Roz Brewer was recently named CEO of Walgreens Boots Alliance, becoming one of just two Black women leading Fortune 500 companies. She has an innovative approach to leadership, and the bottom line reveals she is good for business. In a TODAY exclusive, Hoda Kotb sat down with her.
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THE BOTTOM LINE REVEALS THAT BREWER IS ALSO VERY, GOOD, FOR, BUSINESS., >>, SOMETIMES, WE, USE, OUR, VOICES, BY, SAYING, WE, BELONG, HERE, GET, USED, TO, US., >>, Reporter:, AS, THE, LEADER, IN, HER, FIRST, COMPANY, SALES, GREW, TO, MORE, THAN, $1, BILLION., >>, IT, WAS, FORWARD, THINKING., >>, Reporter:, WHEN, ROZ, BREWER, TOOK, THE, REINS, AT, HER, NEXT, SAM’S, CLUB, SHE, MODERNIZED, THE, BUSINESS, AND, BOOSTED, PROFIT., THEN, SHE, STEPPED, IN, AS, COO, OF, STARBUCKS, AND, OVERHAULED, THE, WAY, THEY, TREAT, THEIR, CUSTOMERS., ALL, THAT, -- >>, BREWER, WILL, BE, HEADING, TO, WALGREENS, AND, WILL, BE, THE, CEO., >>, Reporter:, -- WAS, A, WARM-UP., YOU’RE, JOINING, WALGREEN’S, IN, THE, MIDDLE, OF, A, PANDEMIC., THAT, WAS, PRESSURE., IT, IS, NOT, AN, EASY, ENTRY., >>, NOT, AT, ALL., I, SAID, THIS, IS, A, TIME, FOR, ME, TO, STEP, INTO, SOMETHING, I’VE, ALWAYS, WANTED, TO, DO, AND, HAS, TO, HAVE, IMPACT, MAKE, CHANGE, HAPPEN, LEAD, SOMETHING, THAT, WOULD, LEAVE, AN, IMPRESSION, ON, PEOPLE’S, LIVES., AS, I’VE, SEEN, PEOPLE, YOU, KNOW, GET, THEIR, FIRST, SHOT, AND, THEY, LOOK, BACK, AT, OUR, PHARMACISTS, AND, THEY’RE, CRYING, AND, IN, TEARS, I, KNOW, I’VE, MADE, THE, RIGHT, DECISION., >>, Reporter:, AT, 59, ROZ, BREWER IS A WIFE, MOTHER OF TWO, AND NOW THE CEO, OF, THE, LARGEST, COMPANY, EVER, RUN, BY, A, BLACK, WOMAN., HAVE, YOU, EVER, BEEN, TOLD, THAT, YOU, ACTUALLY, HAVE, ADVANCED, BECAUSE, OF, YOUR, RACE?, >>, I, HAVE, HAD, SEVERAL, SIMILAR, KMEPTS, S, COMMENTS, TO, THAT, AS, IF, I’M, A, TOKEN., I’VE, HAD, THAT., I’VE, HAD, THE, COMMENTS, THAT, YOU, KNOW, YOU’RE, NOT, AS, SMART, AS, YOU, THINK, YOU, ARE., I’VE, HAD, A, LOT, OF, THOSE, HODA., I, REFER, OFTEN, TO, A, SITUATION, WHERE, I, WAS, AT, A, MEETING, JUST, FOR, CEOs., I, HAD, ONE, GENTLEMAN, ASK, ME, CONSTANTLY, WHAT, DID, I, DO, FOR, A, LIVING?, ALMOST, LIKE, WHY, ARE, YOU, HERE?, HE, MUST, HAVE, ASKED, ME, 20, QUESTIONS, LIKE, MARKETING, SALES?, IT, WAS, LIKE, NO., IT, WAS, SO, FUNNY., I, HAPPENED, TO, BE, THE, KEYNOTE, SPEAKER, FOR, THE, PRIVATE, LUNCH, CHON., AI, I, ASSUMED, MY, POSITION, ON, THE, STAGE, AND, I, SAW, HIS, FACE, TOTALLY, DRAIN., I, FEEL, AS, IF, I’M, GOING, TO, TEACH, A, COUPLE, LESSONS, THROUGH, THIS, AND, I, AM, GOING, TO, BE, MY, BEST., >>, Reporter:, THAT, DRIVE, WAS, INSTILLED, AT, AN, EARLY, AGE., BREWER, GREW, UP, IN, DETROIT, THE, YOUNGEST, OF, FIVE, KIDS., HER, PARENTS WORKED THE ASSEMBLY LINE AT GENERAL MOTORS.
