Diplomat Pharmacy CEO Phil Hagerman retiring, interim chairman named

A longtime Flint businessman, who's known for his philanthropy, is stepping down. (WEYI)

FLINT, Mich. --A longtime Flint businessman, who's known for his philanthropy, is stepping down.

Diplomat Pharmacy says its co-founder, Phil Hagerman is retiring as chairman and CEO.


Hagerman founded the Flint-based pharmacy with his father back in 1975.

The company now has 1700 employees in 14 states.

Hagerman will stay on as chairman emeritus.

Jeff Park has been named interim chairman.

Hagerman's foundation has helped many Flint causes, including helping to rebuild Flint's Capitol Theatre.

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