AXIOS September 1, 2023
Walgreens Boots Alliance announced Friday that Roz Brewer had stepped down as CEO and board member, in a decision described as mutual.
- Longtime board member Ginger Graham will serve as interim CEO until a permanent successor is found.
Why it matters: Retail pharmacy has been in a state of upheaval as shoppers spend less time and money in stores on every day goods and prescriptions, thanks to abundant options online.
- The boom in business that the pandemic provided as consumers sought testing and vaccines has also subsided — pushing both Walgreens and CVS to make massive investments in primary care delivery to secure their future in health care.
Zoom in: Brewer took charge in March 2021,...