Users' questions

Who was the CEO of Walgreens in 2006?

Who was the CEO of Walgreens in 2006?

On July 12, 2006, David Bernauer stepped down as CEO of Walgreens and was replaced by company president Jeff Rein. Holding degrees in accounting and pharmacy from the University of Arizona, Rein was a pharmacist, store manager, district manager, and treasurer prior to being named Chief Executive Officer and Chairman of the Board.

What was the stock price of Walgreens in 2005?

Walgreens Historical Annual Stock Price Data Year Average Stock Price Year Open Year High Year Low 2006 44.4581 45.3900 51.4800 39.8000 2005 44.9306 40.3800 48.3400 40.0900 2004 35.7993 35.7100 39.4800 32.4500 2003 31.8180 30.1000 37.1500 27.3500

Where was the first Walgreens store in Chicago?

Walgreens began in 1901, with a small food front store on the corner of Bowen and Cottage Grove Avenues in Chicago, owned by Galesburg native Charles R. Walgreen. By 1913, Walgreens had grown to four stores on Chicago’s South Side.

When did Rite Aid and Walgreens merge?

On October 27, 2015, Walgreens announced that it would acquire its rival Rite Aid for $9 per share, a deal valued at $9.4 billion, pending regulatory and shareholder approval. The deal will result in a merger of two of the United States’ three largest pharmacy chains.

When did Charles Walgreen Jr take over Walgreens?

After Charles Walgreen, Sr., died in 1939, his son Charles R. Walgreen, Jr. took over the chain until his retirement. The Charles R. Walgreens (Walgreen Jr.) years were relatively prosperous, but lacked the massive expansion seen in the early part of the century.

How many years did Robert Montes work at Walgreens?

Robert Montes, who spent most of his 34 years at Walgreens in compensation and benefits, and his colleagues met with Walgreens executives later that month. In their hour-long meeting at Walgreens’ Deerfield, Illinois, headquarters, they asked how the company could say it did not have money for the subsidies]

Is the health insurance going away at Walgreens?

Now 62, Fischer and his wife will lose their health insurance subsidies next year. To be sure, Walgreens has increased some benefits for its current employees even though it is cutting the retiree subsidies. For instance, last year it invested $100 million to boost pay for more than 100,000 store employees.

Who is the CEO of Walgreens Health Services?

Greg Wasson, former President of Walgreens Health Services, was named President and Chief Operations Officer. On October 10, 2008, Rein abruptly quit as CEO and was replaced by Alan G. McNally as Chairman and Acting CEO. On January 26, 2009, Gregory Wasson was named CEO effective February 1, 2009.