Walgreens CEO Pessina to step down, become executive chair

Walgreens CEO Pessina to step down, become executive chair

The change in leadership comes a couple weeks after Walgreens announced a huge quarterly loss and a major business pivot. Walgreens posted a quarterly loss of $1.7 billion with millions of people sheltering at home. The chain also announced that it will squeeze primary care clinics into as many as 700 of its U.S. stores over the next few years in a major expansion of the care it offers customers.

Davit
Davit
Top in Business
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