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Walgreens CEO’s Departure Adds More Change Amid New Real Estate Directions

Stefano Pessina to Step Down When Company Names a New Leader
Walgreens Boots Alliance CEO Stefano Pessina plans to step down from the job and will become the executive chairman of the company's board. (Getty Images)
Walgreens Boots Alliance CEO Stefano Pessina plans to step down from the job and will become the executive chairman of the company's board. (Getty Images)
By Jennifer Waters
CoStar News
July 28, 2020 | 1:11 AM

Stefano Pessina is stepping down from the top post at Walgreens Boots Alliance without naming a successor after a $1.7 billion quarterly loss, a move that adds leadership uncertainty as the nation's second-largest pharmacy chain heads in a new direction on both retail stores and office space.

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