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William Blair & Co.

Pessina named CEO of Walgreens Boots Alliance

Pessina named CEO of Walgreens Boots Alliance

DEERFIELD, Ill. — Walgreens Boots Alliance Inc. announced executive vice chairman Stefano Pessina as its permanent chief executive officer in reporting increased sales and earnings for its fiscal 2015 third quarter. The company said Thursday that its board of directors appointed Pessina as CEO, effective immediately. He had been serving as acting CEO since January,

Walgreens Boots Alliance financials a difficult read

Walgreens Boots Alliance financials a difficult read

Walgreens Boots Alliance (WBA) gave its first quarterly report (fiscal 2015 second quarter) since the closing of the Walgreens-Alliance Boots merger on Dec. 31. With all of this huge company’s moving parts, few would argue that the financials were tough to decipher. News headlines seized on WBA’s plan to close about 200 U.S. stores under

CVS to stop selling tobacco products

WOONSOCKET, R.I. — CVS Caremark Corp. will halt all sales of cigarettes and other tobacco products through its more than 7,600 CVS/pharmacy stores nationwide by Oct. 1. The action makes CVS/pharmacy the first national drug chain to take this step. “Ending the sale of cigarettes and tobacco products at CVS/pharmacy is the right thing for