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Hy-Vee names leader for pharmacy innovation, business development

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Hy-Vee Inc. announced that Mike Agostino, current president of Amber Pharmacy/Hy-Vee Pharmacy Solutions, has accepted a new position in which he will lead pharmacy innovation and business development for the West Des Moines-based supermarket chain.

 

Mike Agostino

In the coming weeks, Agostino will assume the role of vice president of pharmacy innovation/business development at Hy-Vee. In the newly created position, Agostino will work with Hy-Vee’s health and wellness teams to research, develop and launch programs and initiatives that further grow Hy-Vee’s health brand. In addition, Agostino will continue his involvement in industry and government relations on behalf of the company.

Randy Edeker, chairman, president and CEO of Hy-Vee, said Agostino was the natural choice.

“I spend 40 percent of my time on pharmacy issues because health care has become such an important piece of our business,” said Edeker, who is also chairman of the National Association of Chain Drug Stores. “I’ve asked Mike to come to our team to develop future innovation that will strengthen our pharmacy business in this ever-changing environment. He has a wealth of skills and experience, and that’s why I’m excited for the new ideas he’ll bring.”

Hy-Vee acquired Amber Pharmacy in 2014 after the two companies had worked together over several years to create Hy-Vee Pharmacy Solutions. Known as a pioneer in the specialty pharmacy industry, Amber is based in Omaha and has pharmacies strategically located in Chicago, Dallas and Philadelphia.

Agostino joined Amber Pharmacy in 2008 after previously working as a vice president of managed care sales for Walgreen Co., where his responsibilities included operations, sales, business development, small business solutions, contracting and client services.