Walgreens Chief Executive Rosalind Brewer Steps Down

tech2flux.com Credit - Gettyimages By, Muhd. Faizan Date - 01/09/2023 T

Rosalind Brewer stepped down as CEO of Walgreens Boots Alliance on Friday, September 1, 2023, less than three years after taking the helm.

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The company said in a release that its board and Brewer mutually agreed for her to step down.

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Brewer also immediately stepped down as a member of the company's board.

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She will be replaced by Walgreens veteran Boots UK CEO Steve Pessina, who will become the company's executive chairman.

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She was appointed CEO in March 2021, becoming the first Black woman to lead a major US drugstore chain.

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Brewer is a respected business leader with a long and successful career. She previously served as CEO of Sam's Club and COO of Starbucks.

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Her departure is a blow to Walgreens, but Pessina is a seasoned executive who is well-respected in the industry.

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He is expected to bring stability to the company and help it navigate the challenges it is facing.

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