(Reuters) -The boss of British health and beauty retailer Boots is quitting after U.S. owner Walgreens Boots Alliance’s (NASDAQ:) plans for a sale or listing of the chain stalled, a person with knowledge of the matter said. situation.
Sebastian James, who has led Boots since 2018, will remain in the role until November before taking on a new role elsewhere, the person told Reuters.
Walgreens did not respond to Reuters’ request for comment outside business hours.
Sky News first reported James’ departure, saying he had played a role in health care.
Walgreens warned on Thursday about its profit prospects, saying it had no plans to sell Boots as it had decided to continue investing in it.
($1 = 0.7910 pounds)
