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Greg Wasson

Former WBA CEO Greg Wasson leads group to invest in Innovation Associates

Former WBA CEO Greg Wasson leads group to invest in Innovation Associates

JOHNSON CITY, N.Y. – Innovation Associates, the market-leading provider of high-volume pharmacy automation technology and software solutions to the retail, hospital, government, and mail order pharmacy markets, announced Wednesday  the signing of a definitive agreement pursuant to which a consortium of investors led by Greg Wasson, the former Walgreens Boots Alliance chief executive officer, will

Ex-Walgreens CEO Greg Wasson enters joint venture

Ex-Walgreens CEO Greg Wasson enters joint venture

CHICAGO — Former Walgreens Boots Alliance chief executive officer Greg Wasson is part of a joint venture to help Fortune 50 companies take advantage of disruptive technologies with significant market potential. Wasson Enterprise, a Chicago-based angel investment group founded by Wasson, and Innventure, co-founded by entrepreneur Michael Otworth to commercialize innovative technology, have formed Innventure —

Three ‘industry icons’ honored by NACDS

PALM BEACH, Fla. — The National Association of Chain Drug Stores bestowed the chain drug industry’s highest honors on three “industry icons” at its annual meeting here last month. Greg Wasson, former president and chief executive officer of Walgreen Co., received the Sheldon W. Fantle Lifetime Achievement Award. Two industry veterans received the Robert B.

Wasson honored by NACDS with Fantle Award

Wasson honored by NACDS with Fantle Award

PALM BEACH, Fla. — Former Walgreen Co. president and chief executive officer Greg Wasson received the Sheldon W. Fantle Lifetime Achievement Award, the chain drug industry’s top honor, from the National Association of Chain Drug Stores last night at the NACDS Annual Meeting. Also on Tuesday evening, NACDS presented David Heist, director of industry affairs

Barra joins AmerisourceBergen board

VALLEY FORGE, Pa. — Ornella Barra, executive vice president of Walgreens Boots Alliance Inc. (WBA), has been elected to the board of directors at AmerisourceBergen Corp. Barra, who also serves as president and chief executive officer of global wholesale and international retail, fills the vacancy created by Greg Wasson’s resignation from the board on January 9.

Walgreens Boots Alliance makes formal debut

Walgreens Boots Alliance makes formal debut

NEW YORK — Walgreens Boots Alliance Inc.’s (WBA’s) top executives marked the close of a busy first week as a new company by ringing the opening bell January 9 at the Nasdaq Stock Market, where the company now trades under the “WBA” ticker symbol. Moments later, in an interview with financial network CNBC, executive vice chairman

It’s a new identity for Walgreens

It’s a new identity for Walgreens

Possibly lost in the fanfare surrounding the formal debut of Walgreens Boots Alliance, and its new home on the Nasdaq stock exchange, is the company’s new logo. Jim Skinner, executive chairman of WBA (the new stock symbol, by the way), told CNBC in the wake of the Nasdaq launch event in Manhattan that the company’s globe-shape logo

Walgreens, Alliance Boots close merger

Walgreens, Alliance Boots close merger

DEERFIELD, Ill. – As expected, Walgreen Co. and Alliance Boots GmbH have finalized the second step of their two-part merger agreement following Walgreens shareholders’ approval earlier this week. Coming just before the new year, the completion of the deal announced in 2012 reorganizes Walgreens into a subsidiary of a new holding company, Walgreens Boots Alliance

Crawford lauded for life’s work at Walgreens

Crawford lauded for life’s work at Walgreens

DEERFIELD, Ill. — Kermit Crawford, who retired as Walgreen Co.’s president of pharmacy, health and wellness on December 31, ended his career at Walgreens the same way he began it 31 years ago — providing the best in patient care. Building on the ethos instilled in him by his mother, Doris Crawford, while he was

Wasson decides to retire from Walgreens

DEERFIELD, Ill. — The New Year ushered in the beginning of a new era at Walgreen Co., which is scheduled to complete the second and final step of its merger with Alliance Boots GmbH in the first quarter. And this new era for Walgreens Boots Alliance will get under way without the presence of longtime

A look at the events that shaped 2014

Which events were most significant for chain drug retailing in 2014? As usual, that is not an easy question to answer. In many ways, 2014 was a remarkable year for the chain drug industry, one in which the character of the business was changed, probably irrevocably. The industry assumed a global character for perhaps the

Walgreens begins new phase in transformation

When the history of Walgreen Co. is written, Greg Wasson, who last month announced that he would step down as chief executive officer of the drug chain upon completion of its merger with Alliance Boots, will be seen as one of the company’s most consequential leaders. A product of the Walgreens system who joined the

Walgreens names activist investor to its board

DEERFIELD, Ill. — Walgreen Co. has named activist investor Barry Rosenstein, founder and managing partner of hedge fund JANA Partners LLC, to its board of directors. Walgreens said Monday that it also plans to name a second new director to its board as the company moves forward to complete its merger with Alliance Boots GmbH. Early

Walgreens names new chief financial officer

DEERFIELD, Ill. — Timothy McLevish has been named executive vice president and chief financial officer at Walgreen Co., taking over from Wade Miquelon, who left to pursue other opportunities. Tim McLevish McLevish will lead all of Walgreens’ finance functions as the company prepares to move forward with the proposed second step of its strategic partnership