YOUR PARENTS DIDN’T, GO, TO, COLLEGE, BUT, THEY, WANTED, TO, MAKE, SURE, THEIR, KIDS, DID., HOW, DID, THEY, MAKE, THAT, CLEAR, TO, YOU, THAT, THAT, WAS, THE, PLAN?, >>, ABSOLUTELY., IT, WAS, FROM, DAY, ONE., IT, WAS, NOT, -- THERE, WAS, NO, OTHER, OPTION., MY, DAD, WORKED, THREE, JOBS, BUT, FOR, EVERY, EVENT, THAT, I, HAD, IN, MY, LIFE, HE, WAS, ALWAYS, THERE., AND, I, REMEMBER, ONE, EVENT, WHERE, I, THOUGHT, I, WAS, GOING, TO, GET, YOU, KNOW, THE, GOLD, RIBBON, AND, I, ENDED, UP, GETTING, AN, HONORABLE, MENTION., I, REMEMBER, FEELING, GUILTY, BECAUSE, I, WAS, LIKE, HE, LEFT, WORK, EARLY, ONE, OF, THE, THREE, JOBS, AND, ALL, I, GOT, WAS, AN, HONORABLE, MENTION., IT, BROKE, MY, HEART, BUT, HE, WAS, SO, PROUD., >>, Reporter:, BREWER, STUDIED, CHEMISTRY, HERE, AT, THE, PRESTIGIOUS, SPELLMAN, COLLEGE, FORGING, A, LIFELONG, CONNECTION, TO, THE, INSTITUTION, AND, A, MISSION, TO, PAY, IT, FORWARD., SO, IT’S, YOUR, MOM, DAD, AND, SPELLMAN?, >>, ABSOLUTELY., MY, MOM, MY, DAD, AND, SPELLMAN, COLLEGE., >>, Reporter:, BREWER’S, FATHER, WHO, BEAMED, EVEN, AT, THE, HONORABLE, MENTION, WOULDN’T, LIVE, TO, SEE, HIS, DAUGHTER, EARN, THAT, DIPLOMA., HE, DIED, SIX, WEEKS, BEFORE, GRADUATION., HOW, OFTEN DO YOU THINK ABOUT WHAT HE WOULD BE THINKING OF, YOU, LIKE, IN, THIS, MOMENT, MAYBE?, >>, OH, MY, GOD., I, CLEARLY, KNOW, HE, WOULD, BE, QUITE, EXCITED., HE, WOULD, BE., I, THINK, ABOUT, THAT, A, LOT., IN, THE, FACE, OF, DAUNTING, ODDS, SPELMAN, WOMEN, PERSEVERE., >>, Reporter:, THE, FIRST, BLACK, WOMAN, IS, A, PHRASE, THAT, MOST, OFTEN, PRECEDES, HER, NAME, BUT, FOR, BREWER, THAT, JUST, MEANS, SHE, HAS, MORE, WORK, TO, DO., IN, 2018, A, STARBUCKS, MANAGER, CALLED, THE, POLICE, AFTER, TWO, BLACK, MALES, SAT, WITHOUT, ORDERING., BREWER, THE, COMPANY’S, COO, SPRANG, INTO, ACTION., YOU, DOVE, INTO, THAT, ONE, HEAD, FIRST, BECAUSE, TO, YOU, IT, WAS, PERSONAL., >>, IT, WAS, VERY, PERSONAL., I, SAW, THESE, TWO, YOUNG, MEN, AND, WHAT, REALLY, STRUCK, ME, WAS, THEY, WERE, THE, SAME, EXACT, AGE, AS, MY, SON, JOHN., THIS, COULD, HAVE, HAPPENED, TO, HIM., >>, Reporter:, WOW., WHAT’D, YOUR, SON, SAY?, >>, WELL, HE, TEXT, ME, RIGHT, AWAY, BECAUSE, YOU, KNOW, THIS, HIT, BLACK, SOCIAL, MEDIA, BEFORE, IT, HIT, ANYWHERE, ELSE., HE, TEXT, ME, AND, SAID, "MOM, YOU, HAVE, TO, GET, AFTER, THIS, RIGHT, AWAY.", >>, WE, HAD, A, VERY, CONSTRUCTIVE, MEETING., >>, Reporter:, STARBUCKS, DID, SOMETHING, YOU, DON’T, HEAR, VERY, OFTEN.
