U.S. pharmacy chain operator Walgreens Boots Alliance (WBA.O) on Tuesday said it has appointed Tim Wentworth as its new chief executive and he will assume the role on Oct. 23.
Last month, Rosalind Brewer had abruptly stepped down as CEO of the company after less than three years at the top job.
Brewer’s departure was part of a mutually agreed decision, Walgreens had said, without providing further details, after a tenure that saw Walgreens’ share price nearly halve in value as the company tried to broaden its reach as a healthcare provider.
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