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Correction: Market Chatter: Walgreens Boots Alliance's Boots Unit Sees Top Executive Step Down
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Correction: Market Chatter: Walgreens Boots Alliance's Boots Unit Sees Top Executive Step Down
Jul 1, 2024 9:58 AM

12:37 PM EDT, 07/01/2024 (MT Newswires) -- (Corrects the headline and first paragraph to indicate the top Boots executive is stepping down)

The Managing Director of Walgreens Boots Alliance's ( WBA ) Boots subsidiary, Sebastian James, is stepping down after Walgreens failed to engineer a sale of the company, Reuters reported on Monday, citing a person familiar with the matter.

James, who was named chief executive in 2018, will remain in the post until November, Reuters reported.

Walgreens Boots Alliance ( WBA ) did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 11.51, Change: -0.59, Percent Change: -4.88

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