New Board at Alliance Boots
11 July, 2007
Beeston-based Alliance Boots has today (Wednesday) announced the introduction of a new Board and management structure with immediate effect.Stefano Pessina will chair the Board of Alliance Boots.
Dominic Murphy, Partner KKR, Ornella Barra, George Fairweather, Steve Duncan, and Marco Pagni are all appointed Directors.
Also joining the Board will be Johannes Huth and Mattia Caprioli of KKR.
The Board intends to appoint other independent non-Executive Directors and will be announced in due course.
All Change
Out goes Chief Executive, Richard Baker and Managing director of Boots the Chemists, Scott Wheway has decided not to accept a position in the new business.
Alex Gourlay, currently Healthcare Director for BTC is appointed as Managing Director of Boots The Chemists. Alex has been with the business for 27 years and is a qualified pharmacist.
Chair of the Board, Stefano Pessina, said: “We are grateful to Richard Baker for all he has done in leading the Alliance Boots group through its merger and for all his hard work and excellent results.
“We are confident that he will go on to new levels of achievement in a role commensurate with his undoubted skill and ability.
“We would also like to thank Scott Wheway for his contribution to the development of Boots The Chemists, in what has been a very successful trading period for the Company. They both leave with our best wishes for the future.”
New Team
Commenting on the new structure, Stefano Pessina added: “We are pleased to announce the new management team.
“We see fantastic opportunities for a business that is a pharmacy-led, healthcare and beauty expert, and a significant player in all its markets.
“The future potential is enormous and we're excited about working together to deliver this growth. It's important to our success that the team is committed to the Company for the long-term as we deliver our strategic vision."
By Editor.
