Thomas M. Ryan
|Alma mater||University of Rhode Island|
Thomas M. Ryan is an American businessperson.He served as the president and chief executive officer of CVS/Caremark Corporation from 1998 to 2011.
The United States of America (USA), commonly known as the United States or America, is a country comprising 50 states, a federal district, five major self-governing territories, and various possessions. At 3.8 million square miles, the United States is the world's third or fourth largest country by total area and is slightly smaller than the entire continent of Europe's 3.9 million square miles. With a population of over 327 million people, the U.S. is the third most populous country. The capital is Washington, D.C., and the most populous city is New York City. Forty-eight states and the capital's federal district are contiguous in North America between Canada and Mexico. The State of Alaska is in the northwest corner of North America, bordered by Canada to the east and across the Bering Strait from Russia to the west. The State of Hawaii is an archipelago in the mid-Pacific Ocean. The U.S. territories are scattered about the Pacific Ocean and the Caribbean Sea, stretching across nine official time zones. The extremely diverse geography, climate, and wildlife of the United States make it one of the world's 17 megadiverse countries.
The President is a leader of an organization, company, community, club, trade union, university or other group. The relationship between the president and the Chief Executive Officer varies, depending on the structure of the specific organization. In a similar vein to the Chief Operating Officer, the title of corporate President as a separate position is also loosely defined; the President is usually the legally recognized highest rank of corporate officer, ranking above the various Vice Presidents, but on its own generally considered subordinate, in practice, to the CEO. The powers of the president vary widely across organizations and such powers come from specific authorization in the bylaws like Robert's Rules of Order.
The chief executive officer (CEO) or just chief executive (CE), is the most senior corporate, executive, or administrative officer in charge of managing an organization – especially an independent legal entity such as a company or nonprofit institution. CEOs lead a range of organizations, including public and private corporations, non-profit organizations and even some government organizations. The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the entity, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, such as reducing poverty, increasing literacy, etc.
He received a degree in Pharmacy from the University of Rhode Island.
The University of Rhode Island, commonly referred to as URI, is the flagship public research as well as the land grant and sea grant university for the state of Rhode Island. Its main campus is located in the village of Kingston in southern Rhode Island. Additionally, smaller campuses include the Feinstein Campus in Providence, the Rhode Island Nursing Education Center in Providence, the Narragansett Bay Campus in Narragansett, and the W. Alton Jones Campus in West Greenwich.
He began working for CVS in 1978 as an in-store pharmacist.He served as its CEO from 1998 to 2011. While CEO of CVS Caremark in 2009, he earned a total compensation of $16,231,292, which included a base salary of $1,400,000, a cash bonus of $3,512,526, stocks granted of $6,425,007, and options granted of $4,625,000.
He has sat on the boards of the Melville Corporation, Ryanair, TriCon Global Restaurants, Reebok, FleetBoston Financial, the Citizens Bank Of Rhode Island. He now serves on the board of directors of Bank of America, Yum! Brands, Five Below, Vantiv.He is an operating partner of Advent International.
Melville Corporation, formerly based in Rye, New York, was a large retail holding company incorporated by Ward Melville in 1922 from Melville Shoe Company. It became CVS Corporation in 1996 under a massive reorganization plan. The company traded on the New York Stock Exchange (NYSE) under the ticker MES, before changing its ticker to CVS.
RyanairDAC is an Irish low-cost airline founded in 1984, headquartered in Swords, Dublin, Ireland, with its primary operational bases at Dublin and London Stansted airports. It forms the largest part of the Ryanair Holdings family of airlines, and has Ryanair UK, Ryanair Sun and Lauda as sister airlines. In 2016, Ryanair was the largest European budget airline by scheduled passengers flown, and carried more international passengers than any other airline.
Reebok is an English footwear and apparel company, subsidiary of German sportsgiant Adidas since 2005. Reebok produces and distributes fitness, running and CrossFit sportswear including clothing and footwear. It is the official footwear and apparel sponsor for Ultimate Fighting Championship (UFC), CrossFit, and Spartan Race.
