Joseph V. Conda, one of the pharmaceutical industry’s most respected and recognizable icons is retiring after 47 years of dedicated service to the industry.
Joe began his pharmaceutical career in 1969 when he joined Brockway Glass Inc., in Toledo, Ohio, as a drugstore detail person selling bottles and vials. In 1988, Brockway was acquired by Owens-Illinois and in 2007, the company was acquired by Rexam, Inc. (now known as Centcor).
Transitioning with the company throughout the acquisitions, Joe served in a series of increasing leadership and management assignments and responsibilities, which eventually led him to being named President of Owens-Illinois HealthCare Packaging.
Joe was instrumental in the selling of Owens-Illinois HealthCare Packaging to Rexam, LLC, at which time he retired from Owens-Illinois to join Rexam. The sale represented the largest multiplier for a sale of a rigid packaging ever, at 13x EBITDA.
Following his exit from Rexam, Joe left the manufacturing side of the industry in 2010 to join wholesaler/distributor H. D. Smith, headquartered in Springfield, Illinois.
Over the course of the next seven years with H. D. Smith, Joe served as Senior Vice President, Strategic Plan and Business Development, President of H. D. Smith Specialty Solutions; and Executive Vice President, Office of the Chairman.
In his various positions, Joe helped create H. D. Smith’s specialty solutions — leading and integrating subsidiaries Triplefin, Smith Medical Partners, CompleteCare Pharmacy and PSAO Third Party Network — and most recently, he helped create Arete Pharmacy Network.
He launched H. D. Smith’s first vertically integrated product line — prescription packaging — to include two lines of vials and a line of oval bottles marketed as HDS Healthcare Packaging.
Joe led strategic planning and mergers and acquisition activities from the time he joined H. D. Smith in January 2010 until his retirement in May 2016.
He was a member of both the Triplefin and Smith Medical Partners Board of Directors.
He was also a coach and mentor to both Dale and Chris Smith, as well as younger executives within the company.
Among Joe’s many industry awards, the two he considers as his most outstanding, are the 1998 Healthcare Distribution Management Association Nexus Award (then known as the Tim Barry Award) and the 2010 National Chain Drug Store Association Harold Pratt Award. Both of these awards are presented for lifetime achievement in the healthcare industry. Joe is only one of four awardees to have ever been honored with both awards.
A graduate of Rutgers University, Joe earned a bachelor's degree in business administration and marketing. He also has a finance certificate from the Darden School of Business Administration at the University of Virginia.
Outside of the industry, among his many contributions to the community, Joe serves on the Board of Directors for the University of Toledo College of Pharmacy, Xavier University College of Pharmacy, Bowling Green State University Foundation Board and Hospice of Northwest Ohio Board of Trustees.
When asked what his retirement plans are, Joe said, “after serving on several non-profit boards, my intent is to reinvent himself one more time, focusing more intently on “service to the community.” He plans to work with the Toledo Museum of Art, Toledo Zoo, Toledo Opera, among many other local organizations
In addition, Joe plans to serve on pharmacy school advisory boards, coaching and mentoring pharmacy students, as well as college of business students at Bowling Green University and several schools of pharmacy.
Written by the Healthcare Distributor Magazine