Walgreens Boots CEO Rosalind Brewer resigns
Bruce Bennett/Getty Images News
Walgreens Boots Alliance (NASDAQ:WBA) announced Friday that the pharmacy retailer's Chief Executive Officer, Rosalind Brewer, has decided to step down from her leadership position and the board membership effective August 31, 2023.
The company shares are trading ~1% lower in the pre-market after the announcement. WBA's Board of Directors has agreed to Ms. Brewer's decision, which comes less than three years after her appointment in March 2021.
The company has appointed its lead independent director, Ginger Graham, as the interim CEO while an executive search for a permanent replacement is underway with the support of a global firm.
Walgreens (WBA) also announced that its full-year 2023 adjusted EPS will be at or near the low end of its previously guided range.
The leadership change comes at a time when Walgreens (WBA) is transforming to become a broader healthcare company, a strategic shift introduced by Ms. Brewer and her team in October 2021.
"I am confident that WBA is on track to be a leading consumer-centric healthcare company, serving thousands of communities across the country, especially those that need access to healthcare the most," Ms. Brewer said.

More on Walgreens 

Walgreens Vs. CVS: I Call A Tie Now Based On A Peter Lynch Evaluation
Walgreens: I'm Starting To Become Skeptical
Walgreens Boots Alliance: The Business Model Is Structurally Broken
Buy Walgreens As Key Targets Approach (Technical Analysis)
Walgreens sells AmerisourceBergen stock for ~$1.9B proceeds
Deutsche Bank downgrades Walgreens Boots to hold, citing outlook
Biggest stock movers today: Unity Software, Walgreens Boots Alliance, Lordstown Motors and more
Walgreens falls after lowering earnings guidance
Seeking Alphaâs Quant Rating on Walgreens Boots
Earnings data for Walgreens Boots
Dividend scorecard for Walgreens Boots