Advertisement

Walgreens Appoints Global CFO

0aajameskehoe

Walgreens Boots Alliance has appointed James Kehoe, who most recently served as CFO and board director of Takeda Pharmaceutical Company Limited, as EVP and Global CFO, effective June 1.

Kehoe takes over from George Fairweather, who has been in the role since 2015 and aided the Walgreens-Boots Alliance merger. Fairweather is stepping down after a combined 16 years in the senior finance leadership position in Walgreens Boots Alliance and legacy companies.

Fairweather will serve as senior advisor to CEO Stefano Pessina for business development and finance, and as part of this role will help ensure the smooth transition of financial operations.

Advertisement

The move comes less than two months after Walgreens Boots Alliance poached former Dixons Carphone CEO Sebastian James to head up its UK-based Boots division as Senior VP, President and Managing Director.

Kehoe has a global-intensive background that will likely benefit Walgreens and Boots as both pharmacies continue their worldwide expansion. Kehoe worked at Tokyo-based Takeda Pharmaceutical since June 2016, and before that he served as EVP and CFO of Kraft Foods Group in the U.S. Prior to that, he held several finance-related positions over 25 years with assignments in Ireland, Germany, Italy, the U.S., Austria, Switzerland and Canada.

The shuffle at Deerfield, Illinois-based Walgreens comes as the health care industry contracts and competition ramps up. Walgreens has already acquired 1,900+ Rite Aid stores (Albertsons acquired the rest of the pharmacy chain), and has reportedly been in talks to acquire AmerisourceBergen, a drug distributor in which it already owns a stake. CVS Health acquired Aetna for $69 billion, with the pharmacy seeking to lower health care costs for its customers, while health insurer Cigna is planning to acquire pharmacy benefit manager Express Scripts for $67 billion.

Featured Event

View the Retail Trendcaster Webinar Series on-demand to uncover key 2025 retail trends, from AI and personalization to social commerce. Gain expert insights, data-driven predictions, and actionable takeaways to stay ahead in a rapidly evolving market.

Advertisement

Advertisement

Retail Trendcaster Webinar Series
Days
Hours
Minutes
Seconds

Uncovering What’s Next in Retail

On-Demand Limited Video Series

Q1 is a pivotal time for retail, with experts analyzing holiday sales and forecasting trends. View the full lineup of the Retail Trendcaster video series for insights on consumer spending, AI, personalization, social commerce, and more—helping you focus on what truly matters in 2025.

Brought to you by
Retail TouchPoints
Access Now
Retail TouchPoints is a brand of Emerald X LLC. By clicking the button and submitting information, you acknowledge and agree that your information may be shared with corporate affiliates of Emerald X LLC, and other organizations such as event hosts, speakers, sponsors, and partners. Please read our Privacy Policy and our Terms Of Use for more information on our policies.

Access The Media Kit

Interests:

Access Our Editorial Calendar




If you are downloading this on behalf of a client, please provide the company name and website information below: