Walgreens said chief finance officer James Kehoe will leave the drugstore giant and the company will … [+]
Walgreens said chief finance officer James Kehoe will leave the drugstore giant and the company will conduct a search to fill his position with a CFO with “deep financial acumem” as wells as healthcare experience.
The departure of Kehoe comes with Walgreens stock falling to around $30 a share in the second year under the leadership of chief executive Roz Brewer. Kehoe, who plans to leave the company in mid-August, is pursuing “an opportunity in the technology sector.”
Kehoe will be replaced on an interim basis by Manmohan Mahajan, Walgreens current Senior Vice President, Global Controller, who will be “Interim Global Chief Financial Officer while the company conducts a search to fill the role with a leader who not only brings deep financial acumen to WBA, but also healthcare experience,” Walgreens annouced Thursday.
Source: https://www.forbes.com/sites/brucejapsen/2023/07/27/walgreens-cfo-to-leave-as-company-looks-for-replacement-with-healthcare-experience/