Walgreens Boots Alliance, Inc. has appointed Tim Wentworth as its new CEO, signaling a pivotal moment for the renowned healthcare retail giant. With a distinguished track record in the healthcare industry, Wentworth brings a wealth of experience from his tenure at Cigna's health services division, Evernorth, and as CEO of Express Scripts, a Fortune 22 corporation.
During his tenure at Express Scripts, Wentworth oversaw a significant merger with Medco Health Solutions, Inc., propelling the company's revenue to over $100 billion. His strategic leadership earned Express Scripts a place on Forbes Magazine's World's Most Innovative Companies list, a testament to his ability to drive innovation in the pharmaceutical benefit management sector.
Wentworth's career spans various facets of the healthcare industry. From his role as President and CEO of Accredo's specialty pharmacy division to his tenure at Mary Kay, Inc. and PepsiCo, his extensive experience positions him as a dynamic leader poised to guide WBA into a new era.
The appointment comes at a pivotal time for WBA as the company strives to become the premier independent partner in pharmacy and healthcare services. His expertise will be instrumental in right-sizing operations, driving value for employees, patients, customers, and shareholders alike.
Stefano Pessina, WBA Executive Chairman, expressed confidence in his ability to lead the company's next phase of growth. He emphasized his extensive experience in payer, pharmacy, supply chain, IT, and HR as vital assets for WBA's evolution into a customer-centric healthcare company.
Wentworth's vision extends beyond conventional healthcare delivery. He envisions WBA as a trailblazer in reinventing local healthcare and well-being. With a focus on personalized, coordinated care and improved outcomes at reduced costs, he is determined to address the challenges faced by health plans, healthcare providers, pharmacies, and retailers.
Walgreens Boots Alliance, a cornerstone of community care for 170 years, operates over 13,000 sites globally, serving millions of consumers and patients daily. The organization's commitment to rethinking local healthcare and well-being is evident in its diverse portfolio of brands, including Walgreens, Boots, Duane Reade, and more.
Wentworth's desire to lead during a time of change and uncertainty is what has led him to return to the helm of a major healthcare organization. He recognizes the pivotal role WBA plays, reaching nearly 10 million people daily, and is poised to leverage the organization's reach for the betterment of healthcare delivery.
As he steps into his role on October 23, there is an air of anticipation surrounding the transformative journey that lies ahead for Walgreens Boots Alliance. With a seasoned leader at the helm, the company is poised to navigate the evolving landscape of healthcare, delivering sustainable value and results for all stakeholders.