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Business Leadership Series with Rick Edmunds
October 6, 2017 @ 3:00 pm - 4:00 pm
Richard C. Edmunds, III (Rick) is a Principal with PwC Strategy& where he leads the Strategy team within Pharma Life Sciences. He was previously Senior Vice President and Leader of the Global Healthcare Practice at Booz & Company (which became part of PwC). He is also now part of PwC’s Global Pharma & Life Sciences Leadership team. He works primarily with leading pharmaceutical and medical product companies globally and in the U.S. Mr. Edmunds’ primary areas of expertise are in corporate and business unit strategy, product and customer strategies, commercial performance improvement, organization, and mergers and acquisitions. Mr. Edmunds brings business strategy and transformation skills and a solid understanding of the health care and pharmaceutical industries. In his recent corporate strategy assignments, he has addressed the implications of changing U.S. market dynamics on pharmaceutical companies and helped define different break-out alternatives for the various lines of business. On the commercialization side, Mr. Edmunds has conducted a number of different customer strategy development efforts (including payor, physician, and consumer) and broader product strategies ranging from launch to mature/end-of-lifecycle stage. Within the context of health reform, Mr. Edmunds has worked on major cross-industry collaboration efforts that include leading pharmaceutical companies, major national health plans, and PBMs.
Mr. Edmunds has written numerous articles related to the changing pharmaceutical landscape, new commercial approaches, organizing to win, and alternative strategic approaches. Most recently he has been a lead writer for Beyond 2020: Building Strategic Coherence in the New Health Economy published in PharmaExecutive and related articles in Managed Healthcare Executive and Strategy & Business.
Mr. Edmunds joined Booz Allen Hamilton/Booz & Company/Strategy& in 2005 after nearly 13 years at McKinsey & Co., where he worked as part of their Pharma/Medical Product Leadership Group. He holds an MBA from the Darden Graduate School of Business Administration at the University of Virginia, where he received both the Shermet Award and the Faculty Award for Academic Excellence in 1992. He holds a BA in economics from the University of North Carolina.
He was formerly Chairman of the Washington Tennis and Education Foundation, Is Vic Chair for Darden’s Corporate Advisory Board and is an Ex-Officio member of the Board of Trustees.,. He has a wife and two children and lives in Alexandria, Virginia.