financetom
Business
financetom
/
Business
/
Walgreens names Optum's Jason Stenta as chief commercial officer
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Walgreens names Optum's Jason Stenta as chief commercial officer
Oct 7, 2024 6:23 AM

(Reuters) - Walgreens Boots Alliance named ex-Optum executive Jason Stenta as the company's chief commercial officer on Monday.

Stenta will lead the company's commercial growth strategy and developing its business-to-business healthcare services, Walgreens said.

He has also been tasked with improving partnerships with payers such as insurers, as well as health system providers and life sciences companies, the company added.

The move comes at a time when U.S. pharmacy chains have been closing underperforming stores due to weak consumer spending hurting retail operations. Walgreens had also cut its annual profit forecast in June.

Stenta was earlier the senior vice president, payer sales at insurer UnitedHealth Group's unit, Optum. Before that, he also held leadership roles at healthcare conglomerate CVS Health for 10 years.

Walgreens said Stenta begins his new role this month.

(Reporting by Puyaan Singh in Bengaluru; Editing by Anil D'Silva and Leroy Leo)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Toyota considers investing in potential $42 billion buyout of key supplier
Toyota considers investing in potential $42 billion buyout of key supplier
May 25, 2025
By Maki Shiraki and Makiko Yamazaki TOKYO (Reuters) -Toyota Motor ( TM ) said it is exploring the possibility of investing in a potential buyout of key parts supplier Toyota Industries ( TYIDF ) - a buyout that reportedly could cost $42 billion. We are currently exploring various possibilities, including partial investment, the automaker said in a filing with the...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Japan is a test case for Trump's tariff deals. But talks may be tortuous
Japan is a test case for Trump's tariff deals. But talks may be tortuous
May 25, 2025
TOKYO/WASHINGTON (Reuters) -When Tokyo's top trade negotiator met U.S. President Donald Trump for tariff talks at the White House earlier this month, he presented him with a gold-coloured piggy bank.     One detail, seemingly unnoticed by those in the room, is that the gift was made in China, the focal point for Trump's sweeping trade war that has engulfed Japan...
Toyota considers investing in potential $42 billion buyout of key supplier
Toyota considers investing in potential $42 billion buyout of key supplier
May 25, 2025
By Maki Shiraki and Makiko Yamazaki TOKYO, April 27 (Reuters) - Toyota Motor ( TM ) said it is exploring the possibility of investing in a potential buyout of key parts supplier Toyota Industries ( TYIDF ) - a buyout that reportedly could cost $42 billion. We are currently exploring various possibilities, including partial investment, the automaker said in a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved