Walgreens Boots Alliance ceo steps down

Drugstore group Walgreens Boots Alliance (WBA) ceo Stefano Pessina has stepped down. A new ceo has not been named.

Pessina will succeed James (Jim) Skinner as the board’s executive chairman once WBA has appointed a new ceo. Skinner will remain on the board.

Pessina was named WBA executive vice chairman in January 2015, following the merger of Walgreens and Alliance Boots in December 2014. He was then appointed ceo in July 2015. Skinner has served as WBA executive chairman since January 2015.

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