Walgreen CEO Wasson to Retire After Alliance Boots Merger

Julie Hyman discusses the leadership changes at Walgreens, highlighting Greg Watson's retirement and Stefano Pessina's temporary role as acting CEO. Pessina, a major investor and chairman at Alliance Boots, has been working to gain more control at Walgreens since 2012. The partnership between Walgreens and Alliance Boots has been evolving, with Walgreens acquiring a stake in Alliance Boots and Pessina obtaining a 7% stake in Walgreens. The company is now searching for a permanent successor to Watson.

Who is set to temporarily replace Greg Watson as CEO of Walgreens?

• Stefano Pessina

• Julie Hyman

• Alliance Boots

• Greg Watson

What is Stefano Pessina's role at Alliance Boots?

• Chairman

• Board Member

• CEO

• Investor

In what year did Walgreens begin its strategic relationship with Alliance Boots?

• 2010

• 2012

• 2015

• 2018

What percentage stake did Stefano Pessina acquire in Walgreens?

• 7%

• 10%

• 5%

• 12%

What is the primary reason for Stefano Pessina's temporary role as CEO?

• To increase his investment

• To gain greater control over Walgreens

• To sell his stake in the company

• To retire from Alliance Boots