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Walgreens Promotes Magnacca

Named executive vice president.

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By: TOM BRANNA

Editor

Walgreens promoted Joseph Magnacca from senior vice president to executive vice president. Magnacca also retains his title as president of daily living products and solutions.

Magnacca oversees Walgreens merchandising and inventory strategy, private brands, insights and analytics, and the New York-based Duane Reade drugstore chain, which Walgreens acquired in 2010. A retail industry veteran of more than 20 years, Magnacca joined Duane Reade in 2008 as senior vice president and chief merchandising officer. He was later promoted to executive vice president at Duane Reade and then to president of the drugstore chain following its acquisition by Walgreens. He was named Walgreens president of daily living products and solutions in 2011.

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