Walgreen Co. (NYSE, NASDAQ: WAG) today announced the promotions of Wade
D. Miquelon to executive vice president and chief financial officer, and
John W. Spina to corporate vice president of retail integration and new
format development. The promotions were effective July 1.
Miquelon, 44, who joined Walgreens as senior vice president and chief
financial officer in June 2008, will continue responsibility for the
company’s accounting, tax and treasury functions, including investor
relations.
“In the short time he’s been with Walgreens, Wade has delivered
tremendous value while bringing effective change that’s showing
results,” said Walgreens President and CEO Greg Wasson. “We’re pleased
to recognize his work and the value he brings to the leadership team.”
Prior to Walgreens, Miquelon was executive vice president and CFO for
Springdale, Ark.-based Tyson Foods, Inc., the world’s largest processor
and marketer of chicken, beef and pork. Previously, Miquelon spent 16
years with The Proctor & Gamble Company, the world’s largest consumer
goods product company. During his career there, Miquelon was assigned to
the company’s headquarters in Cincinnati and offices in Bangkok,
Singapore and finally Geneva, Switzerland, where he was general manager
and head of finance for Western Europe operations.
Miquelon earned a bachelor of science degree in civil engineering from
Purdue University, West Lafayette, Ind., in 1987, and an M.B.A. in
finance and marketing from Washington University, St. Louis, in 1989.
Spina, 50, previously was Walgreens vice president and treasurer. In his
new role, he is responsible for bringing a more focused approach to how
Walgreens integrates new businesses. He will also work to develop new
store formats and increase performance from existing store formats
through more flexible layouts.
“Throughout his lengthy Walgreens career, John has demonstrated the
ability to uncover opportunities and lead teams through complex
projects,” said Wasson. “There’s no one better to take on this new
challenge as we seek more innovative ways to leverage the best store
network in America.”
Prior to being named treasurer in 2007, Spina spent 28 years in store
operations at Walgreens, starting as a service clerk in Daly City,
Calif. in 1979. He received a B.S. in business/accounting from
California State University, Hayward, in 1981 and became a store manager
two years later. Spina was promoted to district manager in 1996,
director of drug store administration in 2003 and store operations vice
president two years later. The company will name a new treasurer soon.
Walgreens (www.walgreens.com)
is the nation's largest drugstore chain with fiscal 2008 sales of $59
billion. The company operates 6,902 drugstores in all 50 states, the
District of Columbia and Puerto Rico. Walgreens provides the most
convenient access to consumer goods and services and cost-effective
pharmacy, health and wellness services in America through its retail
drugstores, Walgreens Health Services division and Walgreens Health and
Wellness division. Walgreens Health Services assists pharmacy patients
and prescription drug and medical plans through Walgreens Health
Initiatives Inc. (a pharmacy benefit manager), Walgreens Mail Service
Inc., Walgreens Home Care Inc., Walgreens Specialty Pharmacy LLC and
SeniorMed LLC (a pharmacy provider to long-term care facilities).
Walgreens Health and Wellness division includes Take Care Health
Systems, the largest and most comprehensive manager of worksite health
and wellness centers and in-store convenient care clinics, with more
than 700 locations throughout the country.
Walgreen Co.
Tiffani Washington, (847) 914-2925
http://www.walgreens.com
