Chief Executive Officer & Director, Walgreens Boots Alliance
Search every verified Timothy Wentworth interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Timothy Wentworth, chief executive officer of Walgreens Boots Alliance, has described the company’s turnaround as a multi-year effort, stating that fiscal 2025 is a “rebasing year.” During the company’s first-quarter 2025 earnings call, he said the company had completed all contract negotiations for calendar 2025 and had made progress in adjusting contract dynamics with commercial, Medicare, and Medicaid plans. Wentworth noted that the company had sequenced approximately 450 additional store closures and expected to significantly ramp the pace of closures from the first-quarter level. He also stated that the company was underway with a sale process for Village Medical and remained committed to exiting that investment, with the intent to redeploy proceeds to reduce net debt. In media appearances, Wentworth said Walgreens would compete with Amazon through its “human interface” in communities and neighborhoods, citing 8,600 locations where customers can speak with pharmacists. He told CNBC that the company was consulting with deans from pharmaceutical schools to redesign the community pharmacy workplace and curricula. On a podcast, Wentworth discussed his career and said leaders should “acknowledge reality and give hope” during a crisis. He also performed a Christian song titled “Even If” in a September 2025 video, singing lyrics that included “my hope is you alone.”
“The only thing that's actually come in as it was expected for the last 10 years plus is the Medicare Part D drug plan because of PBMs — the net cost of drugs including specialty was largely single‑digit increases over that period of time.”
“You can't do what you need to do to get the best price as a government buyer — the way to get the best price is to pose a threat that you will remove their product from the formulary, and governments are politically constrained from doing that.”
“When I joined the industry generics were about 42% of prescriptions; today it's over 90% — PBMs, leveraging plan designs and channels like mail service, played a huge role in driving generic substitution.”
“Get culture and career pathing from a company — those are the two C's to get first. If you pick those, you don't have to do a lot of BS.”
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01/10/2025 Q&A: 21:50 Walgreens Boots Alliance, Inc. operates as a healthcare, pharmacy, and retail company in the United ...
If you wanna have it on Spotify: https://open.spotify.com/episode/7Eb7ev5khcOmmpysG7RiP0?si=QYaD45iCR9qQp4GWGulHJg ...
10/15/2024 Q&A: 29:35 Walgreens Boots Alliance, Inc. operates as a healthcare, pharmacy, and retail company in the United ...
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Welcome to the full audio recording of Walgreens Boots Alliance's Q3 2024 earnings call. Discover key insights, financial results, ...
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