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Roz Brewer

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"Roz Brewer Resigns as Walgreens CEO, Stock Slides as Worst Performer in Dow"
business2 years ago

"Roz Brewer Resigns as Walgreens CEO, Stock Slides as Worst Performer in Dow"

Walgreens CEO Roz Brewer has resigned after less than three years in the role. The company named Ginger Graham, an independent director, as interim chief executive while it searches for a permanent CEO. Brewer's tenure saw Walgreens focus more on health care services and resolve litigation related to the opioid crisis. The company credited Brewer with leading its efforts to offer mass vaccinations during the pandemic. Walgreens aims to continue its shift towards health care while also investing in retail.

Walgreens CEO Roz Brewer Resigns After Two-Year Tenure
business2 years ago

Walgreens CEO Roz Brewer Resigns After Two-Year Tenure

Walgreens CEO Roz Brewer has stepped down from her position, as well as from the company's board, in a mutual decision. The company's shares have been struggling, down over 32% this year, due to a drop in demand for Covid testing and vaccines, as well as competition from retailers like Walmart and Amazon. Brewer, who had led Walgreens since March 2021, aimed to position the company as a healthcare provider rather than just a pharmacy chain. However, her skillset did not align with the company's goals, leading to her departure. Walgreens will now search for a replacement with deep healthcare experience.

"Leadership Shake-Up: Walgreens CEO Roz Brewer Departs Amidst Stock Decline"
business2 years ago

"Leadership Shake-Up: Walgreens CEO Roz Brewer Departs Amidst Stock Decline"

Walgreens CEO Roz Brewer has stepped down from her position, as well as from the company's board, in a mutual decision. The company has faced challenges this year, including a decline in demand for Covid testing and vaccines, leading to a drop in Walgreens' shares. The search for a new CEO is underway, and in the meantime, Ginger Graham, the lead independent director, will serve as the interim chief. Brewer, who had led Walgreens since March 2021, aimed to position the company as a consumer-centric healthcare company during her tenure.