Stefano Pessina Net Worth is$6.4 Billion
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Stefano Pessina net worth: Stefano Pessina is an Italian businessman who has a net worth of $6.4 billion. Stefano Pessina is a former nuclear engineer who took over his family's pharmaceutical wholesaler Naples in 1977, and eventually he turned it into Alliance UniChem Group. In 2006, the group merged with the U.K. pharmacy chain Boots Group to form today's Alliance Boots. One year later he became the Executive Chairman of the company and has remained on that position ever since. The same year the Alliance Boots went private in a $22 billion deal with financing from leading global investment firm Kohlberg Kravis Roberts (KKR). Aiming for global expansion, Alliance Boots formed a strategic partnership with China's fifth largest pharmaceutical wholesaler, Nanjing Pharmaceutical, in September 2012. In addition to being Alliance Boots' executive chairman, Pessina sits on Walgreen's Board and on the Board of Directors of the Consumer Goods Forum. As of March 2013, he is named the 6th richest man in Italy.
Stefano Pessina is an Italian businessman. He has served as the Executive Chairman of Alliance Boots since 2007.
He graduated from the University of Milan as a nuclear physicist.
In 1977, he took over his family's pharmaceutical wholesaler, Naples, and turned it into Alliance SantA(C), a Franco-Italian pharmaceutical wholesale group. In 1997, it merged with Alliance UniChem, and he joined its Board of Directors. From 2001 to 2004, he served as its Chief Executive. He served as Executive Deputy Chairman, and later as Executive Chairman.
He has sat on the Board of Directors of Walgreens since August 2012. He also serves on the Board of Directors of the Consumer Goods Forum.
He has been separated from his wife Barbara since 2011, and he has two children. As of March 2012, he is worth US$2.6 billion. He lives in Monte Carlo, Monaco.

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Stefano Pessina Latest News

Walgreens Wins U.S. Approval for Rite Aid Deal on Fourth Try

Walgreens Chief Executive Officer Stefano Pessina, who had pushed for a transaction since the fall of 2015, said he was surprised by the roadblocks he faced over the lengthy negotiations with regulators. “We have been a little surprised by the ...
Posted: September 19, 2017, 9:20 am

Walgreens agrees to buy fewer Rite Aid stores to get FTC buy-in

The deal, once completed, will be a hard-won victory for Walgreens Chief Executive Officer Stefano Pessina, who has pushed for a transaction that could clear regulatory approval since the fall of 2015. The modified agreement, while reduced, will still ...
Posted: September 19, 2017, 7:21 am

FTC OKs $4.4 billion Walgreens-Rite Aid deal

“This is a significant moment for our company, and we are excited about the opportunities this agreement will deliver for our customers and patients, employees and investors,” said Walgreens Boots Alliance Executive Vice Chairman and CEO Stefano ...
Posted: September 18, 2017, 11:32 pm

Walgreens CEO Pessina on $4.38 Billion Rite Aid Deal

Sep.19 -- Stefano Pessina, chief executive officer at Walgreens Boots Alliance, talks with Bloomberg's David Gura about the company's restructured deal to acquire stores from Rite Aid Corp., which received U.S. regulatory approval Tuesday morning.
Posted: September 20, 2017, 9:14 am

Walgreens to grow by 1,932 stores with Rite Aid deal

“This is a significant moment for our company, and we are excited about the opportunities this agreement will deliver for our customers and patients, employees and investors,” said Stefano Pessina, Walgreens executive vice chairman and CEO, in a news ...
Posted: September 18, 2017, 10:00 pm
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