NEW YORK, N.Y. – Walgreens Boots Alliance Inc.’s global chief information officer, Tim Theriault, is resigning for personal reasons.
The company, formerly called Walgreen Co., was formed when the drugstore operator completed its purchase of U.K. pharmacy operator Boots Alliance at the end of 2014.
Anthony Roberts, who had served as senior vice-president and international chief information officer, will assume the role of senior vice-president and global chief information officer of Walgreens Boots Alliance.
The company’s portfolio includes Walgreens, Duane Reade, Boots and Alliance Healthcare. It has more than 13,000 stores and 350 pharmaceutical distribution centres.
Walgreens, based in Deerfield, Illinois, had considered moving its headquarters to Switzerland following the buyout. The tactic is called a corporate inversion and is used to take advantage of lower tax rates.
The company decided against the move because the IRS probably wouldn’t approve an inversion, partly because of the terms of the Alliance Boots deal. It also acknowledged the public criticism, noting that many people were opposed to inversions and that it gets a lot of revenue from government-funded programs.
Its shares fell 21 cents to $85.84 in morning trading Friday.