Walgreens Boots Alliance CEO Stefano Pessina to Step Down
Walgreens Boots Alliance (NASDAQ: WBA) shareholders dissatisfied with years of stock underperformance breathed a small sigh of relief on Monday. CEO Stefano Pessina, who has headed the company since 2015, says he will transition to the role of executive chairman once the company's board of directors finds his replacement.
Once the board selects a new CEO, the company's current executive chairman, James Skinner will step down from that position, but will remain on the board.
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Source Fool.com
