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Sebastian James Resigns as Boots CEO Amidst Walgreens' Struggles to Divest the Company
ByAinvest
Saturday, Jun 29, 2024 6:48 am ET1min read
Boots CEO Sebastian James resigned after Walgreens Boots Alliance's plans for a £5 billion sale or IPO of the chain stalled, reported Sky News's Mark Kleinman. Walgreens specializes in pharmaceutical distribution with 87.2% revenue from retail and 8.1% from wholesale. As of August 2023, its operations span 13,532 outlets, including 8,706 in the U.S.
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