Jun 12, 2017

Smith Drug Company Names New Vice President, Finance

Lena Jouran to lead finance team
Smith Drug Company (SDC) has announced that Lena Jouran has joined the company as Divisional Vice President, Finance. She will support both Smith Drug Company and Burlington Drug Company in her new role. Jouran replaces Kyle Waltz, who has accepted the position of Vice President Corporate Controller at the J M Smith Corporation.
“Lena brings with her an extensive background in managing the finance complexities of the pharmacy supply chain,” said Jeff Foreman, RPh, President, Smith Drug Company. “We are excited to have her join the team and expect she will be a tremendous asset to our organization.”
Jouran comes to Smith Drug Company from Walgreens, where she was the Finance Director, Pharmacy Procurement, Supply Chain and Rx Insights. In that role, she led a team responsible for supporting two business units with more than $40B in annual purchases and $4B of inventory under management. She collaborated closely with the Walgreens Global Procurement Organization to maximize vendor negotiations.
“I’m excited about the opportunity to come to Smith Drug Company,” said Jouran. “The leadership team is implementing strategies designed to help them, and their customers, achieve great things. I am looking forward to applying my industry knowledge and experience to the challenges of this competitive industry.”
“Lena’s knowledge of the pharmacy industry, especially the procurement and supply chains, is impressive,” said Foreman. “I am confident everyone on our team, including suppliers and customers, will appreciate working with her.”
A graduate of DePaul University in Chicago with a BS in Finance, Jouran has held leadership positions with PepsiAmericas, Inc. and ConAgra Foods prior to joining Walgreens. She is looking forward to moving to Spartanburg and joining the Smith Drug Company team.
About Smith Drug Company
Smith Drug Company (www.smithdrug.com) is the original division of J M Smith Corporation, and one of America’s premier wholesale drug distributors. Launched in 1944, the division serves pharmacies in 23 states, the District of Columbia and the US Virgin Islands through distribution centers in Spartanburg; Paragould, AR; and Valdosta, GA.
Burlington Drug Company has been operating in the Burlington, Vermont area for 125 years, serving independent community pharmacies and long-term care facilities across New England, New York, and Pennsylvania with a full array of products and services designed to help community pharmacies better their patients.
South Carolina’s third-largest privately owned company, the J M Smith Corporation is headquartered in Spartanburg and operates through multiple business units: Smith Drug Company, QS/1, Integral Solutions Group, RxMedic Systems, Inc., Integra LTC Solutions, LLC and Burlington Drug Company. 

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