By Dean Seal

Walgreens Boots Alliance Inc. said Tuesday that John Standley has stepped down as Walgreens president and that the business would be reorganized under two leaders.

The company said Mr. Standley, who took over as president in August 2020, is formally leaving on Nov. 1 to pursue other interests.

"He led the team through a challenging time during the pandemic, and was integral to our unprecedented national rollout of COVID-19 vaccines and testing and to laying the foundation for our transformation to a healthcare company," Chief Executive Roz Brewer said.

The Walgreens segment would now be reorganized under two leaders, with Lee Cooper, CEO of the Walgreens-owned Shields Health Solutions, taking over pharmacy operations while Tracey Brown, president of retail products and chief customer officer, taking over retail operations.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

September 20, 2022 09:56 ET (13:56 GMT)

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