After five years as CFO at Boots, Michael Snape has stepped down. Snape submitted his resignation in May. He has been replaced by Sam Hunter, former finance executive for Boots.
The move comes one year after the Walgreens Boots Alliance (WBA) abandoned the sale of Boots and the No7 Beauty Company.
Before Boots, Snape previously served as supermarket chain Tesco’s international CFO before joining WBA in 2018.
“During his time at Boots, Michael played a key role in successfully transforming Boots and we wish him all the best for the future and in his next role," said a Boots spokesperson.