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Rosalind Brewer

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Lack of Diversity in C-Suite Highlighted by Walgreens CEO Resignation
business2 years ago

Lack of Diversity in C-Suite Highlighted by Walgreens CEO Resignation

Rosalind Brewer, the CEO of Walgreens Boots Alliance, has resigned, leaving no Black women CEOs in the S&P 500. Brewer was the only Black female CEO currently leading an S&P 500 company, highlighting the slow progress of diversity at the top of major corporations. The lack of representation is evident, with white men dominating executive roles, while women, especially women of color, are significantly underrepresented. Brewer's departure comes as Walgreens faces challenges in transitioning from its pharmacy and retail business to healthcare services. She will be replaced by board member Ginger Graham as interim CEO.

via USA TODAY|
#business#corporate-leadership#diversity
Roz Brewer's Departure from Walgreens Sheds Light on Lack of Diversity in C-Suite
business2 years ago

Roz Brewer's Departure from Walgreens Sheds Light on Lack of Diversity in C-Suite

Rosalind Brewer is stepping down as the CEO of Walgreens Boots Alliance, with the decision being mutual. Brewer, one of the few women running a Fortune 500 company and the only Black woman in that position when appointed, had been in the role since March 2021. The company is shifting its focus to health care services, but its shares have dropped to a 14-year low. The search for a permanent replacement is underway, while Ginger Graham, a director on the board of Walgreens, has been named interim chief.

via The New York Times|
#business#ceo#health-care
business2 years ago

Rosalind Brewer resigns as Walgreens CEO

Rosalind Brewer, the CEO of Walgreens Boots Alliance, has stepped down from her position, making her departure effective immediately. Brewer, the first African American and first woman to lead the company, will continue to advise Walgreens during the search for her replacement. Ginger Graham, the current lead independent director, will serve as interim CEO. Brewer's departure comes after her successful navigation of the company through the COVID-19 pandemic and its vaccine rollout. Walgreens has been focusing on transforming into a healthcare destination to compete with rivals like CVS Health.

via Chicago Tribune|
#business#ceo#interim-ceo