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Walgreen Co.

Walgreen Co.

Sector: Drug Stores And Proprietary Stores Region: IL, United States


: | New York Stock Exchange: WAG


Walgreen Co. operates as a drugstore chain in the United States. Its drugstores are engaged in the retail sale of prescription and non-prescription drugs and general merchandise, including household products, convenience and fresh foods, personal care, beauty care, photofinishing and candy. The company offers pharmacy, health and wellness solutions, which include retail, specialty pharmacy, infusion and respiratory services, mail service, convenient care clinics and worksite clinics. Walgreen offers pharmacy services that provide customers nationwide access to a variety of medications, services and programs for managing complex and chronic health conditions. The company offers its customers infusion therapy services, including the administration of intravenous medications for cancer treatments, chronic pain, heart failure, and other infections and disorders. It provides these infusion services at home, at the workplace, in a physician's office or in a Walgreens alternate treatment site. The company provides clinical services, such as laboratory monitoring, medication profile review, nutritional assessments, patient and caregiver education. Its advanced pharmacy system offers pharmacists easy access to patient prescription records, which allows access to refills and emergency supplies at any of its pharmacies, eases prescription transfers, and enables any Walgreens pharmacist to provide ongoing treatment consultation. The company's websites allow consumers to purchase general merchandise, including beauty, personal care, home medical equipment, contact lens, vitamins and supplements and other health and wellness solutions. It also offers services through Take Care Health Systems, which manages its Take Care Clinics at select Walgreens drugstores throughout the country and Take Care Health Employer Solutions that manages primary care, health and wellness, occupational health, pharmacy and fitness centers at large employer campuses. The company was founded by Charles R. Walgreen, Sr. in 1901 and is headquartered in Deerfield, IL.

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Executives

Gregory D. Wasson, President and Chief Executive Officer
Gregory D. Wasson is president and chief executive officer of Walgreen Co., and has served on the company’s board of directors since 2009.
Wasson joined Walgreens as a pharmacy intern in 1980 while a student at Purdue University’s School of Pharmacy in West Lafayette, Ind. After earning his bachelor’s degree in pharmacy in 1981, he managed several Houston Walgreens drugstores before being promoted to district manager in 1986. He was promoted to a regional vice president of Walgreens store operations in 1999.
In 2001, he was named a Walgreens vice president and executive vice president of Walgreens Health Initiatives, the company’s pharmacy benefit manager (PBM). Wasson was promoted to president of Walgreens Health Initiatives in 2002 and named a Walgreens senior vice president in 2004 and a Walgreens executive vice president in 2005. He became president and chief operating officer of Walgreens in 2007 and was appointed CEO in February 2009.
Wasson currently serves as chairman of the board of directors for the National Association of Chain Drug Stores. He also is a board member of the Retail Industry Leaders Association, the Healthcare Leadership Council, the Consumer Goods Forum, World Business Chicago, The Field Museum, the Museum of Science and Industry and the Midtown Educational Foundation. He is a member of The Economic Club of Chicago, The Business Council, The Wall Street Journal CEO Council and the civic committee of the Commercial Club of Chicago. He serves as chairman for the Illinois chapter of the American Cancer Society’s CEOs Against Cancer and has co-chaired Chicago fundraisers for ACS, Junior Achievement, the American Heart Association’s 2010 Chicago Heart Ball and the Chicago Academy of Sciences 2011 Annual Butterfly Ball to benefit the Peggy Notebaert Nature Museum.
Wade D. Miquelon, Chief Financial Officer
Wade D. Miquelon is executive vice president and chief financial officer for Walgreen Co., based in Deerfield, Ill.
Miquelon joined Walgreens in June 2008 from Springdale, Ark.-based Tyson Foods, Inc., the world’s largest processor and marketer of chicken, beef and pork, where he was an executive vice president and CFO since 2006. Prior to that, Miquelon spent 16 years with The Procter & Gamble Company, the world’s largest consumer goods product company, where he was assigned to the company’s headquarters in Cincinnati and offices in Bangkok, Singapore and finally Geneva, Switzerland, where he was general manager and head of finance for Western Europe operations.
Miquelon’s other affiliations include serving on the board of directors for both the Chicago Shedd Aquarium and Chicago Lyric Opera. He also serves on the dean’s advisory board for University of Arkansas’s Sam Walton School of Business.
He received a bachelor’s degree in civil engineering from Purdue University in West Lafayette, Indiana in 1987 and a masters of business administration degree from Washington University, St. Louis, in 1989.
Thomas Sabatino, Executive Vice President - General Counsel, Corporate Secretary
Thomas Sabatino, Jr. is executive vice president general counsel and corporate secretary for Walgreen Co., based in Deerfield, Ill.
He joined Walgreens in September 2011 after having held general counsel roles with United Airlines, Inc., Schering-Plough Corporation, Baxter International Inc., and American Medical International, Inc.
After beginning his career with a law firm and then moving into corporate law, Sabatino was named president and CEO in 1990 of privately-held medical products manufacturer and distributor Secure Medical, Inc., of Mundelein, Ill. In 1992, he joined American Medical International, a Dallas-based for-profit hospital chain with 40 acute-care hospitals. Three years later he joined Baxter International and was named senior vice president and general counsel for the company in 1997.
Sabatino moved to Schering-Plough in 2004 as executive vice president and general counsel for global law and public affairs.
In March 2010, he was appointed general counsel of United Airlines and immediately took a leading role in its merger negotiations with Continental Airlines, Inc. Sabatino left United Continental Holdings, Inc. in 2011 after completion of the merger.
Sabatino earned a bachelor of arts degree from Wesleyan University in Middletown, Conn., in 1980 and his law degree from the University of Pennsylvania in Philadelphia in 1983.
He is a member of the bar in Massachusetts, Illinois, California and New Jersey. He serves on the board of directors and the executive committee of the Association of Corporate Counsel; the advisory board of Corporate Pro Bono; and is on the general counsel committee of the American Bar Association.
His current charitable affiliations include the board of directors of both Trinitas Regional Medical Center in Elizabeth, N.J., and senior advisor for One Hundred Women Making a Difference.

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