Business

New Walgreens CEO is sole black female Fortune 500 leader

Roz Brewer one of only five black CEOs to make list

Updated 5 years ago · Published on 27 Jan 2021 12:30PM

New Walgreens CEO is sole black female Fortune 500 leader
Before her time at Starbucks, Roz Brewer worked at Sam's Club from 2012 to 2017. – Twitter pic, January 27, 2021

SAN FRANCISCO – US drugstore giant Walgreens Boots Alliance (WBA) yesterday named Starbucks executive Roz Brewer as its new CEO – an appointment that US media said would make her the only black woman leading a Fortune 500 company.

"Brewer brings to WBA a proven track record of leadership and operational expertise at multinational corporations," WBA said in a statement, adding outgoing CEO Stefano Pessina would become executive chairman of the board.

The Wall Street Journal said there are just four black male CEOs of Fortune 500 companies – a ranking of America's largest 500 companies.

"Before her time at Starbucks, Brewer worked at Sam's Club from 2012 to 2017," WBA said.

"She made history by becoming the first woman and first African American to lead a Walmart division. She is currently ranked #27 on Fortune's 50 Most Powerful Women in Business." – AFP, January 27, 2021

Related News

Malaysia / 1w

Former investment bank CEO charged with RM139.8m fraud

Malaysia / 2w

Najib raises objections to 80% of ex-1MDB CEO’s witness statement over hearsay

Malaysia / 4mth

MACC nabs statutory body CEO suspected of accepting bribes to build squash court

Malaysia / 6mth

EPF dividends cannot be fully channeled to Flexible account - CEO

Business / 6mth

EPF announcement on dividend rates expected on Saturday (Feb 28)

Malaysia / 10mth

Petronas group CEO apologises for Singapore GP champagne issue

Spotlight

Malaysia

Desa ParkCity deaths: Netizens voice concern, call for increased enforcement, crackdowns on scammers

Malaysia

Seven Yemenis arrested over dangerous stunt on KL road

Malaysia

UMNO gives state leaders mandate to negotiate electoral pacts

Malaysia

Sultan Selangor warns against greed, abuse of trust

By Alfian Z.M. Tahir

Malaysia

Form Six students to get allowance from 2027

Malaysia

Desa ParkCity deaths: Wife believed to be victim of love scam, say cops

Malaysia

Saravanan's letter will be referred to MACC, relevant authorities - PM Anwar

Malaysia

Thirteen arrested after teen girl dies in suspected gang-related road attack in Kulai

You may be interested

Business

Petronas revenue jumps 15% to RM152.4b as energy investments lift first-half earnings

Business

Robo.ai swings to positive equity after US$46.7m first-half profit

By Alfian Z.M. Tahir

Business

ASM 2 Wawasan declares seven-year high payout of 5 sen a unit

Business

Property developer, Matrix Concepts sets RM1.8b FY2027 sales target

Business

Oil prices fall as Hormuz reopening hopes offset Iran tensions

Business

Malaysia’s international reserves stand at US$132.07b in July

Business

Questions over traceability of nearly 77,000 tonnes of K8 cargo at Tanjung Langsat