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Fortune
Fortune
Maria Aspan, Joseph Abrams

What’s behind Walgreens CEO Roz Brewer’s abrupt resignation?

Walgreens CEO Rosalind Brewer speaks at Fortune's Most Powerful Women Summit in Laguna Nigel, Calif., on Oct. 10, 2022. (Credit: Stuart Isett—Fortune)

Good morning, Broadsheet readers! Cities in Texas are making it illegal to travel their roads for an abortion, the movie version of Taylor Swift's Eras Tour broke AMC's single-day sales record, and Fortune senior writer Maria Aspan dives into the sudden exit of Walgreens's Roz Brewer, the most powerful Black female CEO in the Fortune 500. Have a thoughtful Tuesday!

- Abrupt exit. The supposedly sleepy Labor Day weekend began with a bang on Friday morning, when Walgreens abruptly announced that CEO Roz Brewer had stepped down and left its board, effective the day before (Aug 31).  

The decision was “mutually agreed” upon by Brewer and Walgreens’s board, the company said. Brewer, who had been in the job for less than three years, used the same language in a LinkedIn post and an internal email to Walgreens employees seen by Fortune.

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