Walgreens Boots Alliance appoints Starbucks executive as CEO: WSJ



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Walgreens Boots Alliance Inc. WBA,
+ 2.86%
is to appoint a Starbucks Corp.
+ 1.20%
executive of its new CEO, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Earlier on Tuesday, the coffee chain announced that COO Roz Brewer was leaving the company to take on the role of CEO of an undisclosed publicly traded company at the end of February. Brewer would replace Stefano Pessina at Walgreens, who would become executive chairman, according to the report. Walgreens Boots Alliance shares rose more than 3% during the extended session after the end of the regular trading day up 2.9%.

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