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Stefano Pessina, born on June 28, 1941, is the Executive Chairman and former Acting CEO of Walgreens Boots Alliance. He holds an MBA from the University of Naples and has been deeply involved in the pharmacy field for many years....

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Stefano Pessina

Ex-CEO of Walgreens Boots Alliance

Education

MBA from the University of Naples

Sector of Economy

Healthcare

Born

June 28, 1941 - 83 years ago

CEO of Walgreens Boots Alliance for

5 years 2 months (Dec 2015 - Mar 2021)

Previous Experience

CEO of Alliance Boots

Holdings

See how much did Stefano Pessina make over time.

Stefano Pessina's holdings in Walgreens Boots Alliance witnessed considerable ups and downs over the years. In September 2019, the company's market value peaked at $8.82 billion but saw a drop to about $5.22 billion by September 2020 as the pandemic...

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Insider Trading

See recent insider trades of Stefano Pessina.

WBA

374,883 shares

WBA

Oct 23, 2024

Received

WBA

207,039 shares

WBA

Oct 25, 2023

Received

WBA

371,281 shares

WBA

Oct 26, 2022

Received

WBA

164,681 shares

WBA

Oct 19, 2021

Received

WBA

94,539 shares

WBA

Oct 28, 2020

Received

WBA

76,570 shares

WBA

Nov 1, 2019

Received

WBA

92,102 shares

WBA

Oct 28, 2019

Received

WBA

90,605 shares

WBA

Oct 23, 2018

Received

WBA

$108.50M

WBA at $63.92/share

Jul 16, 2018

Purchase

WBA

$7.52M

WBA at $76.07/share

Jan 15, 2018

Sale

Compensation History

See how much did Stefano Pessina make over time.

In 2021, Pessina reported a total compensation of only $131,064, all from limited perks. He opted out of any salary, bonus, or stock grants, which reflects his philosophy of aligning executive pay with company performance. This choice followed a fiscal year in 2020 where his compensation was significantly higher at about $17.8 million, mainly due to vested stocks amid pandemic challenges. His approach of prioritizing long-term performance metrics over immediate financial gain stands out and signals a commitment to the company’s future success rather than short-term profits.

Year

2021

Total Compensation

$131.06K

Salary

$0.00

Board Justification

Mr. Pessina's decision to forgo compensation aligns with the company's focus on leadership transition and performance-based pay.

Bonus

$0.00

Board Justification

Mr. Pessina elected to receive no compensation for fiscal 2021, other than limited perquisites.

Other

$131.06K

Board Justification

Includes limited perquisites such as personal use of the Company's aircraft and tax advice.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were made to Mr. Pessina for fiscal 2021 as he elected not to receive compensation.

Performance Metrics

N/A

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