He sits on the board of trustees of his alma mater, the University of Rhode Island.The 7,657-seat Ryan Center arena on the campus of the University of Rhode Island is named for Ryan, who was the arena's principal donor. In November 2013, Ryan and his wife Cathy donated $15 million to URI, establishing the George & Anne Ryan Institute for Neuroscience. The Ryan Institute focuses on research, translational medicine, and community outreach related to neurodegenerative diseases such as Alzheimer's disease and Parkinson's disease. It complements the university's Interdisciplinary Neuroscience Program (INP), which offers M.S. and Ph.D. degrees in Neuroscience.
Ryan Center is a 7,657-seat multi-purpose arena in Kingston, Rhode Island. The arena opened as a replacement for Keaney Gymnasium, which was built in 1953 for the needs of a much smaller student population at URI. It is home to the University of Rhode Island Rams basketball. The building is named for Thomas M. Ryan, Class of 1975, former CEO of Rhode Island-based CVS Pharmacy and lead benefactor of the arena.
Alzheimer's disease (AD), also referred to simply as Alzheimer's, is a chronic neurodegenerative disease that usually starts slowly and gradually worsens over time. It is the cause of 60–70% of cases of dementia. The most common early symptom is difficulty in remembering recent events. As the disease advances, symptoms can include problems with language, disorientation, mood swings, loss of motivation, not managing self care, and behavioural issues. As a person's condition declines, they often withdraw from family and society. Gradually, bodily functions are lost, ultimately leading to death. Although the speed of progression can vary, the typical life expectancy following diagnosis is three to nine years.
Parkinson's disease (PD) is a long-term degenerative disorder of the central nervous system that mainly affects the motor system. As the disease worsens, non-motor symptoms become more common. The symptoms usually emerge slowly. Early in the disease, the most obvious symptoms are shaking, rigidity, slowness of movement, and difficulty with walking. Thinking and behavioral problems may also occur. Dementia becomes common in the advanced stages of the disease. Depression and anxiety are also common, occurring in more than a third of people with PD. Other symptoms include sensory, sleep, and emotional problems. The main motor symptoms are collectively called "parkinsonism", or a "parkinsonian syndrome".
Charles Otis "Chad" Holliday, Jr. is an American businessman, former chairman of Bank of America and former chairman, former chief executive officer and a former director of E. I. du Pont de Nemours and Company (DuPont). He is chairman emeritus of the U.S. Council on Competitiveness and chairman of the Business Roundtable's Task Force for Environment, Technology and Economy. Holliday is also a founding member of the International Business Council and serves on the board of advisors of the Nicholas Institute for Environmental Policy Solutions.
CVS Pharmacy is a subsidiary of the American retail and health care company CVS Health, headquartered in Woonsocket, Rhode Island. It was also known as, and originally named, the Consumer Value Store and was founded in Lowell, Massachusetts, in 1963. The chain was owned by its original holding company Melville Corporation since its inception until its current parent company was spun off into its own company in 1996. CVS Pharmacy is currently the largest pharmacy chain in the United States by number of locations and total prescription revenue. Its parent company ranks as the 7th largest U.S. corporation by FY2017 revenues in the Fortune 500. The parent company of CVS Pharmacy's leading competitor (Walgreens) ranked 19th for the same time period.
Lincoln Carter Almond is an American attorney, politician and member of the Republican Party. Almond served as United States Attorney for the District of Rhode Island from 1969 to 1978 and 1981 to 1993 and later the 72nd Governor of Rhode Island, serving from 1995 to 2003.
John Thomas Chambers is the former executive chairman and CEO of Cisco Systems.
CVS Caremark is the prescription benefit management subsidiary of CVS Health, headquartered in Woonsocket, Rhode Island.
The CVS Health Charity Classic is a professional golf tournament. It is contested annually as a one-day, three-person team event. Each team is made up of one player from each of three Tours: PGA Tour, PGA Tour Champions, and LPGA Tour. The top two scores at each hole for the team count towards the team's final score.
In the United States, a pharmacy benefit manager (PBM) is a third-party administrator of prescription drug programs for commercial health plans, self-insured employer plans, Medicare Part D plans, the Federal Employees Health Benefits Program, and state government employee plans. According to the American Pharmacists Association, "PBMs are primarily responsible for developing and maintaining the formulary, contracting with pharmacies, negotiating discounts and rebates with drug manufacturers, and processing and paying prescription drug claims. For the most part, they work with self-insured companies and government programs striving to maintain or reduce the pharmacy expenditures of the plan while concurrently trying to improve health care outcomes." PBMs operate inside of integrated healthcare systems, as part of retail pharmacies, and as part of insurance companies.
