Reported about 6 hours ago
Walgreens has appointed Mike Motz as its new CEO following its acquisition by Sycamore Partners, marking a significant shift for the pharmacy chain as it aims to refocus on core retail and pharmacy services. Motz, previously CEO at Staples' U.S. retail, replaces Tim Wentworth, who led efforts to streamline operations amid rising competition from budget retailers like Amazon and Walmart. Additionally, John Lederer has been named executive chairman.
Source: YAHOO