As US drugstore chain Walgreens readies to buy up the 55% shares in British pharmacy Boots that it does not already own, it has confirmed that Boots chairman Stefano Pessina will be appointed as vice chairman of the business.
Pessina is a big stake holder in the Boots business
Pessina is currently co-owner of the Boots outstanding shares, which he shares with private equity company KKR in a deal that was sealed back in 2007. It is estimated that the value of the shares is approximately €2bn.
Italian-born Pessina took over his family’s pharmaceutical business in the 1970s and turned it into a Franco-Italian multinational called Alliance Santé, before that business was merged with UniChem in 1997.
He became an active member of the Walgreens board of directors in August 2012 and also serves on the board of directors for the Consumer Goods Forum.
Croda announces two new positions
Croda’s New Jersey-based US operations has announced the appointments of Annie Lamoureux as sales representative for exports, together with Kim Douglass as key account manager for the company’s personal care operations.
Based in Edison, Lamoureux joined Croda in 2011 as account manager of industrial chemicals, and more recently has been account manager for the company’s personal care operations in the Southwest region.
In her new role she will be supporting the business’s personal care and health care export sales, with a particular focus on Europe, Africa and the Middle East.
Douglass is joining the company for her new role and will be based in Dallas, Texas, where she will be responsible for personal care sales in the Southwest region.
Previously she has worked for Univar USA in the position of marketing and sales development and as account manager.