Bindley Western Industries, Inc. Announces Promotionof Scott D. Teets to Senior Counsel and the...

Business & Health/Medical Editors

INDIANAPOLIS--(BW HealthWire)--Aug. 7, 2000

Bindley Western Industries, Inc. (NYSE:BDY) announced today the promotion of Scott D. Teets to the position of Senior Counsel and the appointment of John C. Erickson III to Senior Compliance Counsel.

Mr. Teets has held the position of Associate General Counsel and Assistant Secretary for Bindley Western since December 1, 1997. His responsibilities include matters involving real estate, SEC compliance, corporate governance, intellectual property, business contracts administration, and various projects for the Company's Board of Directors as Assistant Secretary. He previously owned or managed several closely held businesses in central Indiana after holding management positions with Dow Chemical Company and Baxter Healthcare. Mr. Teets holds a B.S. in economics and journalism from Butler University, an M.B.A. from Harvard Business School, and a J.D. from the Indiana University School of Law -- Indianapolis, and served on the adjunct teaching faculty at Franklin College.

Mr. Erickson's primary role will be to oversee the Company's regulatory compliance program in the capacity of Chief Compliance Officer. He will also aid in the supervision of litigation matters involving the company. Before joining Bindley Western, Mr. Erickson was associated with a well-known Indianapolis law firm where he concentrated his practice in the areas of federal white-collar criminal defense and complex civil litigation matters. Prior to entering private practice, Mr. Erickson was a Trial Attorney with the Department of Justice in the Attorney General's Honors Program. He began his career as a judicial clerk for the Honorable John Daniel Tinder of the United States District Court for the Southern District of Indiana. Mr. Erickson received his B.G.S. degree from the University of Michigan and his J.D. from the Indiana University School of Law -- Bloomington.

In commenting on these positions, Michael D. McCormick, Executive Vice President and General Counsel, stated, "During Scott's short tenure with the Company, he has been instrumental in overseeing numerous legal matters and in providing guidance to senior management on various business and legal issues facing the Company. Additionally, the appointment of a Senior Compliance Counsel confirms Bindley Western's total commitment to exemplary compliance and ethics programs. John's experience, including several years of government service and a family pharmacy background, fit perfectly with the Company's goals for this new position."

Indianapolis-based Bindley Western is a $10 billion, Fortune 500 company that provides a synergistic array of cost effective pharmaceutical and supply-channel management products and services from 17 distribution facilities located in 14 states and from 32 nuclear pharmacies located in 15 states. Customers include chain drug stores, independent drug stores, supermarkets and mass retailers with their own pharmacies, hospitals, clinics, HMOs, and managed care organizations, all of which are dedicated to lowering the cost of healthcare and improving the quality of patient care. Information Bindley Western is available on-line at www.bindley.com.