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Re: Prudent Capitalist post# 2270

Thursday, 12/11/2014 10:09:03 AM

Thursday, December 11, 2014 10:09:03 AM

Post# of 3158
Normal Retirement: I doubt it.

Greg Wasson CEO retired under pressure from Walgreens stockholders, S.Pessina, Jana, and the Big One Vanguard.
He didn't have the Boards support or the large Investor holders going in 2015, as Wasson tried to hide behind the dismissals of his Pharmacy President and CFO, and lay the Blame on them for the AB financial projection.
Even with all the Press and Misdirection on this Short Fall, these Inside Investors didn't buy that story line,

I think the "Change to Win" SEC filing was the final nail in his continuing as CEO, as the CtW filing laid out the financial overpayment for AB and unrealistic Valuation synergy, and then adding a no stockholder voted Hedge fund executive onto Walgreens Board as private meetings were held in Paris laying out a Inversion savings plan that Failed.

Next to Go will be Walgreens Board of Director Mark Fissora, as a reorganization of Walgreens operational model takes place..
As you can see today, the market is Voting and they are happy he is gone.
Investors may see more volatility from here on out..

Good luck trading!!!


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