Forbes November 27, 2024
Tim Barry is leaving as chief executive officer of VillageMD, the clinic operator that has cost its majority owner, Walgreens Boots Alliance, billions of dollars in financial losses.
In a statement Wednesday, VillageMD said Barry “has stepped down as CEO and Board Chair.” Barry founded VillageMD in 2013, but the Chicago-based company has since struggled to fill its clinics attached to Walgreens with patients and has scaled back dramatically on the expansion of doctor practices it managed and Village Medical clinics the company opened attached to Walgreens.
“The Board has appointed VillageMD Chief Operations Officer Jim Murray to serve as Interim Chief Executive Officer,” VillageMD said Wednesday afternoon in a brief statement. “Effective immediately, Murray assumes day-to-day leadership responsibilities to...
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