Walgreens Boots Alliance Appoints Tim Wentworth as Chief Executive Officer
Walgreens Boots Alliance, Inc. (NASDAQ:WBA) has announced the appointment of Tim Wentworth as its new Chief Executive Officer, effective October 23. Wentworth, who brings nearly three decades of healthcare leadership experience, will also join the WBA Board of Directors.
Wentworth’s most recent role was as the founding CEO of Evernorth, Cigna’s health services organization. During his tenure, he successfully brought together various health service capabilities, including care provision, pharmacy solutions, and benefits management. Prior to that, he served as CEO of Express Scripts, the largest pharmacy benefit manager in the United States, where he grew the company into a Fortune 22 company with over $100 billion in revenue and 26,000 employees.
With his extensive experience in the payer and pharmacy space, as well as supply chain, IT, and Human Resources, Wentworth is well-positioned to lead WBA into its next phase of growth. The company aims to be the independent partner of choice, not just in pharmacy but also in healthcare services, with a focus on improving healthcare, lowering costs, and helping patients.
Stefano Pessina, Executive Chairman of WBA, expressed confidence in Wentworth’s appointment, stating, “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.”
Wentworth himself expressed excitement about the opportunity to lead WBA’s evolution, emphasizing the company’s differentiated model and its potential to deliver more personalized, coordinated care at a lower cost. He believes WBA is well-positioned to be the leading partner in reimagining local healthcare and well-being for all.
Walgreens Boots Alliance is an integrated healthcare, pharmacy, and retail leader with a 170-year heritage of caring for communities. With approximately 13,000 locations across the U.S., Europe, and Latin America, WBA plays a critical role in the healthcare ecosystem. The company is focused on shaping the future of healthcare by dispensing medicines, improving access to health services, providing high-quality health and beauty products, and offering convenience through its digital platforms.
WBA’s commitment to healthy communities, a healthy planet, an inclusive workplace, and a sustainable marketplace has earned it recognition in various areas. The company has been named the Disability:IN’s 2023 Employer of the Year and has received high scores for disability inclusion and corporate equality. Additionally, WBA is an index component of the Dow Jones Sustainability Indices (DJSI), highlighting its commitment to operating sustainably.
With Tim Wentworth at the helm, Walgreens Boots Alliance is poised to continue its mission of delivering sustainable value and results, while reimagining local healthcare and well-being for all.