"I am excited to have the opportunity to lead Fred's Pharmacy's financial team at this important stage in the Company's transformation," said Mr. Jenne. "Fred's is a company with significant growth potential and a strong team in place to drive shareholder value. I look forward to continuing to work closely with Mike and the rest of the senior leadership to accelerate the execution of the Company's business plan."Mr. Bloom continued, "I want to thank Rick for his contributions to Fred's Pharmacy and for his commitment to facilitating a seamless transition. We wish him all the best in his future endeavors." About Jason Jenne Prior to joining Fred's Pharmacy, Mr. Jenne was Chief Executive Officer and President of True Temper Sports, Inc. from 2014 to 2016. Previously, Mr. Jenne held a variety of other leadership and financial roles during his 18 year tenure at True Temper Sports, Inc., including serving as the company's Chief Financial Officer beginning in 2005 and in a dual role as Chief Financial & Operating Officer beginning in 2013. Prior to True Temper Sports, Inc., Mr. Jenne served in various managerial finance capacities during a number of years at Emerson Electric. Mr. Jenne started his career in public accounting at Scheffel Boyle. Mr. Jenne is a Certified Public Accountant, and holds a Bachelor's degree in accounting and finance from Southern Illinois University, Carbondale. About Fred's Pharmacy Tracing its history back to an original store in Coldwater, Mississippi, opened in 1947, today Fred's Pharmacy is headquartered in Memphis, Tennessee, and operates 601 pharmacy and general merchandise stores, including 14 franchised Fred's Pharmacy locations, and three specialty pharmacy-only locations. With a unique store format and strategy that combines the best elements of a healthcare-focused drug store with a value-focused retailer, Fred's Pharmacy stores offer more than 12,000 frequently purchased items that address the healthcare and everyday needs of its customers and patients. This includes nationally recognized brands, proprietary Fred's Pharmacy label products, and a full range of value-priced selections. The Company has two distribution centers, one in Memphis, Tennessee, and Dublin, Georgia.
For more information about the Company, visit Fred's website at www.fredsinc.com.