Walgreens Boots Alliance appoints Tim Wentworth as CEO effective Oct. 23, 2023

Walgreens Boots Alliance, Inc.

Tim Wentworth named CEO and Board member, effective Oct. 23, 2023; previously founding CEO of Evernorth (Cigna) and CEO of Express Scripts.
Compensation: $1.5M base salary, 200% target bonus, initial equity grant of $12M (50% PSUs, 50% RSUs, 3-year vest).
Wentworth brings healthcare leadership; WBA focuses on right-sizing and driving execution to create value.
No family relationships or transactions requiring disclosure; employment at-will with non-compete agreement.
Interim CEO Ginger Graham to return as Lead Independent Director.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Timothy Charles Wentworth

member of the Board

Walgreens Boots Alliance, Inc.

Effective: 2023-10-23
Filed: October 11, 2023, 7:59 PM ET

Mr. Wentworth was also appointed as a member of the Board, effective as of the Effective Date.

Appointed

Timothy Charles Wentworth

Chief Executive Officer

Walgreens Boots Alliance, Inc.

Effective: 2023-10-23
Filed: October 11, 2023, 7:59 PM ET

the Board of Directors (the “Board”) of Walgreens Boots Alliance, Inc. (the “Company”) appointed Timothy Charles Wentworth as Chief Executive Officer (“CEO”) of the Company, effective as of October 23, 2023

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Timothy Charles Wentworth was appointed as member of the Board at Walgreens Boots Alliance, Inc..

Action: appointed
Role: member of the Board

Exact text from the filing

Mr. Wentworth was also appointed as a member of the Board, effective as of the Effective Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Timothy Charles Wentworth was appointed as Chief Executive Officer at Walgreens Boots Alliance, Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

the Board of Directors (the “Board”) of Walgreens Boots Alliance, Inc. (the “Company”) appointed Timothy Charles Wentworth as Chief Executive Officer (“CEO”) of the Company, effective as of October 23, 2023

View on SEC.gov

Source: SEC EDGAR

accession 0001193125-23-253805

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