Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced the appointment of John Standley as President of Walgreens, effective immediately. He will lead all Walgreens operations, and will have responsibility for the development, growth and management of the business as the company continues to build on its leadership in the rapidly evolving healthcare sector.
Standley has a deep background in pharmacy, retail and healthcare, and will bring extensive operational experience to his role to further deliver on the company’s four key strategic priorities: creating neighborhood health destinations, driving cost transformation, accelerating digitalization and restructuring Walgreens retail offering. He will report to Alex Gourlay, Co-Chief Operating Officer, Walgreens Boots Alliance.
Previously, he served as President, Chief Executive Officer and Chairman of Rite Aid Corp. after a long career with the company in various leadership roles. Prior to Rite Aid Corp., he was the Chief Executive Officer of Pathmark Stores Inc., and has held leadership roles in several other grocery and retail companies. Standley is also a former Chair of the National Association of Chain Drug Stores (NACDS).
“John’s leadership experience and strong understanding of our industry and the U.S. healthcare markets will allow him to hit the ground running, drive our transformation and fulfill our purpose to help people lead healthier and happier lives across America,” said Stefano Pessina, Executive Vice Chairman and Chief Executive Officer, Walgreens Boots Alliance. “Walgreens’ essential role in the healthcare delivery system and in the lives of millions of Americans has never been more important as we continue to work our way through the pandemic together. I’m confident John will build on and grow our momentum at Walgreens, and help us compete and win even more in the marketplace.”
Gourlay, who has served as President of Walgreens on an interim basis, will continue in his role as Co-Chief Operating Officer, Walgreens Boots Alliance, overseeing the strategic direction and coordination of the company’s U.S. operations.
“I’m very excited to join the team and lead the iconic Walgreens brand,” said Standley. “I’m looking forward to accelerating execution of the strategic vision for the future of Walgreens. My top priorities will be meeting and exceeding the needs of our customers, patients, team members and the communities we serve during these challenging times, and ensuring that Walgreens fulfills its full potential as one of America’s most admired and trusted companies.”
