Walgreens reportedly eyeing ex-Cigna executive for CEO role
Michael M. Santiago

Walgreens Boots Alliance (NASDAQ:WBA) is looking to add former Cigna (CI) executive Tim Wentworth as the companyâs next chief executive officer, Bloomberg reported Friday, citing people familiar with the matter.
The pharmacy retailer has yet to make a final decision and might still consider other candidates for the job, the people added, asking for anonymity as the information is not yet public. Wentworth and a company representative declined to comment.

Walgreens (WBA), the second-largest pharmacy chain in the U.S., lost more than 7% early this month after announcing the abrupt departure of former CEO Rosalind Brewer, less than three years from her appointment.

Wentworth led Express Scripts before Cigna (CI) acquired the pharmacy benefits manager in a $67B deal in 2018. Then, he was appointed as the CEO of Cignaâs (CI) newly-established health services organization, Evernorth, which houses Express Scripts and brands such as MDLive.
The health insurer announced Wentworthâs retirement two years ago. However, his employment officially ended in February 2022, after which he will be subject to a two-year non-compete agreement.


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