Walgreens Boots Alliance (WBA) has announced a transition in its CEO role. The healthcare, pharmacy and retail firm said in a Friday (Sept. 1) press release that its board of directors and Rosalind Brewer mutually agreed that Brewer would step down as CEO and as a member of the...
The story of the cautious consumer continues as Walgreens reflects on its latest quarterly earnings. On Tuesday (June 27), after the company issued a warning that its profits are projected to fall below initial expectations, the stock of Walgreens Boots Alliance plummeted. The decline was...
Walgreens-owned VillageMD is getting close to a $9 billion deal to merge with Summit Health, part of an ongoing trend of consumer health brands moving into primary care. The company has entered into a definitive agreement to acquire Summit Health-CityMD, according to a Monday (Nov....
After five years as head of membership-only retail warehouse Sam’s Club, it was recently announced that Rosalind Brewer will be exiting from her position as CEO. Doug McMillon, CEO of parent company Walmart, said to staff in a memo that Brewer was stepping down because “she...
October 02, 2023
Walgreens Boots Alliance has experienced the latest shakeup in its leadership team, with Chief Information Officer (CIO) Hsiao Wang departing from the company about a year after assuming the role. Wang had been on a leave of absence but is no longer with the drugstore chain, Bloomberg reported Monday (Oct. 2), citing an internal note by interim CEO Ginger […]
September 01, 2023
Walgreens Boots Alliance (WBA) has announced a transition in its CEO role. The healthcare, pharmacy and retail firm said in a Friday (Sept. 1) press release that its board of directors and Rosalind Brewer...
November 07, 2022
Walgreens-owned VillageMD is getting close to a $9 billion deal to merge with Summit Health, part of an ongoing trend of consumer health brands moving into primary care. The company...