Walgreens Boots Alliance (WBA)

WBA completes transaction with AmerisourceBergen

WBA completes transaction with AmerisourceBergen

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) announced on Wednesday that it has finalized the sale of its Alliance Healthcare businesses to AmerisourceBergen for total consideration of approximately $6.5 billion, made up of $6.275 billion in cash (subject to a customary net cash and working capital adjustment) and 2 million shares of AmerisourceBergen common stock.

WBA’s Pessina calls Brewer an “exceptional leader”

WBA’s Pessina calls Brewer an “exceptional leader”

DEERFIELD, Ill. — Stefano Pessina is bullish about the future of Walgreens Boots Alliance in the wake of Rosalind Brewer’s appointment to succeed him as the company’s chief executive officer. A former CEO of Walmart’s Sam’s Club division and currently chief operating officer and group president at Starbucks Corp., Brewer will join WBA on March

WBA and Verizon Business team up

WBA and Verizon Business team up

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) and Verizon Business announced on Wednesday a multi-year strategic partnership where Verizon will deploy their Network as a Service (NaaS), an all-encompassing solution that will deliver an enhanced customer experience to more than 9,000 Walgreens and Duane Reade retail locations across the U.S. The foundation of the partnership

WBA to participate at Wolfe Healthcare Conference

WBA to participate at Wolfe Healthcare Conference

DEERFIELD, Ill. – Walgreens Boots Alliance, Inc. (WBA) announced on Monday that Alex Gourlay, co-chief operating officer, and James Kehoe, executive vice president and global chief financial officer, will participate at the 2nd Annual Wolfe Research Healthcare Conference on Thursday, Nov. 19 at 1:10 p.m. EST. The conference is a virtual event. The appearance will

WBA appoints Valerie Jarrett to board of directors

WBA appoints Valerie Jarrett to board of directors

DEERFIELD, Ill. —Walgreens Boots Alliance (WBA)  announced on Friday the appointment of Valerie Jarrett to the company’s board of directors and to the board’s audit committee and compensation and leadership performance committee, effective immediately. She joins the board as an independent director and becomes the board’s eleventh member. Jarrett is an acclaimed business executive and

Pessina, as usual, is several moves ahead

Pessina, as usual, is several moves ahead

Stefano Pessina’s decision to step down as Walgreens Boots Alliance’s chief executive officer has triggered speculation in the retail pharmacy and drug wholesaling sectors about the change, its timing and what it might portend for the company. Those who have followed WBA since its formation and, prior to that, Alliance Boots, which Pessina merged with

Barra and WBA adapt to new realities

Barra and WBA adapt to new realities

One characteristic Ornella Barra has evinced throughout her career in community pharmacy and drug wholesaling is the ability to adapt to changing conditions. That talent has served Walgreens Boots Alliance’s co-chief operating officer well in recent months: Both before and after the emergence of COVID-19, she has been a catalyst for innovation. A good example

WBA and McKesson to create German wholesale joint venture

WBA and McKesson to create German wholesale joint venture

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) and McKesson Corp. on Thursday signed an agreement to create a joint venture that will combine their respective pharmaceutical wholesale businesses in Germany with Alliance Healthcare Deutschland and GEHE Pharma Handel. WBA will have a 70% controlling equity interest in the joint venture, and McKesson will have a

Walgreens Boots Alliance appoints global CIO

Walgreens Boots Alliance appoints global CIO

DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) announced Friday that Francesco Tinto was named global chief information officer (CIO) and senior vice president at the company. Tinto will oversee the global strategy for WBA’s IT operations across all of the company’s divisions, as well as the implementation of its technology and digital innovation. His role

Walgreens honored on Fortune magazine’s 2019 Change the World list

Walgreens honored on Fortune magazine’s 2019 Change the World list

DEERFIELD, Ill. — Walgreens has made Fortune magazine’s 2019 Change the World list, taking the #13 spot on this annual list, which highlights companies that leverage their businesses to drive profit and to create societal good. The company is honored for its Balance Rewards for healthy choices (BRhc) digital wellness program, which currently has more than

WBA unveils 2018 Corporate Social Responsibility Report

WBA unveils 2018 Corporate Social Responsibility Report

NOTTINGHAM, U.K.  – Walgreens Boots Alliance (WBA) Tuesday published its  2018 Corporate Social Responsibility (CSR) Report, which showcases the company’s global sustainability initiatives to prevent opioid abuse, support cancer patients and their families and address malnutrition and other health issues in communities around the world. WBA’s CSR strategy is largely focused on health care initiatives,