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Walgreens names new cfo

5/13/2008

DEERFIELD, Ill. Walgreens has named Wade Miquelon senior vp and cfo, effective June 16. He will replace William Rudolphsen, who has been named to the new role of senior vp and chief risk officer.

Miquelon comes to Walgreens from Springdale, Ark.-based Tyson Foods, where he was an evp and cfo since 2006. Prior to that, Miquelon spent 16 years with The Proctor & Gamble Company.

As cfo, Miquelon will have responsibility for the company’s accounting, tax and treasury functions, including investor relations.

Rudolphsen becomes the company’s first chief risk officer and will oversee the audit, loss prevention, compliance and enterprise risk management functions.our focus on risk identification and mitigation is a prudent move. We’re glad to have a person of Bill’s caliber and integrity in such a role.”

Rudolphsen joined Walgreens as a staff accountant in 1977. He was named director of third party accounting in 1995 and a divisional vp and controller in 1998. Rudolphsen was promoted to cfo in 2004.

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