- Great American Business Leaders of the Twentieth Century
Stanley P. Goldstein
Melville Corporation
1987 - 1998
Retail
b. 1934
| Education |  |
|---|---|
| Undergraduate | University of Pennsylvania |
| Personal | |
|---|---|
| Born-Died | 1934 |
| Birthplace | Rhode Island (RI) |
| Race | White |
In 1969, Goldstein’s drug store chain, CVS, was acquired by Melville Corporation and soon became the conglomerate’s dominant retail establishment. Goldstein took the reins of Melville in 1987 and began a total restructuring program transforming the company from a loose-knit group of retail establishments into an industry-focused healthcare company under the CVS name. His restructuring gamble paid off – building the largest drug retail chain in the United States generating over $15 billion in revenues.