Rosalind Brewer was named chief executive officer of Walgreens in March 2021.
Walgreens Boots Alliance said Friday that Rosalind Brewer will step down as chief executive officer of the retail pharmacy company.
Walgreens said in a press release that Brewer and the company’s board mutually agreed on the leadership transition. Brewer stepped down as CEO and a member of the board as of Aug. 31, but will continue to advise the company as it searches for a permanent replacement. Ginger Graham is the current lead independent director of Walgreens, and will act as the company’s interim CEO during the search for Brewer’s replacement, the company said.“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.
Walgreens also said in the press release that it expects fiscal-year adjusted earnings to be at or near the low end of its previously stated range. Shares of Walgreens were down 0.2% in premarket trading Friday to $25.26. Coming into the session, the stock has tumbled 32% this year and 16% over the past three months.
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