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July 31, 2023

Walgreens Seeks New CFO After Kehoe Departure

Posted In: Retail Articles

James Kehoe, executive vp and global CFO is leaving Walgreens Boots Alliance in mid-August and the company has begun the search for a replacement.

The company stated that it will seek a new global CFO with not only deep financial knowledge but also healthcare experience as it continues focusing on shifting operations to take on more of a health services positioning.

Manmohan Mahajan, senior vp, global controller, has been named interim global CFO while Walgreens conducts its search.

Mahajan joined Walgreens Boots Alliance in 2016 and has held several global roles in finance, including as vp, assistant global controller. Before joining WBA, Mahajan was GE Capital Americas controller, the company maintained. With Mahajan acting as interim global CFO, Walgreens has named Todd Heckman interim global controller. He has been serving as vp, assistant controller and, prior to joining WBA, held multiple roles with Exelon Corp., Ernst & Young, and Grant Thornton.

In announcing the executive changes, WBA CEO Rosalind Brewer said, “I am confident in Manmohan as he steps into the interim role while we launch a search for a new global chief financial officer. We will continue to deliver sustainable value to our customers, communities, partners and shareholders as Manmohan is a well-known and well-respected senior leader both with our board and throughout our company.

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