Consumer >> CEO Interviews >> November 2, 1998

L. Daniel Jorndt – Walgreen Company (wag)

L. DANIEL JORNDT, is President and Chief Executive Officer of Walgreen Co., the drugstore chain headquartered in Deerfield, Ill. Mr. Jorndt earned a pharmacy degree in 1963 from Drake University, Des Moines, Iowa. He began his career with Walgreens that same year. After holding various store management positions, he became a district manager in 1968. Mr. Jorndt, who earned a Master's degree in business in 1974 from the University of New Mexico, Albuquerque, was promoted to regional director (1975), regional Vice President (1979), and Vice President and Treasurer (1982). He served as a member of the Board of Directors of Sanborn Hermanos S.A., Walgreens former Mexican subsidiary, from 1982 to 1984. In 1985, Mr. Jorndt was named Senior Vice President and Treasurer of Walgreen Co. He was promoted to President and Chief Operating Officer in 1990, the same year he was elected to the Walgreen Co. Board of Directors. Mr. Jorndt was named President and Chief Executive Officer in January 1998 upon the retirement of Charles R. Walgreen III. Profile
TWST: How about if we start out with a real quick overview of Walgreen?

Mr. Jorndt: We're the nation's largest drugstore retailer. We operate

2500 stores coast to coast and Puerto Rico. We're