Walgreens Boots Alliance | Fortune Fashionable Board 25

Former Walmart govt and Starbucks COO Roz Brewer took over as Walgreens Boots Allilance’s CEO in March 2021. The corporate’s lead impartial director is William C. Foote, former chairman and CEO of USG Company, a constructing supplies producer. Stefano Pessina, the corporate’s former CEO, is the present govt chairman. 

Walgreens earns the No. 3 spot on the power of excessive scores for board independence, age dispersion, ESG, and having senior impartial nonexecutive administrators. (A nonexecutive director is a board member who just isn’t presently serving as an govt on the firm. Having a excessive share of nonexecutives on the board is taken into account a greatest follow, in response to Diligent, as a result of it’s simpler for such administrators to supply goal recommendation to the administration workforce.)

Walgreens has received over some analysts and traders with a long-term technique that features funding in primary-care clinics, a transfer meant to extend comfort for patrons and additional increase the corporate’s position past retail and pharmacy companies. The 2 different former CEOs on the Walgreens board replicate key areas wherein its enterprise is targeted. Ginger L. Graham is the previous president and CEO of Amylin Prescription drugs, and Nancy M. Schlichting is the previous CEO of the Henry Ford Well being System. Valerie Jarrett, senior adviser to President Barack Obama from 2009 to 2017, can be a director.

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