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

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Source: Chicago Sun-Times
"Roz Brewer's Departure from Walgreens Sheds Light on Lack of Diversity in C-Suite"
Photo: Chicago Sun-Times
TL;DR Summary

Rosalind Brewer has stepped down as CEO of Walgreens Boots Alliance after less than three years. The departure comes after a challenging period for the company, marked by COVID-19 challenges, declining profits, and a shrinking stock price. Brewer led Walgreens' push into direct healthcare, including the acquisition of Summit Health, but the strategy has been slow to yield results. The company has begun a search for a successor and appointed Ginger Graham as interim CEO. Brewer will receive a $9 million severance package and continue to receive a monthly consulting fee. Walgreens is also searching for a new CFO.

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