Walgreens CEO Roz Brewer steps down after more than two years in the role

On January 4, 2021, Walgreens CEO Roz Brewer announced her resignation after leading the firm for more than two years. In a statement published to the company’s website, she said, “It has been an honor to serve as the CEO of such an iconic brand and one of America’s most beloved companies. I’m proud of what we have accomplished during my time here—from modernizing our infrastructure to building a world-class retail and technology organization.” Her successor was named as John Standley, who has an extensive retail and pharmacy background. On Wednesday, Walgreens Boots Alliance Chairman and CEO Stefano Pessina shared his appreciation for Brewer’s service, noting her deep understanding of the business and her strong commitment to executing the company’s strategy. Brewer was the first Black woman to serve as CEO of a Fortune 500 company. During her tenure, Walgreens focused on its digital transformation strategy, modernizing its infrastructure and growing its retail offerings, as well as expanding its healthcare services. Brewer also launched several community initiatives that support diversity and inclusion. She was credited with navigating the difficult 2020 as the Tech and Retail industries faced unprecedented challenges due to the COVID-19 pandemic. Brewer’s departure was unexpected but is amicable, and her successor has been identified. Following her resignation, Brewer expressed gratitude for the opportunities that she has been afforded, saying, “It has been an absolute pleasure to serve my Walgreens family and continue the legacy of this amazing company. I’m energized to explore new opportunities and remain committed to helping make a difference in the lives of others.”