Walgreens Boots Alliance Stockholders Elect Robert L. Huffines to Board of Directors
26 1월 2024 - 6:49AM
Business Wire
Brings deep healthcare and extensive finance
experience
Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced the
election of Robert L. (Robbie) Huffines to the company’s board of
directors at its 2024 Annual Meeting of Stockholders. He joins the
board as an independent director and will serve on the board’s
Finance and Technology Committee.
Huffines currently serves as Global Chairman of Investment
Banking at J.P. Morgan Chase & Co., where he has guided
healthcare companies for more than 30 years on strategy, mergers
and acquisitions, divestitures and financing. He expects to retire
from J.P. Morgan Chase early this year.
Huffines brings experience across many healthcare verticals,
mergers and acquisitions and investment banking to the WBA board as
the company continues to evolve its business strategy to become the
leading independent partner of choice in healthcare services.
“I am pleased to welcome Robbie to the WBA Board of Directors,”
said Stefano Pessina, executive chairman, Walgreens Boots Alliance.
“His experience advising healthcare companies at one of the world’s
largest financial services firms will be critical as we reshape our
healthcare strategy to drive sustainable value for our
shareholders, customers, communities and partners.”
“Robbie is a tremendous addition to our board of directors, and
I look forward to working with him to advance and sharpen our
healthcare focus,” said Tim Wentworth, CEO, Walgreens Boots
Alliance. “His healthcare insights will be invaluable as we build
out a more capital efficient health services strategy rooted in our
retail pharmacy footprint.”
Huffines joined J.P. Morgan in 1991 in the Mergers and
Acquisitions group, with a focus on the healthcare industry. From
2002 – 2010, he served as co-head of the company’s global
healthcare investment banking group. In 2011, Huffines was promoted
to Vice Chairman, and in 2017, he was named Co-Chair of the Global
Strategic Advisory Council and joined the Global Banking management
team. Prior to joining J.P. Morgan, he worked at Alex Brown &
Sons, specializing in equity financing and advisory assignments for
emerging growth companies.
Huffines also currently serves on the boards of directors of
Nextech Invest and Eikon Therapeutics. He has served on the board
of Hastings Center for Biomedical Ethics since 2020, the board of
visitors of the University of North Carolina at Chapel Hill since
2019, and the board of trustees of the University of Virginia
Darden School of Business since 2018.
He and his wife, Lisa Huffines, recently founded The Forest
Group, Inc., a not-for-profit organization focused on improving the
mental health of children in underserved communities.
Huffines earned his M.B.A. from the Darden School of Business at
the University of Virginia, where he received the Faculty Award for
academic excellence. He pursued his baccalaureate education at the
University of North Carolina, where he majored in English and
Economics.
“I am honored to join the WBA Board of Directors and to help
shape the future of healthcare with a trusted brand that has served
communities for more than 170 years,” Huffines said. “As WBA
focuses on capital light investment models, I look forward to
helping them leverage their talent, existing footprint and the
trust of millions of patients and customers to further expand into
the fast-growing areas of healthcare.”
About Walgreens Boots Alliance Walgreens Boots Alliance
(Nasdaq: WBA) is an integrated healthcare, pharmacy and retail
leader serving millions of customers and patients every day, with a
170-year heritage of caring for communities. A trusted, global
innovator in retail pharmacy with approximately 12,500 locations
across the U.S., Europe and Latin America, WBA plays a critical
role in the healthcare ecosystem. The Company is reimagining local
healthcare and well-being for all as part of its purpose – to
create more joyful lives through better health. Through dispensing
medicines, improving access to a wide range of health services,
providing high quality health and beauty products and offering
anytime, anywhere convenience across its digital platforms, WBA is
shaping the future of healthcare.
WBA employs more than 330,000 people and has a presence in eight
countries through its portfolio of consumer brands: Walgreens,
Boots, Duane Reade, the No7 Beauty Company and Benavides in Mexico.
Additionally, WBA has a portfolio of healthcare-focused investments
located in several countries, including China and the U.S.
The Company is proud of its contributions to healthy
communities, a healthy planet, an inclusive workplace and a
sustainable marketplace. WBA has been recognized for its commitment
to operating sustainably: the Company is an index component of the
Dow Jones Sustainability Indices (DJSI) and was named to the 100
Best Corporate Citizens 2022.
More Company information is available at
www.walgreensbootsalliance.com.
(WBA-GEN)
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version on businesswire.com: https://www.businesswire.com/news/home/20240125961665/en/
WBA Media Relations Jim Cohn jim.cohn@walgreens.com
Walgreens Boots Alliance (NASDAQ:WBA)
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Walgreens Boots Alliance (NASDAQ:WBA)
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