Stefano Pessina

Executive Chairman of the Board at Walgreens Boots Alliance

Board

Since March 2021

Age

83 years

Tenure

Joined the board in April 2012, served as Acting CEO in early 2015, then as CEO from July 2015 to March 2021, and has been Executive Chairman since March 2021.

Also at Walgreens Boots Alliance

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Timothy C. Wentworth

Chief Executive Officer

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Beth Leonard

Senior Vice President and Chief Corporate Affairs Officer

Elizabeth Burger

Executive Vice President and Chief Human Resources Officer

About

Steeped in extensive experience within the healthcare and retail sectors, he has championed strategic transformation and operational excellence over several decades. His early career saw him establishing a pioneering pharmaceutical wholesale group, laying the foundation for a robust expertise in mergers and acquisitions and international business expansion.

Throughout his professional journey, he has driven significant growth and innovation as he progressed from pivotal board roles to top executive management. His leadership as CEO and transition to Executive Chairman have been instrumental in navigating the firm through market changes and expanding its global footprint.

In addition to his primary executive roles, his contributions extend to influential board memberships in other prominent healthcare companies, further underscoring his commitment to fostering industry-wide progress. His career reflects a blend of visionary leadership and a steadfast commitment to excellence in challenging global markets.

Past Roles

Organization	Role	Date Range	Details
Walgreens Boots Alliance (WBA)	Chief Executive Officer	July 2015 - March 2021	Former CEO role
Walgreens Boots Alliance (WBA)	Executive Vice Chairman	January 2015 - March 2021	Former Executive Vice Chairman role
Walgreens Boots Alliance (WBA)	Acting Chief Executive Officer	January 2015 - July 2015	Assumed role before becoming full CEO
Galenica AG	Board of Directors	2000 - 2017	Served on board of the publicly traded Swiss healthcare group
Alliance Boots	Executive Chairman	July 2007 - December 2014	Former role prior to merger into WBA
Alliance Boots	Executive Deputy Chairman	Before merger of Alliance UniChem and Boots Group	No specific dates provided
Alliance UniChem	Chief Executive Officer	2001 - December 2004	Led the role post-merger from Alliance Santé
Alliance UniChem	Executive Deputy Chairman	N/A	No specific dates provided
Alliance Santé	Founder	1977	Established the Franco-Italian pharmaceutical wholesale group

External Roles

Organization	Role	Date Range	Details
Privately Held Companies	Board Director	Current	Serving on board for multiple privately held companies

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
N/A	N/A	N/A	No non-performance compensation components for 2024

Performance Compensation

Data from FY 2024

RSU - Fiscal 2024 Adjusted Operating Income Performance Award

Metric	Value
Grant Date	November 1, 2023
Grant Date Fair Value	$7,733,836
Grant Date Stock Price	$20.63
Number of RSUs Granted	374,883
Performance Metric	Fiscal 2024 Adjusted Operating Income
Performance Goal Certification	Certified by CLP Committee in October 2024
Vesting Schedule	Vest on November 1, 2026; subject to forfeiture or accelerated vesting under specified conditions
Dividend Equivalents	Included through August 31, 2024
Threshold/Target/Max	Specific threshold, target, and maximum details not disclosed

Additional conditions include that vesting may be forfeited or accelerated (full or pro-rated) if Mr. Pessina terminates his service on the Board or upon a change in control.