Manmohan Mahajan has been named interim global CFO of the company as Jame Kehoe, current executive vice president and global CFO, plans to leave the company for a role in the technology sector in mid-August.
Walgreens said it aims to “fill the role with a leader who not only brings deep financial acumen … but also healthcare experience.”
Walgreens posted a profit of $118 million for the third quarter of fiscal year 2023, down from a profit of $289 million in the prior year period. The third-quarter results led the company to revise its yearly outlook to between $4 and $4.05 a share from $4.45 and $4.65 a share.
