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Walgreens Boots Alliance names Alliance finance exec CFO
Deerfield, Ill. - Walgreens Boots Alliance Inc. has named George Fairweather, formerly group finance director of Alliance Boots, as executive VP and global CFO, effective Feb. 20. Fairweather will succeed Timothy McLevish, who served as Walgreens CFO since August 2014, where he oversaw the merger with Alliance Boots to form Walgreens Boots Alliance and served as the initial global CFO of the combined companies.
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Delhaize Group Q4 sales beat estimates
An extra week of sales and accelerating food inflation helped Delhaize Group, the owner of Food Lion stores, post profits that beat analyst estimates.
The company reported that fourth quarter U.S. revenues were $5.23 billion, a 12% increase from $4.67 billion the same period a year earlier. Same-store sales rose 3.6% in the U.S., but fell 6.9% in Belgium and 2.2% in Southeastern Europe.
