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Fred’s Pharmacy Announces Senior Management Appointments 

Feb 2017

Fred’s Inc. has announced three additions to its senior management team. Gregory Froton has been appointed Senior Vice President, Merchandising, General Merchandise and Kimberley Felice-Dooley has been promoted to Senior Vice President, Merchandising – Consumables, both effective immediately. These appointments follow the recent appointment in December 2016 of Steve Wuebker as Senior Vice President, Supply Chain.

Michael K. Bloom, Chief Executive Officer, commented, “We are thrilled to have Greg, Kimberley, and Steve join Fred’s Pharmacy. Their extensive retail pharmacy experience and knowledge of our industry make them valuable additions to the leadership team in areas critical to our business. As we continue to focus on strengthening our world-class team, Fred’s is well-positioned to execute our transformational strategy, accelerate growth, and enhance our value proposition for the benefit of all our stakeholders.”

Bloom continued, “Gregory brings to the Company an impressive track record of producing innovative merchandise and customer focused solutions to drive sales and margin. Steve is a leading global operations executive with expertise in all aspects of operations management, including strategy, FP&A, and large-scale business transformation project management, and he has already proven an effective and valuable member of the Fred’s Pharmacy team since his appointment a few months ago. Additionally, since joining Fred’s Pharmacy in July 2016, Kimberley has contributed her extensive retail experience and will continue to be a vital component to our consumables growth going forward. I look forward to continuing to work closely with these highly qualified individuals as we implement upgrades to our infrastructure and continue the optimization of our business.”

Gregory Froton

Mr. Froton brings over 30 years retail experience to Fred’s Pharmacy. His merchandising expertise and knowledge spans over multiple retail channels including drug, mass, department and specialty formats. Mr. Froton worked for CVS Health for over 17 years holding the positions of Category Manager, Divisional Merchandising Manager, and most recently was Vice President General Merchandise and International Sourcing.

Mr. Froton holds a Bachelor of Arts degree from Boston College.

Kimberley Felice-Dooley

Ms. Felice-Dooley has held various leadership positions with CVS from 2006 until 2016, including Director of Category Management Skincare & Fragrance and Director of Category Management Candy. Prior to joining CVS in 2006, Ms. Felice-Dooley served in varying capacities at Federated Department Stores, beginning in 1997.

Ms. Felice-Dooley studied Textiles, Merchandising and Design at the University of Rhode Island and Interior Design at Mount Ida College.

Steve Wuebker

Mr. Wuebker most recently served as President and CEO of Prospect Brands. Prior, Mr. Wuebker held positions with Ralph Lauren Corporation from 2006 to 2015, including Senior Vice President, Global Supply Chain. Mr. Wuebker also has experience with Gap, Inc., Toys ‘R Us, and PepsiCo.

Mr. Wuebker holds a Bachelors of Arts degree from the University of Cincinnati and Masters degrees from George Washington University and Cranfield University.

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