Joe Raedle
Walgreens Boots Alliance, Inc. (NASDAQ:WBA) looks in disarray after the company announced that Rosalind Brewer was stepping down as CEO immediately. Lead Independent Director Ginger Graham will take over as interim CEO.
This follows CFO James Kehoe announcing at the end of July that he was stepping down in mid-August to pursue an opportunity in the tech sector. So in span of a few weeks, WBA has lost its top 2 execs, with neither having a full-time replacement.
Under Brewer, who became CEO in March 2021, WBA has undergone a transition to become a broader healthcare company. The former CEO aggressively invested in its healthcare segment by buying up and investing in companies that touch patients across the healthcare continuum.
Brewer’s goal was to create an integrated healthcare-pharmacy services company that could be there with a patient through their medical…
