is leaving his role and heading to a new job in health care after the stalled sale of the British beauty and pharmacy chain.has shaped how people access health and beauty products on the high street, and I am proud to have been part of a business that continues to hold a critical role at the center of the U.K. health and beauty sectors.”He will continue with the company until November, and the company said it has already begun looking for a successor.
Walgreens Boots Alliance first explored a sale of Boots and its No7 beauty brand in 2021, but later decided against it, citing the macro-economic environment and mounting speculation that the U.S. would fall into a recession. According to sources, Walgreens Boots Alliance tried once again to sell or float the business this year, but did not attract adequate interest.