Stefano Pessina

Stefano Pessina

Italian billionaire businessman (born 1941)

Stefano Pessina (born 4 June 1941) is an Italian-Monegasque billionaire businessman; he was the executive chairman of Walgreens Boots Alliance until its acquisition by Sycamore Partners in 2025.2

From Wikipedia’s article on Stefano Pessina (this version), CC BY-SA 4.0.

Born Jun 4, 1941.1

Net worth $12.4B (as of 2019, per The World's Billionaires).15 Richest people

Companies

Early life and education

  • Date not recordedPolytechnic University of Milan3

Pessina was born in Pescara and grew up between Milan, Como, and Naples. He graduated from the Polytechnic University of Milan in nuclear engineering before starting his career in academia and later joining market research firm ACNielsen in Milan. He wanted to be a nuclear physicist but was discouraged by the tumultuous political climate of the 1970s.

From Wikipedia’s article on Stefano Pessina (this version), CC BY-SA 4.0.

Career

Occupation: businessperson, engineer, chief executive officer, entrepreneur.8

In 1977, Pessina took over his family's pharmaceutical wholesaler in Naples, founding Alleanza Farmaceutica. Following the merger with Ornella Barra's Di Farma, they founded Alleanza Salute (1986), which then became Alliance Santé (1988), a Franco-Italian pharmaceutical wholesale group. In 1997, it merged with UniChem to become Alliance UniChem. From 2001 to 2004, he was its CEO. He was deputy chairman, and later chairman. The company merged with Boots in 2006 and was taken private in July 2007. Pessina was chairman of Alliance Boots from 2007 to 2014, and was executive chairman of Walgreens Boots Alliance (WBA). He is a director of the Consumer Goods Forum. In July 2020, it was announced that Pessina would step down as CEO of WBA to take a less hands on role and replace Jim Skinner as executive chairman.

From Wikipedia’s article on Stefano Pessina (this version), CC BY-SA 4.0.

Personal life

  • BornJun 4, 1941, Pescara9
  • CitizenshipItaly10
  • Children211 12

Pessina is married to Ornella Barra; she was chief operating officer, international of Walgreens Boots Alliance. He was previously married to Barbara. They had two children. According to Bloomberg Billionaires Index, Pessina's net worth was estimated at US$6.7 billion as of October 2024.

From Wikipedia’s article on Stefano Pessina (this version), CC BY-SA 4.0.