BNET Industries

Market Cap:$183.6M
Last Fiscal Year Sales:$445.7M
  • Public
  • US
Dow Jones Description

Like almost anything these days, your health can now be managed online! drugstore.com, inc. (NASDAQ: DSCM) is an online provider for health, beauty, sexual well-being, household and other non-prescription products and prescription medications. It offers beauty products through its Website, www.beauty.com; contact lenses through International Vision Direct Corp; and customized nutritional supplement programs through Custom Nutrition Services, Inc. (CNS). Founded in 1988 and based in Bellevue, WA, it has revenue of $399 million and some 780 employees. In March 2006, it launched its Auto Delivery program to provide consumers the ability to manage automatic shipments of everyday essentials and luxury products.

CFO & Vice PresidentBob Barton
Number of Employees 814
Contact Information

411 108th Ave NE Ste 1400

Bellevue, Washington 98004-8404

www.drugstore.c...

(425) 372-3200

NAICS Code Pharmacies and Drug Stores: 446110

Recent Events

  • Drugstore.com says Q1 revenues set record at $98.3M

    4/30/09 - Bond / Stock Rating - View Story

  • Small Cap Gainers - ZVTK, BARE, DSCM, VCI

    4/30/09 - Financial Announcement - View Story

  • Drugstore.com Embraces Perf Go Green Biodegradable Doggie Duty Bags and Cat Pan Liners and Launches...

    3/24/09 - Product Announcement - View Story

  • Drugstore.com posts record sales and profits

    3/02/09 - Financial Announcement - View Story

  • Drugstore.com Chooses RightNow's CRM Solutions

    2/25/09 - Licensing / Contract - View Story

  • Drugstore.com reaches Q4 profitability and narrows loss for year

    2/07/09 - Financial Announcement - View Story

  • Drugstore.coms Lonczak receives marketing award

    1/05/09 - Financial Announcement - View Story

News & Analysis

drugstore - All News and Analysis

Decision Makers

Name (plus bio) Position
Bob Barton CFO & Vice President
Bud Albers CTO & Vice President
David Lawrence Lonczak Vice President, Chief Marketing Officer
Kathy Gersch Chief Marketing Officer, Vice President & General Manager
Luke T. Friang CIO & Vice President
Presley Robert Vice President, Chief Accounting Officer
Robert P Potter Vice President and Chief Accounting Officer
Sridhar Iyer CIO & Vice President, Technology
Tracy Lynn Wright Vice President, Chief Finance Officer
Alesia Pinney General Counsel, Vice President & Secretary
Chris Hauser Vice President
Ian Mummery Vice President
Jeffrey Kimmell Vice President
Jonathan N. Tinter Vice President
Julie Anne Johnston Vice President, Otc Merchandising
Louise Mummery Vice President, Vision Operations
Matthew S. Stepka Vice President
Michael J. Peet Vice President, Sales
Robert Bernard Hargadon Vice President, Human Resources
Ron Kelly Vice President, Customer & Pharmacy Operations
Yukio Morikubo Vice President, Strategy, General Couns & Secretary
Russell Hager Owner
Walter Conner Senior Director, Communications
Greg Stanger Director
William D. Savoy Director

Board of Directors

Name (plus bio) Position
Dan Levitan Board of Directors
G. Charles Roy Board of Directors
Geoffrey R Entress Board of Directors
Jeffrey M Killeen Board of Directors
Organization Position Status
Beauty.com, Inc. CFO & Vice President, Finance Current
drugstore.com, inc. CFO & Vice President Current
Organization Position Status
drugstore.com, inc. CTO & Vice President Current

David Lonczak, vice president and chief marketing officer for drugstore.com is responsible for overseeing the online retailer's overall marketing direction. He joined the company in 2005 as General Manager of Vision and assumed additional responsibility as Sr. Director of Marketing in Pharmacy in early 2006. In this role, he is credited with growing the Vision business while improving profitability and for developing new opportunities for growth in Pharmacy. Prior to joining drugstore.com, Lonczak worked for Cingular Wireless, AT&T Wireless, Starbucks and Procter & Gamble. Lonczak has more than 15 years of marketing and merchandising experience and has held roles in category management, customer relationship marketing, new business development, channel marketing and marketing operations. Lonczak received his bachelor's degree from the University of Washington and his master's degree in Business Administration from the Simon School of Business of the University of Rochester.

