Walgreens Boots Alliance appointed Tim Wentworth as the company’s new CEO, effective October 23.
The company noted that he will also join the WBA board of directors upon assuming the role.
Wentworth was the founding CEO of Evernorth, a health services operation of Cigna, the health benefits provider. Evernorth partners with health plans, employers and government organizations, providing care provision, pharmacy solutions and benefits management, WBA maintained. Before that, he was CEO of Express Scripts, a major pharmacy benefit management company.
WBA said Wentworth is joining the company at a pivotal time as it focuses on right-sizing the business while driving execution and creating greater value for employees, patients, customers and shareholders. WBA added its goal is to be the independent partner of choice, not just in pharmacy but also in healthcare services.
Ginger Graham will vacate the post of interim CEO and revert to her board post.
“The WBA board has been focused on bringing in a CEO with deep healthcare experience, and we are pleased to welcome Tim Wentworth as the company’s new CEO,” said Stefano Pessina, WBA executive chairman. “He is an accomplished and respected leader with profound expertise in the payer and pharmacy space as well as supply chain, IT and Human Resources. We are confident he is the right person to lead WBA’s next phase of growth into a customer-centric healthcare company. I look forward to working with Tim, as well as the rest of the board and WBA leadership, to lead WBA into a successful future. I also want to thank Ginger Graham for her leadership and immense commitment to our people and operations during this interim period. We look forward to welcoming her back as the board’s lead independent director.”
