States. In the course of his tenure at Athletico, Mr. Bourdo was liable for bringing operational excellence, composition, and scale abilities to Athletico’s clinic operations, which nearly doubled their retail footprint to 950+ places above the system of two a long time.

“We are thrilled to welcome Skip Bourdo to Neighbourly,” stated Stuart M. Elman, Chair of Neighbourly’s Board of Directors. “Skip is a seasoned pharmacy and healthcare chief with a wealth of operational and M&A practical experience.  Skip’s outstanding observe file of driving development, profitability and operational excellence will be significant as Neighbourly carries on on its expansion trajectory,” concluded Mr. Elman.

Mr. Bourdo stated, “I am honoured and amazingly psyched to get on the CEO position and direct Neighbourly by its future section of expansion. I search ahead to continuing Neighbourly’s concentrate on growing its network of unbiased pharmacies, when driving the wellbeing and profitability of the small business and continuing to guidance the well being needs of the communities we serve every working day across Canada.”

The appointment of Skip Bourdo follows a demanding lookup method, which thought of substantial excellent candidates from Canada and the Usa.

Chris Gardner carries on to be fully commited to the success and development of the Corporation and will continue to be with Neighbourly as a Strategic Advisor, supporting Mr. Bourdo and the Board of Administrators about the future twelve months, which include continuing to execute on the Firm’s sturdy acquisition pipeline. Mr. Gardner joined Neighbourly in 2017 and turned CEO in February 2019 leading the Firm’s quick development – driving a practically 5-fold maximize from 61 areas to 284 areas coastline to coast, as well as its general public offering in 2021.

“On behalf of myself and the Board, I’d like to thank Chris for his management and important contribution to Neighbourly’s accomplishment in excess of the previous 5 years. Chris joined the Corporation all through the early phases of the organization’s historical past and led Neighbourly by means of a period of exponential advancement. Below Chris’ management, the Enterprise was acknowledged as the Swiftest Increasing Business in Canada in 2020 by the World and Mail and one particular of Canada’s Most effective Managed Providers by Deloitte for the past 2 consecutive years. We are grateful to depend on Chris’ ongoing help as a Strategic Advisor,” mentioned Mr. Elman.

Chris Gardner mentioned, “I am very happy of Neighbourly’s success about the earlier 5 many years, and I glimpse forward to supporting Skip and the Board of Administrators by means of this up coming phase of our development.” Chris Gardner added, “I am enthusiastic to welcome a chief of Skip’s caliber and encounter to Neighbourly and glance ahead to supporting him as he leads this excellent corporation to new heights.”

About Neighbourly Pharmacy Inc.

Neighbourly is Canada’s greatest and fastest growing network of group pharmacies. United by their client 1st emphasis and their part as essential and trustworthy health care hubs within their communities, Neighbourly’s pharmacies try to give accessible healthcare with a personal touch. Considering the fact that 2015, Neighbourly has expanded its diversified national footprint to include things like 284 destinations, reinforcing the Firm’s name as the industry’s acquirer of option.

Supply Neighbourly Pharmacy Inc.

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