Walgreens names Starbucks Exec Roz Brewer as CEO

Brewer will be the only Black woman leading a Fortune 500 company.

According to the Wall Street Journal, Walgreens Boots Alliance Inc. will name Starbucks chief operating officer Rosalind Brewer to serve as its next CEO, the company confirmed on Tuesday.

Brewer will replace current Walgreens CEO Stefano Pessina on March 15, the company said in a press release. She will be the only Black female leading a Fortune 500 company.

“WBA is a world-class and trusted organization whose purpose I deeply admire,” Brewer said in a statement. “The healthcare industry is constantly evolving, and I am excited to work alongside the entire WBA team as we deliver further innovation and positively impact the lives of millions of people around the world every day.”

Prior to her role at Starbucks, served as CEO of the Sam’s Club division at Walmart. She has served on Amazon’s board of directors since 2019.

In after-hours trading, Walgreens shares rose more than 8% on news of Brewer’s hiring.

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Comments

    • Marc Farley - January 28, 2021

      Congratulations Rosalind! Definitely a step in the right direction. Think about how black women comprise about 7% of the workforce in the US and yet Rosalind Brewer will be the only black women out of 500 CEOs on the Fortune 500. And some people don’t think we have equality of opportunity problems? Let’s fix this.

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