Headlines

Walgreens CEO Stepping Down

Stefano Pessina will become Executive Chair of the board

Published

4 years ago

July 28, 2020

VMSD Staff

Walgreens (Deerfield, Ill.) announced that Stefano Pessina is stepping down as the company’s CEO, Retail Dive reports. Pessina held the job for more than five years and assumed the position after the 2014 merger with U.K.-based drugstore Boots.

Pessina will become Executive Chair of the company board after his successor is named, according to Retail Dive, and James Skinner will step down as Board Chair but will continue to “remain on board to facilitate a smooth leadership transition.”

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design