DEERFIELD, Ill. — Walgreen Co. has announced a number of executive promotions.
Wade Miquelon has been promoted to the position of executive vice president and chief financial officer, while John Spina was named corporate vice president of retail integration and new format development.
Miquelon joined Walgreens as senior vice president and chief financial officer in June 2008, and will continue responsibility for the company’s accounting, tax and treasury functions, including investor relations.
“In the short time he’s been with Walgreens, Wade has delivered tremendous value while bringing effective change that’s showing results,” says Walgreens president and chief executive officer Greg Wasson.
Before joining Walgreens, Miquelon was executive vice president and chief financial officer for Tyson Foods Inc. Earlier, Miquelon had a 16-year stint with consumer products company Proctor & Gamble Co. and had been general manager and head of finance for Western Europe operations, based in Geneva.
Spina previously was Walgreens’ vice president and treasurer. In his new role Spina is responsible for bringing a more focused approach to how Walgreens integrates new businesses. He will also work to develop new store formats and increase performance from established store formats through more flexible layouts.
“Throughout his lengthy Walgreens career, John has demonstrated the ability to uncover opportunities and lead teams through complex projects,” Wasson says. “There’s no one better to take on this new challenge as we seek more innovative ways to leverage the best store network in America.”
Prior to being named treasurer in 2007, Spina spent 28 years working in various roles in Walgreens stores.
In addition to promoting Miquelon and Spina, the drug store chain has named Wal-Mart Stores Inc. veteran Steve Broughton its new general merchandise manager and divisional vice president for consumables.
Meanwhile, Bruce Schmeidl has been promoted from director of facilities planning, design and engineering to divisional vice president, and Bob Roscoe has been promoted from director of asset development to divisional vice president.