THEY SAID THEY WERE SORRY.
WITHIN A MONTH, CLOSED 8,000, STORES, FOR, RACIAL, BIAS, TRAINING., WHAT, MIGHT, HAVE, BEEN, A, PUBLIC, RELATIONS, DISASTER, BECAME, BREWER’S, TRIUMPH., DOES, SEEM, LIKE, YOU, WERE, PUT, IN, THESE, POSITIONS, AND, SITUATIONS, AND, DO, YOU, BELIEVE, THAT, THERE, IS, SOME, DIVINITY, HERE?, >>, YOU, KNOW, I, DO, THINK, IT, IS., BECAUSE, I’M, NOT, ON, THAT, MISSION, YOU, KNOW?, I’M, SOMEBODY’S, MOM, SOMEBODY’S, WIFE, AND, I’M, SOMEBODY’S, LEADER, BUT, I’M, NOT, THAT, ACTIVIST., I, FEEL, LIKE, THIS, IS, DIVINE, ORDER., THE, WORLD, IS, BEFORE, YOU, AND, YOU, NEED, NOT, TAKE, IT, OR, LEAVE, IT, AS, IT, IS., MAKE, IT, DIFFERENT, FROM, WHEN, YOU, CAME, IN., THAT, IS, MY, GUIDING, COMPASS., >>, Reporter:, TO, THAT, END, WHEN, WILL, SHE, FEEL, HER, WORK, IS, DONE?, >>, LIKELY, NEVER., LIKELY, NEVER., YOU, KNOW, I, SEE, SO, MANY, ILLS, THAT, STILL, YOU, KNOW, NEED, ENERGY, AND, NEED, A, VOICE, AND, I, HOPE, THAT, I, CAN, STILL, BE, THAT, PERSON, TO, MAKE, CHANGE, HAPPEN., I, REALLY, HOPE, SO., >>, WOW., >>, I, MEAN, WEIRDLY, IF, I, WASN’T, WORKING, HERE, I, KIND, OF, WANTED, TO, WORK, AT, WALGREENS., >>, FOR, ROZ, BREWER., >>, I, LOVED, HER, WHOLE, VIBE., SHE, STARTED, AS A SCIENTIST.
I SAID, HOW DOES SCIENCE AND, BUSINESS, WORK?, SHE, SAID, IN, SCIENCE, YOU, ANALYZE, DATA, AND, YOU, MAKE, QUICK, DECISIONS., SO, SHE, LEARNED, THAT, DECISION-MAKING., THE, OTHER, COOL, THING, SHE, SAID, IS, WHEN, SHE, HIRES, PEOPLE, SHE, ASKS, A, QUESTION., YOU’RE, AT, YOUR, KID’S, SOCCER, GAME, AND, I, CALL, YOU, WHAT, DO, YOU, SAY., THEY, SAY, I, PUT, THE, PHONE, DOWN, AND, RUN, TO, YOU., SHE, SAID, NO, NO., A, HAPPY, EMPLOYEE, IS, THE, PRODUCTIVE, ONE., SHE, SAID, YOU, SAY, "I’LL, CALL, YOU, IN, 30, MINUTES,", AND, I’M, GOOD, WITH, THAT., MY, DAUGHTER, WON, TRACK, REGIONALS, ON, FRIDAY, AND, MONDAY, I, HAD, A, SKIP, IN, MY, STEP., I, WANT, HAPPY, PEOPLE, WORKING, HERE., I, WAS, LIKE, THAT, IS, AWESOME., >>, ROZ, BREWER., >>, I, HOPE, OUR, BOSSES, ARE, LISTENING., >>, ROZ, BREWER, THAT, WAS, GREAT., >>, WE, HAVE, MORE, ON, THAT, IF, YOU, WANT, TO, SEE, MORE., OUR, FULL, INTERVIEW, IS, AT, TODAY.COM/ALLDAY., IT’LL, BE, AT, 11:00, AND, 8:00, EASTERN., >>, SHE, USED, HER, SCIENCE, BACKGROUND, AT, WALGREENS, DURING, THE, PANDEMIC, IN, A, WAY, SHE, COULDN’T, AT, STARBUCKS., >>, I, THINK, SHE, HAD, AN, AWARENESS, THAT, ANOTHER, CEO, WOULDN’T, HAVE.