Organization Position Status
drugstore.com, inc. Vice President, Chief Marketing Officer Current
Organization Position Status
drugstore.com, inc. Chief Marketing Officer, Vice President & General Manager Current

Luke Friang is vice president and chief information officer for drugstore.com, inc. and oversees all aspects of technology planning, development, and operations. Most recently, Friang was senior director of e-commerce technologies at Costco Wholesale, Inc. He was part of the team that took Costco.com from $100 million to $700 million in annual revenue. During this high-growth period, he served as the primary IT executive responsible for the planning, execution and support of the company's IT strategy for online businesses. Friang brings considerable retail experience to drugstore.com, having served in a variety of roles at The Spiegel Group and its associated companies. He directed Spiegel's strategic Internet initiative and was responsible for all e-commerce technology operations for the group's companies, including Eddie Bauer and The Spiegel Catalog. At Eddie Bauer, he served as director of Internet technologies and was responsible for the development of www.eddiebauer.com in 1999 and 2000. Before that, he served as manager of applications development and oversaw the e-commerce and call center divisions. Prior to Spiegel, Friang was a manager of call center systems and operations for Progressive Media, Inc. in Seattle. He has studied business administration, computer sciences, and Internet technology and information architecture at several educational institutions in the Seattle area.

Organization Position Status
drugstore.com, inc. CIO & Vice President Current
Organization Position Status
drugstore.com, inc. Vice President, Chief Accounting Officer Current

Rob Potter, vice president, chief accounting officer brings 20 years of accounting experience to the company and is responsible for accounting, internal and external financial reporting, treasury management, and corporate tax. Potter joined the company as Corporate Controller in 2004. Prior to joining the organization, he served as Controller for Midstream Technologies, a venture-backed startup technology development company. He also held senior positions with Mosaix, Inc. (now Lucent Technologies), PHAMIS, Inc. (now IDX Systems), Aldus Corporation (now Adobe Systems), and Ernst & Young, LLP. Potter is a graduate of the University of Washington and holds a B.A. in Business Administration.

Organization Position Status
drugstore.com, inc. Vice President and Chief Accounting Officer Current
Organization Position Status
drugstore.com, inc. CIO & Vice President, Technology Current

Tracy Wright, vice president, chief finance officer is responsible for investor relations, business development and overseeing the company's operating and capital plans. Wright has more than 13 years of experience in finance and accounting in the public and private sectors. Since joining drugstore.com, inc. in 2003 as director of financial planning and analysis, she has successfully lead initiatives to refine business processes with a focus on forecasting and analytics. Prior to joining the company, she held financial leadership roles at Western Wireless International, Freeinternet.com, and PriceWaterhouseCoopers. Wright received a Bachelor of Science degree in Business from Indiana University.

Organization Position Status
drugstore.com, inc. Vice President, Chief Finance Officer Current
Organization Position Status
drugstore.com, inc. General Counsel, Vice President & Secretary Current
Organization Position Status
drugstore.com, inc. Vice President Current
Beauty.com, Inc. Vice President, Operations Former
Organization Position Status
drugstore.com, inc. Vice President Current
Organization Position Status
drugstore.com, inc. Vice President Current
Organization Position Status
drugstore.com, inc. Vice President Current

Julie Johnston, vice president of over-the-counter merchandising is responsible for strategy in the Health, Wellness, Personal Care, Household, Games, Pet and Natural Store categories. Johnston has more than 15 years of experience in the retail industry. She joined drugstore.com in 2000 as a Sr. Category Manager for Personal Care. Johnston has held a number of progressively responsible positions within the merchandising team and has successfully launched new categories such as Toys and Games, Household and expanded the overall product line. Prior to joining the company she was with Sears, Roebuck and Co. where she grew women's updated footwear from $50 to $200 million and received the Buyer of the Year award in 1994, 1995 and 1996. She also worked for Marshall Field's in Chicago and Dayton-Hudson (now Target) and completed buyer training programs at both companies. Johnston is a graduate of the University of Illinois at Urbana-Champaign and has studied at the University of Strasbourg in France.

