Walgreens Boots Alliance CEO Rosalind Brewer steps down; Ginger Graham interim CEO; FY2023 guidance lowered

Walgreens Boots Alliance, Inc.

Rosalind Brewer mutually agreed to step down as CEO and board member effective Aug 31, 2023.
Ginger Graham, Lead Independent Director, appointed interim CEO effective Sep 1, 2023.
Brewer receives $9M cash severance, plus health benefits, and $375K/month consulting fee through Feb 2024.
Company expects full-year 2023 adjusted EPS at or near low end of prior range; 2024 guidance on next call.
Search for permanent CEO underway with executive search firm.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed (interim)

Ginger Graham

interim Chief Executive Officer

Walgreens Boots Alliance, Inc.

Effective: 2023-09-01
Filed: September 1, 2023, 7:59 PM ET

The Board has appointed Ginger Graham as the Company’s interim Chief Executive Officer, effective September 1, 2023.

Departed

Rosalind Brewer

Chief Executive Officer and Director

Walgreens Boots Alliance, Inc.

Effective: 2023-08-31
Successor: Ginger Graham
Filed: September 1, 2023, 7:59 PM ET

Rosalind Brewer had mutually agreed that Ms. Brewer would step down as the Company’s Chief Executive Officer and as a member of the Board, effective August 31, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Ginger Graham was appointed as interim Chief Executive Officer at Walgreens Boots Alliance, Inc..

Action: appointed
Role: interim Chief Executive Officer

Exact text from the filing

The Board has appointed Ginger Graham as the Company’s interim Chief Executive Officer, effective September 1, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Rosalind Brewer departed as Chief Executive Officer and Director at Walgreens Boots Alliance, Inc..

Action: stepped down
Role: Chief Executive Officer and Director

Exact text from the filing

Rosalind Brewer had mutually agreed that Ms. Brewer would step down as the Company’s Chief Executive Officer and as a member of the Board, effective August 31, 2023.

View on SEC.gov

Source: SEC EDGAR

accession 0001193125-23-226884

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