This year, 52 companies out of 500 are led by female CEOs. That's an 18% increase from 44 this time last year. Twelve CEOs were hired to their jobs within the past year, a rate that reflects the rapid pace of executive turnover post-pandemic.What is Rosalind Brewer leadership style? ›
Rosalind also attributes gaining success as a leader by being a “whole person” who balances family, community, and work. Sometimes it is hard as a leader to know what decisions to make. Rosalind acts as an inspiration to not only all women but also women of color, reassuring them that reaching the summit is possible.Who are some female CEOs? ›
- Karen Lynch.
- Sin Yin Tan.
- Rosalind Brewer.
- Gail Boudreaux.
- Mary Barra.
- Sarah London.
- Carol Tomé
- Catherine MacGregor.
Chief Executive Officer, Walgreens Boots Alliance, Inc.Who was the first female CEO of a Fortune 500 company? ›
Still, doors are opening ever-so-slowly thanks to pioneering leaders like Katherine Graham, the first woman to hold the position of CEO at a Fortune 500 company.What is the largest company with a female CEO? ›
CVS Health is the largest company, by leaps and bounds, to be led by a female CEO, Karen Lynch; the second-highest-ranking business led by a woman is Mary Barra's General Motors.Who is the highest paid female CEO in the US? ›
The women who lead Equilar 100 companies.
Julie Sweet of Accenture, whose compensation totaled $33.7 million in 2022, was the highest-paid woman CEO in the study.
The same study demonstrated that organizations with female CEOs have more success producing "superior stock price performance, compared with the market average." And in their first two years in the CEO role, these women's companies saw a "20% boost in stock price momentum."How many female CEOs are in America? ›
This month, for the first time in the Fortune 500 list's 68-year history, more than 10% of Fortune 500 companies are led by women. The Jan. 1, 2023 start dates of five new Fortune 500 chief executives brought the number of female CEOs up to 53, pushing the tally over the long-awaited threshold.How much does the CEO of Walgreens make? ›
Walgreens Boots Alliance's CEO is Roz Brewer, appointed in Mar 2021, she has a tenure of 2.33 years. Her total yearly compensation is $17.29M , comprised of 8.7% salary and 91.3% bonuses, including company stock and options. She directly owns 0.013% of the company's shares, worth $3.30M.
However, Walmart and Walgreens share the same key shareholder, The Vanguard Group. Regardless, Walmart is primarily owned by the Walton family while Walgreens is owned by the Walgreens Boots Alliance. Walmart is a much larger company than Walgreens as the largest retail corporation in the world by revenue.What major company owns Walgreens? ›
Walgreens Boots Alliance is an Illinois-based retail pharmacy and wholesale pharmaceutical multinational and the parent company of such drugstore chains as Walgreens and Boots. The company was formed in 2014 after Walgreens purchased the remaining 55% of Alliance Boots.What percentage of CEOs are female? ›
So yes, 10.6% of Fortune 500 CEOs being women may seem a meager milestone, but it represents something so much greater: where we're headed. It may not be a leap, but this is an important step forward. Each threshold we cross, each barrier we break brings us closer to parity.How many female CEOs are in the top 100 companies? ›
Too few women in senior roles
However, there are still only nine female CEOs in the FTSE 100, including Severn Trent's Liv Garfield. None are women of colour. In the FTSE 350, there are just 19, according to the Pipeline, 6% of the total.
Of the S&P 500 companies, 459 CEOs are male and just 41 are female. Over the past decade, the difference in returns is 384 percent from female-led companies vs. 261 percent from male-led companies, that report found. Not all of those companies had a female at the help the entire time, the report noted.How many Fortune 1000 companies have female CEOs? ›
Only 8.8% of Fortune 500 CEOs are women. 6.6% of S&P 500 companies are run by women. Thirty-seven Fortune 1000 companies are managed by women. A total of 186 Russell 3000 companies have female chief executive officers.