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February 12, 2024

Walgreens Adds New Execs As It Advances Health Services Agenda

Posted In: Retail Articles

As it continues to advance a health services-focused strategy, Walgreens Boots Alliance CEO Tim Wentworth announced that the company has made substantial changes to the executive suite.

The company will continue to build health services around its store portfolio, Walgreens noted. To advance that strategy, it has made multiple senior management moves.

Walgreens has named Mary Langowski executive vp and president of U.S. Healthcare. She will lead that WBA segment as Walgreens expands its role in healthcare, building on its strengths in pharmacy to unlock new areas of profitable growth and bringing high-value solutions to industry players, including payers, health systems, PBMs and biopharma manufacturers.

Langowski joins WBA after serving as CEO of Solera Health, a leading value-based technology business serving payers and employers. Before her Solera tenure, Langowski served as executive vp and chief strategy and corporate development officer at CVS Health, where she helped lead the organization’s evolution and execution as a healthcare company, Walgreens noted.

Current executive vp and president, U.S. Healthcare John Driscoll will move to a senior advisory role working with Wentworth, Langowski and the U.S. Healthcare business.

Also, Walgreens named Manmohan Mahajan executive vp and global CFO. Mahajan has served as interim global CFO since July 2023 and has helped lead WBA’s growth and cost discipline initiatives, the company pointed out. He also has advanced efforts to increase cash flow across the company by lowering capital expenditures and keeping the company on pace toward $1 billion in cost savings this year. Mahajan previously served as senior vp, global controller and chief accounting officer. Before joining WBA, Mahajan served in positions of increasing responsibility with GE Capital, a former subsidiary of General Electric Co.

Walgreens named Elizabeth Burger executive vp and chief human resources officer. She was senior vp, CHRO at Flowserve, a producer of flow control products and services for the global infrastructure markets. She also served as CHRO with Hanesbrands.

Langowski, Mahajan and Burger will report to Wentworth and join WBA’s current executive committee.

“Today’s announcement solidifies the leadership team that will carry WBA into its future as we look to expand our reach beyond neighborhood pharmacies into the fastest-growing areas of healthcare,” said Wentworth in announcing the executive appointments. “We have a strong team with a track record of operational excellence and an unwavering commitment to the execution of our goals. The spirit of this leadership team is one of collaboration, transparency and working effectively together. We share a sharp focus on the important goals in front of us, unlocking embedded profitability and reshaping our healthcare strategy to deliver sustainable value for our stakeholders.”

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