Walgreens names George Fairweather as global CFO
Walgreens Boots Alliance has appointed George Fairweather as executive vice president and global chief financial officer.
Fairweather has been group finance director of Alliance Boots since July 2006, having previously held the same position at Alliance UniChem where he led the financial integration during the merger with Boots Group.
In his new role, he will succeed Timothy McLevish who has been Walgreens chief financial officer since August 2014 and helped complete the company’s merger with Alliance Boots.
Following Fairweather’s appointment, McLevish will act as a senior adviser to Walgreens Boots Alliance chief executive Stefano Pessina on finance, integration and business development matters. This will include working closely with Pessina and Fairwaether to assist in the ongoing integration of the financial teams, the company’s cost reduction programme and business development for the future enterprise.
Commenting on Fairweather’s appointment, Pessina said: “My years of working and collaborating with George as he led Alliance Boots’ financial organization give me every confidence that he will step into the global role for Walgreens Boots Alliance smoothly and effectively as we move ahead with our vision to establish a new global leader for our industry.
“I also want to personally thank Tim for his outstanding leadership and service during this important transitional time. We are very fortunate to have had two world-class CFOs at the company, and I sincerely appreciate the indispensable role Tim played to enable us to accelerate the close of the merger transaction before the end of 2014.”
