Walgreens Boots Alliance appoints new CEO

Date : 28 January 2021

Sabira Habib

Retail Analyst

Walgreens Boots Alliance (WBA) has appointed Rosalind Brewer as its new chief executive officer. She succeeds Stefano Pessina, who will transition into the role of executive chairman of WBA.

Brewer recently served as COO of Starbucks

Brewer will take on the role from 15 March 2021 and will also join the WBA board of directors on that day. She most recently served as Starbucks’ chief operating officer, group president. In her role Brewer played a major part in accelerating Starbucks’ growth strategy and expanding its global reach.

Before Starbucks, she worked as president and CEO of Walmart’s members-only warehouse banner, Sam’s Club, where she helped it improve its comparable sales by growing its digital capabilities to enhance the seamless shopping experience.

Pessina will replace Skinner as executive chairman

Stefano Pessina will replace James Skinner as WBA’s executive chairman in March 2021. Skinner will continue to serve on WBA’s board as a non-executive to ensure a smooth leadership transition.

Pessina has been WBA’s CEO for six years, following the merger of Walgreens and Alliance Boots in December 2014. During his time as CEO, he transformed and modernised the business into a global pharmacy, health, and wellness retailer along with expanding its footprint and investing in digitalisation.

Pessina highlighted,

“Her (Rosalind Brewer) relentless focus on the customer, talent development, operational rigor and strong expertise in digital and technological transformation are exactly what WBA needs as the company enters its next chapter. I look forward to working with Roz, and to continuing to partner with Jim and the entire Board and management team to take our company forward.” 

Want to know more?

  • Find the latest news and insights on Walgreens Boots Alliance here
  • Check out WBA’s Q1 performance here