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Drugstore chain Walgreens Boots Alliance Inc. named Tim Wentworth as its new main government Tuesday night.
Wentworth — the former CEO of pharmacy-advantages supervisor Categorical Scripts — 1st announced the news in interviews with the Wall Road Journal and Bloomberg Information.
In assertion Tuesday night, Walgreens
WBA,
verified his appointment, helpful Oct. 23. Wentworth will also be part of Walgreens’ board of administrators.
“He is an completed and revered leader with profound abilities in the payer and pharmacy area as very well as source chain, IT and human methods,” Walgreens Govt Chairman Stefano Pessina explained in a assertion. “We are self-confident he is the right man or woman to guide WBA’s next phase of expansion into a purchaser-centric health care corporation.”
Just after providing Express Scripts to Cigna Team
CI,
Wentworth led that company’s Evernorth health-services corporation.
“I’ve spent my profession functioning to strengthen the wellness of the people we’ve served,” Wentworth said in a statement. “I consider WBA is nicely-positioned to supply much more personalized, coordinated treatment, and attain much better outcomes at a lower charge.”
In September, Roz Brewer stepped down as Walgreens’ CEO just after about two and a 50 percent several years. That followed the shock departure of the company’s main economic officer in August.
Before Tuesday, some Walgreens pharmacy workers walked off the work to protest their functioning circumstances. The organizer of the walkout instructed the Linked Push that employees have been overworked and small-staffed, and threatened additional walkouts at the close of the month if their complaints are not resolved by management.
Walgreens stock is investing near its cheapest stage considering that 1998, and has plunged 40% yr to date.
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