BNET Industries
Market Cap:$2.7B
Last Fiscal Year Sales:$6.2B
- Public
- US
Dow Jones Description
Omnicare, Inc. (NYSE:OCR), a Fortune 500 company based in Covington, Kentucky, is a leading provider of pharmaceutical care for the elderly. Omnicare serves residents in long-term care facilities and other chronic care settings comprising approximately 1.4 million beds in 47 states, the District of Columbia and Canada. Omnicare is the largest U.S. provider of professional pharmacy, related consulting and data management services for skilled nursing, assisted living and other institutional healthcare providers as well as for hospice patients in homecare and other settings. Omnicare?s pharmacy services also include distribution and patient assistance services for specialty pharmaceuticals. Omnicare offers clinical research services for the pharmaceutical and biotechnology industries in 30 countries worldwide.
Vice President & CEO, Omnicare Clinical Res
Dale B. EvansNumber of Employees 15,400
Contact Information
100 E River Ctr Blvd Ste 1600
Covington, Kentucky 41011
(859) 392-3300
Peer Companies
NAICS Code Pharmacies and Drug Stores: 446110
Recent Events
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Omnicare Declares Quarterly Cash Dividend
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Omnicare 3Q profit rises 13 percent
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Recovering Addict-Businessman Helps Government Recover Millions from Omnicare for Nursing Home Kickback Scheme
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Real estate bigs accused of $50M kickback
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Ivax to pay $14M to settle kickback claim
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Omnicare settles kickback cases
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Omnicare appoints John Workman as CFO
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Omnicare names new executive vice president and CFO
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Omnicare, Inc. OCR to Release Third-Quarter Earnings and Hold Conference Call on Thursday, November 5,...
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Pusey to head Omnicare's CRO operations
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Omnicare names CRO unit president, CEO
News & Analysis
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investment and omnicare inc. - All News and Analysis
Omnicare, Inc. Q3 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Your first question comes from Frank Morgan with RBC Capital. Anton – RBC Capital Yes, good morning it’s Anton [ph] for Frank. Wanted to discuss the bed growth you saw sequentially and year-over-year. Did you break out how much of that was organic versus acquired?...
Omnicare Inc. Q3 2008 Earnings Conference Call Transcript
Question-and-Answer SessionJason Gurda - Leerink Swann Good morning. Thank you. Joel F. Gemunder - President and Chief Executive Officer Good morning. Jason Gurda - Leerink Swann I wanted to start out with your SG&A line. The expense came in I think particularly since you did the acquisition and bad...
Omnicare and NeighborCare Issue Statement Regarding Proposed Acquisition; Negotiations Continuing
COVINGTON, Ky. & BALTIMORE -- Omnicare, Inc. (NYSE: OCR) and NeighborCare, Inc. (NASDAQ: NCRX) announced today that they are in negotiations regarding the proposed acquisition by Omnicare of all of the outstanding shares of NeighborCare common stock for $34.75 per share in cash. There is no assurance that a definitive...
Omnicare Extends Tender Offer for NeighborCare until July 29, 2005
COVINGTON, Ky. -- Omnicare, Inc. (NYSE: OCR) today announced that it has extended its offer for all of the outstanding shares of NeighborCare, Inc. (NASDAQ: NCRX) common stock for $32.00 per share in cash. The offer, which was to have expired on Thursday, June 30, 2005 at 5:00 p.m., New...
Omnicare Statement
COVINGTON, Ky. -- Omnicare, Inc. (NYSE: OCR), a leading provider of pharmaceutical care for the elderly, today made the following statement regarding NeighborCare, Inc. (NASDAQ: NCRX). Joel F. Gemunder, Omnicare's president and chief executive officer, said, "We are disappointed with the NeighborCare Board of Directors' decision to recommend that...
Omnicare Announces Expiration of Hart-Scott-Rodino Waiting Period; Federal Regulators Will Not Object to Proposed Acquisition of NeighborCare
COVINGTON, Ky. -- Omnicare, Inc. (NYSE: OCR) today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 HSR has expired, indicating that federal regulators will not object to Omnicare's proposed acquisition of NeighborCare, Inc. (NASDAQ: NCRX) and removing a major condition to the offer. About...
Omnicare Completes Submission of Documents and Data to the FTC
COVINGTON, Ky. -- Omnicare, Inc. (NYSE: OCR) today announced that on Friday, April 1, 2005, Omnicare completed the submission of the documents and data requested by the United States Federal Trade Commission FTC under its Request for Additional Information under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. The requested documents...