Organization Position Status
drugstore.com, inc. Vice President, Otc Merchandising Current
Organization Position Status
drugstore.com, inc. Vice President, Vision Operations Current
Organization Position Status
drugstore.com, inc. Vice President Current
Organization Position Status
drugstore.com, inc. Vice President, Sales Current

Robert Hargadon, vice president of human resources for drugstore.com, inc., is responsible for driving the organization's overall talent strategy, as well as all aspects of HR. He brings more than 25 years of corporate and consulting experience to the management team. Prior to joining drugstore.com, Hargadon headed Corporate Learning and Development for Microsoft, where he was responsible for employee leadership and management development. He also chaired the company-wide Learning Council. Prior to Microsoft, Hargadon headed U.S. and International HR at Boston Scientific. He was also with Fidelity Investments where he was in charge of Learning for Fidelity's Retail Investor Center channel. As a consultant, Hargadon was principal and vice president of Harbridge House, Inc. in Boston where he worked with nearly 100 different clients on a wide range of leadership, human resource and organization development assignments. Hargadon graduated from Harvard College with an A.B. degree in Economics. His graduate studies include coursework at Harvard's School of Education.

Organization Position Status
drugstore.com, inc. Vice President, Human Resources Current

Ron Kelly is vice president, customer and pharmacy services for drugstore.com. He oversees all customer care and pharmacy business operations and is responsible for managing the company's relationships with all outbound freight carriers. Kelly joined the company in 1999 and has held senior positions in finance, procurement, site development, merchandising, customer care and logistics. Prior to joining drugstore.com, Kelly spent seven years with the accounting firm Deloitte & Touche LLP, where he specialized in publicly held retail companies including Starbucks, Quality Food Centers and Fred Meyer, which was acquired by Kroger Foods. Kelly holds a B.S. in Accounting and Finance from the University of Oregon.

Organization Position Status
drugstore.com, inc. Vice President, Customer & Pharmacy Operations Current
drugstore.com, inc. Senior Director Former

Yukio Morikubo, general counsel and vice president, strategy for drugstore.com, inc. is responsible for managing the company's legal affairs, corporate governance and strategic relationships. He brings more than 15 years of legal and financial experience to the company. Previously, Morikubo was vice president, general counsel and corporate secretary for Advanced Digital Information Corporation where he was senior advisor to the company's board of directors and executive team. At Cingular Wireless, formerly AT&T Wireless, he served as chief counsel for the International division and was primary legal advisor for the company's multi-billion dollar investments in more than a dozen countries. Morikubo also practiced with the law firm of Perkins Coie LLP. Morikubo received his bachelor's and master's degrees in Business Administration from the University of Hawaii. He received his Juris Doctorate, cum laude from Georgetown University Law Center.

Organization Position Status
drugstore.com, inc. Vice President, Strategy, General Couns & Secretary Current

Array

Organization Position Status
Johnsoncountykyhistory.Com Current
Organization Position Status
drugstore.com, inc. Senior Director, Communications Current
drugstore.com, inc. Senior Director, Communications Current
Prepared Response, Inc. Current
Federal Emergency Management Agency Former
Organization Position Status
Maveron LLC Co-Founder Current
Internet Reit Board of Directors Current
Potbelly Sandwich Works Board of Directors Current
Jobflash, Inc. Board Member Current
Cranium, Inc. Board Member Current
Qsent, Inc. Board Member Current
The Motley Fool, Inc. Board Member Current
drugstore.com, inc. Board of Directors Current
Schroders Limited Managing Director Former
Pilchuck Glass School Consultant Former
Duke University graduate Former
Harvard Business School graduate Former
Horace Mann School Former
Organization Position Status
drugstore.com, inc. Board of Directors Current

Geoff Entress is an experienced entrepreneur and investor. He is currently a venture partner with Voyager Capital in Seattle. Previously, he was a venture partner with Madrona Venture Group, a Seattle venture capital firm, a securities lawyer with Perkins Coie, a Seattle law firm, and has managed financial analysis and reporting groups at Salomon Brothers in New York and The Prudential Home Mortgage Company in New Jersey. He has also held positions at Jones Day, Mellon Bank, Priority Investment Management, and Duquesne Capital Management. In addition, Mr. Entress serves on the board of several privately held companies. Mr. Entress received his undergraduate degree from the University of Notre Dame, an MS in Industrial Administration from Carnegie Mellon University, and a law degree from the University of Michigan Law School.

