Walgreens to Name Starbucks Executive Roz Brewer as CEO -- Update
January 26 2021 - 6:18PM
Dow Jones News
By Dana Mattioli and Cara Lombardo
Walgreens Boots Alliance Inc. is set to name Starbucks Corp.
operating chief Roz Brewer as its next chief executive, according
to people familiar with the matter, setting her up to be the only
Black female leading a Fortune 500 company today.
Ms. Brewer will replace CEO Stefano Pessina, who said in July
that he would step down as CEO once the drugstore company found a
new leader. Mr. Pessina, one of Walgreens' biggest individual
investors, said he was planning to stay on the company's board and
serve as executive chairman.
Starbucks said Tuesday that Ms. Brewer was leaving at the end of
February for a new role at another public company. Before joining
the coffeehouse chain, Ms. Brewer was CEO of Walmart Inc.'s Sams
Club division.
Write to Dana Mattioli at dana.mattioli@wsj.com and Cara
Lombardo at cara.lombardo@wsj.com
(END) Dow Jones Newswires
January 26, 2021 18:03 ET (23:03 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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