Roz Brewer, CEO of Walgreens, resigns from position

Roz Brewer, CEO of Walgreens, resigns from position


Rosalind “Roz” Brewer

Jason Redmond | Afp | Getty Images

Walgreens Boots Alliance said Friday ⁣that Roz Brewer had stepped down as⁢ the company’s chief executive as it leans deeper into its strategy to become a ​health-care company instead of a drugstore.

She ⁣also left the company’s board, effective Thursday. The decision was mutual, according ⁣to a news release.

Shares of ‌Walgreens fell ⁤about 7% ‌Friday.

Ginger Graham,⁢ the lead independent director and a health-care industry veteran, will‌ work as interim chief while the company searches for a successor. Graham is a veteran of the⁣ health-care industry.

Brewer has ​agreed to continue advising the​ company until⁤ it selects a permanent CEO. She ‌didn’t immediately return requests⁤ for comment.

“Our ‌Board⁢ and leadership ⁣team⁣ will⁣ intensify our focus on creating value ⁤for our customers and our shareholders⁤ while‌ we advance the search for a ⁢successor with deep healthcare experience to lead in‍ today’s dynamic environment,” said Stefano Pessina,…

2023-09-01 12:40:36
Source from www.cnbc.com
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