Walgreens CEO to step down

Walgreens CEO Greg Wasson will retire after the company closes its merger with Alliance Boots

Walgreens CEO Greg Wasson will retire after the company closes its merger with Alliance Boots, expected for the first quarter of 2015.

He will be replaced in the interim by Stefano Pessina, Executive Chairman of Alliance Boots, while the board of Walgreens Boots Alliance searches for a successor.

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