Omnicare Proposes Three Director Nominees to NeighborCare Board
COVINGTON, Ky. -- Omnicare, Inc. (NYSE: OCR) today provided notice to NeighborCare, Inc. (NASDAQ: NCRX) that it is nominating three candidates for election to the Board of Directors of NeighborCare at its 2005 annual shareholders meeting. While NeighborCare's annual meeting has not yet been scheduled, last year its annual...
The Baltimore Sun Jay Hancock column.
By Jay Hancock, The Baltimore Sun Knight Ridder/Tribune Business News Nov. 21--There is money to be made if Omnicare Inc. succeeds in its drawn-out takeover raid of Baltimore's NeighborCare Inc. NeighborCare stock closed Friday at $28.10. Omnicare is offering $30....
Omnicare Extends Tender Offer for NeighborCare until September 30, 2004
COVINGTON, Ky. -- Announces 47.6% of Outstanding Shares Tendered Omnicare, Inc. (NYSE: OCR) today announced that it has extended its offer for all of the outstanding shares of NeighborCare, Inc. (NASDAQ: NCRX) common stock for $30.00 per share in cash. The offer, which was to have expired on Tuesday,...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Dale B. Evans | Vice President & CEO, Omnicare Clinical Res |
| Benoit Martin | President, Intl |
| David W. Froesel | Senior Vice President & Chief Financial Officer |
| Patrick Keefe | Coo & Executive Vice President |
| Cheryl D. Hodges | Secretary & Senior Vice President |
| Kevin J. Duffy | Senior Vice President, Global Marketing |
| Kirk M. Pompeo | Senior Vice President, Sales and Marketing |
| Leo P. Finn | Senior Vice President, Strategic Planning & Development |
| Catherine I. Greany | Vice President, Mergers & Acq |
| D. Michael Laney | Vice President, Management Info Services |
| Daniel J. Maloney | Vice President, Purchasing |
| David Morra | Vice President |
| Gary Erwin | Vice President, Health Sys Programs |
| J. Michael Roberts | Vice President, HR |
| John D. Stone | Vice President, Internal Audit |
| Paul W. Baldwin | Vice President, Public Affairs |
| Regis T. Robbins | Vice President, Analysis & Controls |
| Robert Dries | Vice President, Internal Audit |
| Thomas R. Marsh | Treasurer & Vice President, Finance Services |
| Thomas W. Ludeke | President, Omnicare Info Solutions & Vice President |
| Timothy L. Vordenbaumen | Vice President, Govt Affairs |
| Tracy Finn | Vice President, Strategic Planning & Development |
| W. Scott Arledge | Vice President, Pharmacy Services |
| Christopher J. Ross | Director, Ir |
| Bradley Abbott | Controller & Group Executive, Corp Finance Services & Vice President |
| William A. Fitzpatrick | Corp Compliance Officer |
| Joel F. Gemunder | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Edward L. Hutton | Chairman |
| Amy Wallman | Board of Directors |
| Andrea R. Lindell | Board of Directors |
| Charles H. Erhart | Board of Directors |
| Jeffrey W. Ubben | Board of Directors |
| John H. Timoney | Board of Directors |
| John T. Crotty | Board of Directors |
| Sandra E. Laney | Board of Directors |
In 2005, Omnicare Clinical Research marked the beginning of an exciting new era with the appointment of Dr. Dale B. Evans as President and Chief Executive Officer. Since that time, he has focused on growing the organization through a renewed commitment to strong client relationships, high-quality service, and exceptional project management. Prior to his appointment as CEO, Dale served as President of the Peri-Approval and Geriatric Clinical Research business unit. He joined the company as President of Global Business Development & Client Relations when Omnicare Inc. acquired the company he founded, Coromed, Inc., and merged it with another CRO to form Omnicare Clinical Research. At Coromed, Dale served as Chairman, President and CEO. The scope of Dale’s drug development experience transcends the contract research industry. He also spent 22 years in the biopharmaceutical industry in various research and development roles. Dale received a Ph.D. in Pharmacology from Hahnemann Medical University in Philadelphia and an M.S. in Cardiovascular Pharmacology from the University of Pittsburgh, School of Medicine.
