Boots finance chief quits a year after US parent's sale plan collapsed

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 67%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Michael Snape, who joined from Tesco in 2018, is being replaced by Sam Hunter as Boots The Chemist's chief financial officer, Sky News understands.

The finance boss of Boots, Britain's biggest high street pharmacy chain, has quit a year after its US parent abandoned plans to sell the business.

Sky News has learnt that Michael Snape resigned last month after just under five years as chief financial officer at the Nottingham-based company.It was unclear on Tuesday whether Mr Snape, joined the chemists chain in 2018 from Tesco, has another job to go to. In a statement, a Boots spokesman said:"After almost five successful years at Boots, Michael Snape, chief financial officer, Boots & No7 Beauty Company, has decided to leave the business.

"During his time at Boots, Michael played a key role in successfully transforming Boots and we wish him all the best for the future and in his next role." In June last year, Walgreens Boots Alliance terminated talks with prospective buyers after months of negotiations.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

British Airways, Boots and BBC among companies hit by cyber security attack\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Source: FT - 🏆 113. / 51 Read more »