The first black woman to lead an American company listed on the Fortune 500 | The companies

The first black woman to lead an American company listed on the Fortune 500 |  The companies

Rosalind Brewer, director of operations for the Starbucks coffee chain, will leave the company from March 15 and take on the role of president and chief executive officer of Walgreens Boots Alliance’s publicly traded company.

As the president and CEO of Walgreens, Rosalind Brewer is part of the Fortune 500 in the United States Top 500 Companies list published by Fortune magazine, which will be the only black woman to lead a company.

In a statement Tuesday after Starbucks announced the first executive of the day, the drugstore confirmed Rosalind’s hiring.

Rosalind’s departure from the Starbucks series comes at a time when investors, regulators and activists are pushing for greater diversity in US corporations. Nasdaq also proposed changes on boards of publicly traded companies listed on its stock exchange for greater racial and gender diversity.

Rosalind will be part of Walgreens This information was initially released by The Wall Street Journal, the leading US newspaper for economic news. With the announcement, shares of the drugstore chain rose nearly 8% in Nasdaq talks.

– Photo: Getty Images

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Cory Weinberg

About the author: Cory Weinberg

Cory Weinberg covers the intersection of tech and cities. That means digging into how startups and big tech companies are trying to reshape real estate, transportation, urban planning, and travel. Previously, he reported on Bay Area housing and commercial real estate for the San Francisco Business Times. He received a "best young journalist" award from the National Association of Real Estate Editors.

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