DEERFIELD, Ill. — Former Duane Reade chief executive officer John Lederer has been named to the board of Walgreens Boots Alliance Inc. (WBA). Lederer has been president and CEO of US Foods since September 2010, leading a comprehensive brand transformation. He also led a major transformation at Duane Reade, overseeing the creation of a new
DEERFIELD, Ill. — In the first financial report since its formation at the close of 2014, Walgreens Boots Alliance Inc. recorded earnings per share for the fiscal 2015 second quarter that exceeded analysts’ forecasts. Management also announced on Thursday that it is expanding its restructuring program after identifying additional opportunities to cut costs, particularly in
DEERFIELD, Ill. — Former Duane Reade chairman and chief executive officer John Lederer has been elected to the Walgreens Boots Alliance Inc. board of directors. Lederer is currently president and CEO of US Foods, a Rosemont, Ill.-based foodservice distributor. “It is a tremendous privilege to join the Walgreens Boots Alliance board as this new global
Former Rexall Pharma Plus CEO Frank Scorpiniti has been officially announced as the new chief executive at Earth Fare, a natural and organic grocery chain that bills itself as “the healthy supermarket.” News of Scorpiniti’s exit from Rexall and hiring at Earth Fare had emerged last fall. Earth Fare said he took the reins as CEO on Oct. 29. In any
ROSEMONT, Ill. — John Lederer, chairman and chief executive officer of Duane Reade, next month is slated to join U.S. Foodservice as president and CEO. The Rosemont, Ill.-based foodservice distributor said Friday that Lederer is slated to join the company on Sept. 8. He will also serve on the board of directors. “John is an
DEERFIELD, Ill. — Walgreen Co. plans to buy metropolitan New York drug chain Duane Reade in a deal valued at nearly $1.1 billion. Under the deal announced Wednesday, Walgreens will acquire Duane Reade from affiliates of its parent company, private equity firm Oak Hill Capital Partners, in a transaction with a total value of $1.075