John P. Surma is an American businessman. He was the executive chairman of the board of United States Steel Corporation. Surma retired as CEO of U.S. Steel effective September 1, 2013, and Chairman effective January 1, 2014, positions he held since 2004.
CVS Health Corporation is an American retail pharmacy and Pharmacy Benefit Manager headquartered in Woonsocket, Rhode Island. Consumer Value Stores (CVS) began in 1963 with three partners, brothers Stanley and Sidney Goldstein and partner Ralph Hoagland, who grew the venture from a parent company, Mark Steven, Inc., that helped retailers manage their health and beauty aid product lines. The business began as a chain of health and beauty aid stores, but within several years, pharmacies were added. To facilitate growth and expansion, the company joined The Melville Corporation, which managed a string of retail businesses. Following a period of growth in the 1980s and 1990s, CVS Corporation spun off from Melville in 1996, becoming a standalone company trading on the New York Stock Exchange as CVS.
Michael D. Fascitelli is an American businessman. He is a member of the Vornado Realty Trust board of trustees and former CEO and president of the company before stepping down from day-to-day responsibilities on February 26, 2013. He is a co-owner of the Milwaukee Bucks, and in 2017 founded a $500 million SPAC, Landscape Acquisitions, with Noam Gottesman where they both serve as co-chairman. Since stepping back from day-to-day responsibilities at Vornado, Fascitelli has formed MDF Capital, a family-office investment firm, Landscape Acquisitions, a hospitality and real estate focused SPAC, and Imperial Companies, a real estate investment firm. He also serves as the Head of the Investment Committee and on the board for the real estate technology startup, Cadre, in which he was an angel investor. The company was founded by Jared and Josh Kushner, along with CEO Ryan Williams and has been backed by George Soros, Jack Ma, Peter Thiel and other high-profile investors.
Michael Alan Rice, is an American professor of fisheries and aquaculture at the University of Rhode Island and former state representative from South Kingstown, Rhode Island. A Democrat, he served in the Rhode Island House of Representatives, representing the 35th district, encompassing the village of Kingston and West Kingston, and parts of the neighborhoods of Tuckertown, Wakefield and Peace Dale. Rice was first elected in November 4, 2008 and served from January 6, 2009 to January 4, 2011.
John A. Luke Jr. is an American businessman. He serves as Chairman and CEO of the MeadWestvaco Corporation.
Marshall O. Larsen is an American businessman. He served as the Chief Executive Officer, President, and Chairman of the Board of Goodrich Corporation from 2003 until its acquisition by United Technologies Corporation (UTC) in 2012. He now sits on the Board of Directors of UTC.
William "Bill" R. Klesse is the former Chairman of the Board for Valero Energy Corporation. He served as Chief Executive Officer from December 31, 2005 to April 30, 2014, and President from January 17, 2008 to December 31, 2012. He previously held positions with Valero as Vice Chairman of the Board, Executive Vice President, and Chief Operating Officer. Prior to that time, he was the Chief Operating Officer of Valero Energy Corp. from January 2003 to January 3, 2006. Before these roles, he served as Executive Vice President-Refining and Commercial Operations, from Valero's acquisition of Ultramar Diamond Shamrock Corporation (UDS) in 2001. Klesse has been employed with Valero and its predecessor companies for 40 years.
Alexander 'Sandy' Cutler is the former chairman and chief executive officer of Eaton Corporation, retiring on May 31, 2016 after a 41-year career with the company. Prior to his appointment as chairman and CEO, Cutler served as Eaton’s president and chief operating officer.
Walter James "Jim" McNerney Jr. is a business executive who was chairman of The Boeing Company until March 1, 2016. He previously served as President and CEO of the company until July 2015.
Guillaume Henry de Ramel is a Rhode Island investor, philanthropist, and politician. He has run for the Democratic nomination for Secretary of State of Rhode Island twice, receiving 47% of the vote in 2006, losing to then North Providence Mayor, A. Ralph Mollis, and 49% of the vote in 2014, losing to executive director of HousingWorks RI Nellie Gorbea.
Larry Merlo is the President and CEO of CVS Health.