NU Online News Service, March 21, 2003, 12:51 p.m. EST – Medco Health Solutions Inc., Franklin Lakes, N.J., has hired David Snow Jr. to be its president and chief executive officer.
Medco, a pharmacy benefits manager, is a unit of Merck & Company Inc., Whitehouse Station, N.J. Merck has announced plans to turn Medco into a separate company sometime this year.
Snow will succeed Richard Clark, who will keep the position of chairman of Medco during a transition period, Medco says.