Topic - Stefano Pessina

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This June 25, 2019, file photo shows a sign outside a Walgreens Pharmacy in Pittsburgh. On Thursday, Jan. 7, 2021, Walgreens Boots Alliance lost $308 million in its first fiscal quarter due to a big charge tied to its ownership stake in the drug wholesaler AmerisourceBergen. The drugstore chain also saw COVID-19 continue to eat away at its business, particularly in the United Kingdom, but the company’s overall performance topped Wall Street expectations. (AP Photo/Gene J. Puskar, File)

Walgreens tops fiscal 1Q forecasts as it fights pandemic hit

By TOM MURPHY - Associated Press

FILE - In this June 24, 2019 file photo, shoppers enter a Walgreens store in Los Angeles. Walgreens leader Stefano Pessina will step down as CEO and become executive chairman of the drugstore chain’s board once they pick a new leader. The company also said Monday, July 27, 2020, that its current executive chairman, former McDonald’s CEO Jim Skinner, will leave that role but remain on the board. (AP Photo/Marcio Jose Sanchez, File)

Walgreens CEO Pessina to step down, become executive chair

By TOM MURPHY - Associated Press