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Boots CEO Sebastian James Resigns Following Abandoned Sale Plans

James to leave in November as Walgreens Boots Alliance halts sale for the second time in two years.

  • Sebastian James has led Boots since 2018 and will remain until November to oversee Christmas trading.
  • Walgreens Boots Alliance decided against selling or listing Boots on the stock market after a poor financial outlook.
  • Boots has shown strong sales growth, marking 13 consecutive quarters of market share increase.
  • Despite Boots' performance, Walgreens' share price dropped significantly, leading to cost-cutting measures.
  • James is set to take up a new role in the healthcare sector after his departure from Boots.
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