Roz Brewer, one of only two black woman CEOs of Fortune 500 companies, stepped down as CEO of Walgreens Boots Alliance on Friday. Replacing her in an interim capacity will be longtime board member and pharma industry executive Ginger Graham. That means Walgreens’ top two jobs will be held by executives with the interim title. Former chief financial officer James Kehoe left Walgreens in August and was replaced by global controller Manmohan Mahajan until the company can find a permanent replacement.
A board member since 2010, Graham was named the board's lead independent director in October 2022, a role considered to be pivotal in managing the relationship between a board, its chair, and their stakeholders. Stefano Pessina will remain Walgreens’ executive chairman.
