DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) recently announced the appointment of James Kehoe as the company’s executive vice president and global chief financial officer, effective June 1. Kehoe will succeed George Fairweather, who has served as WBA’s global CFO since February 2015. Fairweather has been instrumental in the formation of WBA, the subsequent integration
DEERFIELD, Ill. — José Almeida, chairman and chief executive officer of health care product manufacturer Baxter International Inc., has been elected to the Walgreens Boots Alliance board of directors. Almeida, who will serve as an independent director, joins the board effective immediately and becomes the board’s 11th member. WBA noted that Almeida brings to the board
DEERFIELD, Ill. — As chief executive officer of Walgreens Boots Alliance Inc. (WBA), Stefano Pessina says he will provide management stability, enabling the company to focus on its operational and strategic tasks. He says the WBA board appointed him CEO (he had been in the role on an interim basis), rather than choose a new
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
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
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
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
