A Winning Leadership Team

A global leader in retail and wholesale pharmacy, Walgreens Boots Alliance (Nasdaq: WBA) operates in over 25 countries with 18,750 stores and 440,000 employees. Known for brands like Walgreens, Duane Reade, Boots, and Alliance Healthcare, WBA also has one of the largest global pharmaceutical distribution networks.

In the Netherlands, Alliance Healthcare (AHC) includes pharmacy retail brands Boots and Alphega, a wholesale division, dedicated patient care (Allcura), and a logistics provider (Alloga), generating over €1.3 billion in local revenue.

Challenge

With a compelling vision and driven by both autonomous growth and a series of mergers, acquisitions, and rebrands, AHC has evolved into a diversified business. To further strengthen its market position and expand its market share, AHC recognized the need for regular strategy verification and organizational transformation. This necessitated new leadership capable of shaping a modern, efficient organization and realizing ambitious growth targets. Kienbaum was tasked with finding several new leaders for the company’s board, including a new CFO and a new IT Director. These leaders needed to possess not only expertise in their respective fields but also a proven track record in managing transformation. Additionally, they had to align with the new leadership DNA to co-create the desired company culture.

Kienbaum's Approach

Kienbaum employed a comprehensive search and assessment process to identify candidates who met AHC’s stringent requirements. Our approach included:

Internal Assessment

Utilizing our advanced diagnostic tools, we conducted an internal assessment to evaluate the current leadership talent within Philips. This process involved a detailed analysis of potential internal candidates, ensuring they met the stringent criteria for the CEO role.

Tailored Diagnostics

We utilized customized diagnostic tools to evaluate candidates’ skills, experience, and cultural fit with AHC’s new leadership DNA.

Extensive Network

Leveraging our extensive network, we identified potential candidates with the necessary expertise in finance and IT, and experience in managing organizational transformation.