DEERFIELD, Ill. — New Walgreens Boots Alliance (WBA) chief executive officer Tim Wentworth has wasted little time in streamlining operations. The company this month laid off 267 corporate-level workers, including chief merchandising officer Luke Rauch. Those laid off represent 5% of WBA’s total corporate workforce and also included Robert Tompkins, group vice president and general
DEERFIELD, Ill. — Walgreens Boots Alliance is once again making leadership changes and trimming its corporate staff. In yet another round of layoffs, 267 corporate level workers will lose their jobs, representing 5% of the company’s total corporate workforce, according to a memo obtained by Crain’s Chicago Business. Luke Rauch, chief merchandising officer; Kevin Ban, WBA’s
NEW YORK — According to published reports, some employees at CVS Health Corp. and Walgreens Boots Alliance’s pharmacies launched a three-day walkout starting Monday to push the companies to improve working conditions and add more staff to their stores. The walkout, which has been dubbed “Pharmageddon” on social media platforms such as Meta’s Facebook where
DEERFIELD, Ill. — Walgreens Boots Alliance Inc. has appointed Tim Wentworth as the company’s new chief executive officer, effective October 23. Wentworth will also join the WBA board of directors upon assuming the role. Most recently, as founding CEO of Evernorth, Cigna’s health services organization that partners with health plans, employers and government organizations, Wentworth
DEERFIELD, Ill. — Roz Brewer has stepped down as chief executive officer at Walgreens Boots Alliance. She took the job in March 2021, becoming the first African-American and the first woman to lead the chain drug retailer. Brewer also vacated her seat on the WBA board. The company said her sudden departure was mutually agreed
DEERFIELD, Ill. — Walgreens Boots Alliance has spent the last several years assembling the components of a vast health care ecosystem, one that promises to enhance patient access, improve outcomes and lower overall costs. Today the company is aligning those assets — which include CareCentrix, a platform that coordinates care delivered in the home; Shields
DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) and VillageMD announced Thursday the opening of the first Village Medical at Walgreens primary care practice in the Chicago area. The practice is located at 641 Meacham Road, in Elk Grove Village, Ill. “At Village Medical, we partner with our patients to help them get well and stay
DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) has announced the departure of James Kehoe, executive vice president and global chief financial officer. Kehoe will leave WBA in mid-August to pursue an opportunity in the technology sector. Manmohan Mahajan, senior vice president, global controller, has been named interim global chief financial officer while the company conducts
WASHINGTON – The National Retail Federation today released its annual list of the Top 100 Retailers, compiled by Kantar, a global marketing data, insight and consultancy company. The 2023 Top 100 Retailers ranks the industry’s largest companies according to domestic sales. Longtime No. 1 Walmart held its top position with $499.65 billion in U.S. retail sales
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) on Tuesday reported mixed results for its third quarter, beating analysts’ sales estimates but falling short of profit expectations. Sales for the period ended May 31 advanced 8.6% from the year-ago quarter to $35.4 billion, topping Wall Street’s forecast of $33.79 billion. But adjusted earnings per share came
DEERFIELD, Ill. — Since becoming chief executive officer of Walgreens Boots Alliance in March 2021, Roz Brewer has put her stamp on the company by sharpening its focus on the things that matter most — health care and retailing. “We are taking decisive action to unlock value and strengthen the company by simplifying the portfolio,”
DEERFIELD, Ill. — As chief procurement officer at Walgreens Boots Alliance, Melissa Salo oversees commercial relationships with the retail pharmacy chain’s suppliers and partners. “I am responsible for leading the procurement team for goods and services not for resale,” she says. “Our team partners with business to procure technology, property, supply chain and logistics, marketing,