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Chem Rx names new CFO

Chem Rx has appointed Gary Jacobs as the company's new CFO. The company also announced the resignation of its interim CFO, Joseph Sinicropi, effective immediately.

Mr Jacobs has over 30 years of experience in accounting, finance and operations. Since May 2005, he has been CFO and COO of Karat Platinum, which supplies and develops jewelry products.

Mr Jacobs is a certified public accountant and holds a Bachelor’s of Business Administration in accounting from Adelphi University.

Jerry Silva, chairman and CEO of Chem Rx, said: “We are very pleased to welcome Gary Jacobs to the Chem Rx team. Gary’s public company background, operations experience and understanding of financial markets will benefit our company as we continue our efforts to grow the business and implement new financial and accounting procedures and controls.”