Walgreens Boots Makes Pessina Permanent CEO

Walgreens Boots Alliance Inc. has named Stefano Pessina CEO, making permanent a role the executive has filled since the largest drugstore chains in the United States and Great Britain combined to create one of the world's biggest pharmaceutical purchasers. The 73-year-old Pessina was chairman of European health and beauty retailer Alliance Boots before engineering the combination with Walgreen Co.