Walgreens names new lead director

DEERFIELD, Ill. Walgreens today named current board of directors member Alan McNally to the position of lead director. McNally has served on Walgreens board since 1999.

McNally was chief operating officer of Harris Bank from 1993 to 2002 and chairman of the board of Harris Financial from 1998 to 2006. He is currently retired from those positions but continues to serve both organizations as a special advisor.

“Designating a lead director is becoming a standard good governance practice, making it the right time for us to take this action,” said Walgreens chairman and chief executive officer Jeffrey Rein. “Alan’s broad expertise, energy and enthusiasm make him well-suited for this new role.”