George Fairweather named global CFO of Walgreens Boots Alliance
DEERFIELD, Ill. — Walgreens Boots Alliance on Monday announced that George Fairweather, previously group finance director of Alliance Boots, has been named EVP and global CFO, effective Feb. 20.
Fairweather succeeds Timothy McLevish, who has served as Walgreens CFO since August 2014. McLevish advanced the company’s completion of its merger with Alliance Boots to form Walgreens Boots Alliance, serving as the initial global CFO of the combined companies. He will continue to work with Walgreens Boots Alliance as a senior advisor to the chief executive officer for finance, integration and business development.
In this new capacity, McLevish will work with acting CEO Stefano Pessina and Fairweather to assist with the continuing integration of the financial teams, the company’s cost-reduction program and business development.
"We welcome George to lead the Walgreens Boots Alliance global finance group as we move forward following our successful merger to create the first international pharmacy-led health, wellbeing and beauty retail enterprise," said Jim Skinner, Walgreens Boots Alliance executive chairman. "George's global experience and expertise, and service with Alliance Boots, will ensure an effective transition and the strong financial leadership the future combined enterprise will need going forward.
McLevish added: "Over the last several months, I have worked extensively with George, and have the utmost respect for him as a leader and confidence in his global experience in retail pharmacy and wholesale. This will provide a strong foundation to allow Walgreens Boots Alliance to realize the great vision of this combined enterprise.”