Walgreens Names Reuben Slone Senior Vice President of Supply Chain Management

DEERFIELD, Ill., April 18, 2012 - Walgreens (NYSE: WAG) (NASDAQ: WAG) today named Reuben Slone senior vice president of supply chain management. In this position, Slone will have leadership responsibility for distribution, transportation, systems integration and engineering, Lean and Six Sigma supply chain initiatives and community outreach, reporting to President of Community Management Mark Wagner. Slone will join Walgreens on May 16.

“Reuben has deep experience in leading supply chain operations, improving service and efficiency and driving innovation in the management of inventory from distribution centers to the stores,” said Wagner. “He is a great addition to Walgreens leadership team, and we are looking forward to his insights and perspective as we continue to focus on making our distribution system more effective for both our team members and customers.”

Slone comes to Walgreens from OfficeMax, where he served as executive vice president of supply chain and general manager of services. In his eight years with OfficeMax, he was responsible for inventory management, transportation and warehousing, strategic sourcing, real estate, store development, facilities, print and copy, B2B technology, managed print services, and break room and facilities maintenance products businesses. In addition, Slone managed front-end inventory at OfficeMax and oversaw supplier development. Prior to joining OfficeMax, Slone held various executive positions with Whirlpool, General Motors, Federal-Mogul, EDS and Ernst & Young.

Slone also serves as secretary of the board of directors of Aspire of Illinois, a non-profit organization serving children and adults with developmental disabilities.

Slone takes over supply chain management responsibility from Randy Lewis, who is transitioning to a new role with the company. Lewis will continue to help advise on the company’s programs for people with disabilities and will play a critical role in several of Walgreens key strategic initiatives.

“Randy has been and continues to be a valued leader at Walgreens,” said Wagner. “He has led the supply chain organization for 16 years with integrity, innovation and compassion. We are pleased that we will continue to benefit from his experience as we extend our ground-breaking hiring program for people with disabilities. Randy also will assist with Reuben’s transition and other strategic initiatives that take advantage of his 20 years with Walgreens.”

About Walgreens

As the nation's largest drugstore chain with fiscal 2011 sales of $72 billion, Walgreens (www.walgreens.com) vision is to become America’s first choice for health and daily living. 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 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. The company operates 7,847 drugstores in all 50 states, the District of Columbia and Puerto Rico. Take Care Health Systems is a Walgreens subsidiary that is the largest and most comprehensive manager of worksite health and wellness centers and in-store convenient care clinics, with more than 700 locations throughout the country.