The finance committee of Walgreens Boots Alliance’s board of directors has been reconstituted as the finance and technology committee. This committee will govern the strategic growth of its technology, including major customer initiatives, emerging innovations and significant trends, the company said.
Hsiao Wang will assume his new role on Sept. 26, and report to Brewer as a member of the executive leadership team. He will lead the strategy for WBA’s IT function and the implementation of its technology and digital innovation. He will focus on advancing WBA’s technology platform to deliver on the company’s strategic priorities, with an emphasis on its digital experience for customers and patients, including technology-enabled healthcare solutions for Walgreens and Walgreens Health.
Wang is an MIT-educated IT expert who specializes in the retail sector. He joins WBA from The Michaels Company where, as executive vice president and CIO, he oversaw product development, engineering and operations for all technology functions. Prior to that, he spent 16 years at Walmart in an array of roles with increasing leadership responsibility in technology and IT, culminating in his role as senior vice president and chief technology officer for Sam’s Club.
At Sam’s Club, he established artificial intelligence, robotics, image and speech recognition and mobile capabilities. He was instrumental in developing the future of automation, used AI and deep learning to accelerate operations to benefit the customer experience and reduced the average technology product development time from 12 to 18 months to four weeks.
“Joining a company with such strong consumer trust and a clear vision to be the leading partner in reimagining local health care and wellbeing for all is a tremendous opportunity. I am excited to work with an outstanding team to lead the continued transformation of technology and digital innovation at WBA, as well as unlock and create consumer-centric healthcare solutions,” said Wang.
[Read More: Walgreens Boots Alliance to retain ownership of U.K.-based Boots business]
Wang succeeds Francesco Tinto, senior vice president and CIO, WBA.
“We are very thankful to Francesco for accelerating our digital transformation, which has been integral to our company’s success. In many ways, he and his team have laid the groundwork that will enable our company to excel even further in the future,” said Brewer.