Ward Young, president of parent company BDC Ltd., said the promotion reflected Mr. Grundmuller's significant contribution to the success of the organisation over several years.

He said it signified the planned accelerated growth of a company positioning itself for continued expansion as a leading retail pharmacy group. Mr.

Grundmuller, with the company since 1992, assumes lead responsibilities for the operation of the Phoenix Centre and four other stores.

George Grundmuller BUSINESS BUC