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Vice President & CEO, Omnicare Clinical Res | Current |
| Omnicare, Inc. | President, Global Business Development, Omnicare Clinical Res | Former |
In 2000, Omnicare Clinical Research appointed Benoît Martin as President, International. Since that time, he has successfully directed the company’s operations throughout Europe and the Asia Pacific Region. Benoit also recently took responsibility for our OmniTEAM® flexible Client Placement Service, as well as our Pharmaceutics (clinical supplies) division. Prior to joining Omnicare Clinical Research in 1998 as the head of Human Resources, Benoit held several other senior level Human Resource positions in a diverse group of industries. He also previously practiced as a clinical psychologist with therapeutic experience that included neurosis and disorders like anorexia/bulimia, schizophrenia, and substance abuse. Benoît received a Master of Clinical Psychology, Child Psychology, from Catholic University of Louvain in Belgium, as well as a Master of Medical-Social Sciences and Hospital Management from the same university. He also earned an M.B.A. in Marketing and Human Resources from Belgium’s University Faculties Diepenbeek.
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | President, Intl | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Senior Vice President & Chief Financial Officer | Current |
| Omnicare, Inc. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Coo & Executive Vice President | Current |
| Omnicare, Inc. | Executive Vice President, Global Markets | Former |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Secretary & Senior Vice President | Current |
| Omincare Holding Company | Vice President | Current |
| Omnicare, Inc. | Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Senior Vice President, Global Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Senior Vice President, Sales and Marketing | Current |
| NeighborCare, Inc. | Senior Vice President, Sales and Marketing | Former |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Senior Vice President, Strategic Planning & Development | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Vice President, Mergers & Acq | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Vice President, Management Info Services | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Vice President, Purchasing | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Vice President, Health Sys Programs | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Vice President, HR | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Vice President, Internal Audit | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Vice President, Public Affairs | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Vice President, Analysis & Controls | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Vice President, Internal Audit | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Treasurer & Vice President, Finance Services | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | President, Omnicare Info Solutions & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Vice President, Govt Affairs | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Vice President, Strategic Planning & Development | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Vice President, Pharmacy Services | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Director, Ir | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Controller & Group Executive, Corp Finance Services & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Corp Compliance Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Chemed Corporation | Chairman | Current |
| Omnicare, Inc. | Chairman | Current |
| Chemed Corporation | Director | Current |
| Chemed Corporation | Chief Executive Officer | Former |
| Omnicare, Inc. | Director | Former |
| Indiana University | M.S. Degrees | Former |
| Indiana University | B.S. | Former |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| ValueAct Capital Partners L.P. | Chief Executive Officer, Chief Investment Officer and Founder | Current |
| Omnicare, Inc. | Board of Directors | Current |
| Catalina Marketing Corporation | Board of Directors | Current |
| Martha Stewart Living Omnimedia, Inc. | Board of Directors | Current |
| Gartner, Inc. | Board of Directors | Current |
| Mentor Corporation | Director | Current |
| Per-Se Technologies, Inc. | Director | Current |
| Sara Lee Corporation | Board of Directors | Current |
| Kinetic Concepts, Inc. | Director | Current |
| Misys Banking Systems | Board of Directors | Current |
| Seitel, Inc. | Director | Current |
| Smarte Carte, Inc. | Director | Current |
| Acxiom Corporation | Board of Directors | Current |
| The Posse Foundation, Inc | Board of Directors | Current |
| Global Sourcing Invitational Program | Board of Directors | Current |
| Leisure Arts, Inc. | CEO | Former |
| Leisure Arts, Inc. | President | Former |
| Catalina Marketing Corporation | Co-Founder and Managing Partner | Former |
| BLUM Capital Partners, L.P. | Partner | Former |
| Martha Stewart Living Omnimedia, Inc. | Chairman and Director | Former |
| Fidelity Management Corporation | Research Analyst | Former |
| Leisure Arts, Inc. | Shareholder | Former |
| Mentor Corporation | Chairman | Former |
| Per-Se Technologies, Inc. | Chairman | Former |
| Catalina Marketing Corporation | Chairman | Former |
| Hendrix College | Vice Chairman | Former |
| Columbia University | M.B.A | Former |
| Kellogg School of Management at Northwestern University | M.B.A. | Former |
| Northwestern University | M.B.A. degree | Former |
| Duke University | B.A. | Former |
| Hendrix College | Bachelor’S Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Director | Current |
| Chemed Corporation | Board of Directors | Current |
| Omnicare, Inc. | Chief Executive Officer | Former |
| Omnicare, Inc. | President | Former |
| Omnicare, Inc. | Principal Executive Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Omnicare, Inc. | Board of Directors | Current |
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Acxiom Announces Two New Board Members
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Omnicare to Release Second-Quarter Earnings and Hold Conference Call on Thursday, July 30, 2009
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