Walgreens Health and Wellness President Hal F. Rosenbluth to Retire In April; Will Continue with Company as Senior Consultant

DEERFIELD, Ill., February 25, 2011 - Walgreens (NYSE: WAG)(NASDAQ: WAG) today announced that Hal F. Rosenbluth will retire as President of its Health and Wellness division in April, but will continue with the company as a senior consultant to the CEO for health care services.

Rosenbluth was a co-founder of Take Care Health Systems, which was acquired by Walgreens in 2007. Prior to that, he led Rosenbluth International, a global travel management company, which he sold to American Express in 2003.

“Hal’s entrepreneurial spirit was instrumental to Walgreens as we expanded our pharmacy, health and wellness services through our Take Care retail clinics and worksite health centers,” said Walgreens President and CEO Greg Wasson. “He helped these businesses become key components of Walgreens broad set of health and wellness offerings. Under Hal’s leadership we have successfully restructured our sales and client services organization and have added to our clinical capabilities. We thank Hal for his vision, drive and commitment to help position our company for the future. Hal will continue to provide valuable counsel in this dynamically changing health care environment.”

Walgreens intends to continue to expand its pharmacy, health and wellness solutions to become America’s number one choice for health and daily living needs. “As patients increasingly become shoppers of health care, continuing to grow our services through our Take Care retail clinics and worksite health centers headquartered in Conshohocken, Pa., is central to executing our strategy of improving access and convenience in meeting the everyday needs of our patients and customers,” added Wasson.

“With our sales and client services organization now set up for success, and our health and wellness solutions further integrated within the company, this is the right time for me to make this transition,” Rosenbluth said. “It has been an honor and a privilege to be part of Walgreens, a company committed to providing affordable, accessible and high quality healthcare to meet the growing needs of this country.”

As part of Walgreens community based health solutions, the Take Care retail clinics and worksite health centers, led by Peter Hotz, will now report into Mark Wagner, President of the company’s Community Management division. The sales and client services organization, led by Chief Client Officer Joe Terrion, and clinical services, led by Chief Medical Officer Cheryl Pegus, will become part of the Walgreens Pharmacy, Health and Wellness Services and Solutions division, under Kermit Crawford, President of the division.

Walgreens (www.walgreens.com) is the nation's largest drugstore chain with fiscal 2010 sales of $67 billion. The company operates 7,670 drugstores in all 50 states, the District of Columbia and Puerto Rico. Each day, Walgreens provides nearly 6 million customers the most convenient, multichannel access to consumer goods and services and trusted, cost-effective pharmacy, health and wellness services and advice in communities across America. Walgreens scope of pharmacy services includes retail, specialty, infusion, medical facility and mail service, along with pharmacy benefit solutions and respiratory services. These services improve health outcomes and lower costs for payers including employers, managed care organizations, health systems, pharmacy benefit managers and the public sector. Take Care Health Systems is a Walgreens subsidiary that is the largest and most comprehensive manager of worksite health centers and in-store convenient care clinics, with more than 700 locations throughout the country.

 

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Walgreens Corporate Communications
Michael Polzin, 847-315-2920
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