Walgreens Names Former Cigna Executive Tim Wentworth New CEO (2)

Walgreens Boots Alliance Inc. appointed Tim Wentworth as its next chief executive officer, giving the industry veteran the challenge of turning around the beleaguered drugstore chain amid a faltering push into the wider health-care scene.

Wentworth, the former CEO of pharmacy-benefits manager Express Scripts who led its 2018 merger with Cigna Group, succeeds Rosalind Brewer, a longtime retail executive whose 2 1/2-year tenure saw the shares lose half their value. Alongside restocking a depleted C-suite, Wentworth will take on managing initiatives such as Walgreens’ move to open hundreds of doctors’ offices in its stores. The appointment will take ...