Organization Position Status
drugstore.com, inc. Board of Directors Current
Organization Position Status
Car Rental Weekly Vice President and Chief Financial Officer, Expedia Current
Technology Crossover Ventures Venture Partner Current
Livemocha, Inc Venture Partner, Tcv Current
Infovell Director Current
NetFlix, Inc. Board of Directors Current
Global Market Insite, Inc. Board of Directors Current
The-Drugstore.Com Director Current
R I S E Resources for Indispensable Schools and Educators Board of Directors Current
drugstore.com, inc. Director Current
Bridgevine Board of Directors Current
Motricity, Inc. Investor Current
Nextag, Inc. Investor Current
Expedia, Inc. Chief Financial Officer Former
Expedia, Inc. Senior Vice President Former
Microsoft Corporation Senior Director Former
PaineWebber, Inc. Investment Banking Former
Nextag, Inc. Board of Directors Former
University of California, Berkeley M.B.A. In Finance Former
University of California M.B.A. In Finance Former
Williams College B.A. In Economics Former

Jeffrey M. Killeen - Director. Mr. Killeen has been a director of the Company since October 1998. Since January 1, 2002, Mr. Killeen has been Chairman and Chief Executive Officer of Globalspec, Inc., an information services company. Mr. Killeen was the Chief Executive Officer of Forbes.com from August 1999 to March 2001. Prior to that, from January 1998 to March 1999, Mr. Killeen was the Chief Operating Officer of barnesandnoble.com. Before joining barnesandnoble.com, Mr. Killeen served as President and Chief Executive Officer of Pacific Bell Interactive Media from August 1994 to January 1998.

Organization Position Status
GlobalSpec, Inc. Chairman and Chief Executive Officer Current
Skyterra Communications, Inc. Director Current
drugstore.com, inc. Board of Directors Current
Forbes, Inc. Chief Executive Officer Former

William Savoy is currently a consultant for the Muckleshoot Indian Tribe, providing assistance with strategic planning, economic development and portfolio management. He also served in various capacities at Vulcan Inc., Paul Allen's organization, and its predecessor companies, from 1988 to September 2003. Most recently, he was the president of the portfolio and asset management division of Vulcan Inc., managing Vulcan's commercial real estate, hedge fund, treasury and other financial activities, and served as the president of both Vulcan Northwest and Vulcan Ventures. From June 1989 until its sale in June 1990, Savoy was the president and chief executive officer of software company Layered, Inc., and was its chief financial officer from August 1988 to June 1989. Savoy is a director of Drugstore.Com and Bsquare Corp, both NASDAQ listed companies. He received a B.S. in computer science, accounting and finance from Atlantic Union College, South Lancaster, Mass.

Organization Position Status
Moyer Co Board of Directors Current
drugstore.com, inc. Director Current
BSQUARE Corporation Board of Directors Current
RCN Corporation Director Current
The-Drugstore.Com Director Current
Vulcan Inc. President Former
Vulcan Inc. Consultant Former
Charter Communications, Inc. Director Former
Union College B.S. In Computer Science, Accounting and Former

Executive News

  • GlobalSpec Once Again Named to Media Power 50

    Business Wire - 6/11/09 - View Story

  • Pharmacies use incentives to attract new customers

    Drugtopics.com - 6/02/09 - View Story

advertisement
     DSCM $1.69 -0.15 (-8.15% )
Average Volume 270,591
Shares Outstanding 99.79M
Market Cap 168.7M
Year High 2.89
Year Low 0.01
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
advertisement