Greg Wasson Net Worth

Charles Walgreen, the founder of Walgreens, also served as the first top executive of the firm. Walgreen passed on in 1939, and was succeeded as President by his son Charles Walgreen Jr. The latter would be succeeded as President in 1969 by Charles Walgreen III. Charles Walgreen III served in that capacity until 1997, when he retired and was succeeded by Daniel Jomdt. Later on, David Bernauer took over as Chairman and CEO.
In 2006, Jeffrey Rein became the CEO, with Jeffrey Rein continuing to serve in the Chairman’s capacity. David Bernauer would retire as chairman in 2007, paving the way for Jeffrey Rein to take over as both Chairman and CEO. Rein stepped down in 2008. The current top executive at Walgreens is Gregory Wasson, who is the firm’s President, Chief Operating Officer (COO) as well as Chief Executive Officer (CEO) (Walgreen Co, 2010a; Jacovitz, 2008). The top executives at Walgreen Company are:
The company’s directors include: Alan McNally (who is chairman of the Board), Greg Wasson (the President and CEO),Stephen Davis, William Foote, Mark Frissora, Ginger Graham, Nancy Schlichting, David Schwartz, Alejandro Silva, and James Skinner (Yahoo Finance, 2010; Walgreen Co, 2010a). a. Financials: Walgreen Company has a robust financial position. With a market capitalization of 28. 33 billion, it returned 2009 sales worth $63 billion. Its net profits are estimated to stand at slightly over $2 billion.

In 2009, it had net assets worth about two and half times its liabilities (its net assets stood at $25. 1 billion while its liabilities were $10. 7 billion). This translates into a low gearing ratio, speaking very favorably of the firm’s short term and long term solvency. As stated earlier, Walgreen has had record sales for the last successive thirty five years, and has had an increase in the quarterly dividends it has paid out in all but one of these years (Walgreens, 2009; Yahoo Finance, 2010).
The charts below depict the firm’s increase in sales revenues and earnings over the last five years: Source: Walgreens (2009). 2. Literature Review: One of the models most commonly used to evaluate organizational cultures is the competing values framework put forward by Quinn and Rorbaugh (1983). This framework categorizes cultures into four distinct groups, based on: the degree of flexibility or stability, and the degree to which the organization focuses inwards or outwards. These four types of culture are the clan, adhocracy, market, and hierarchy cultures.

superadmin (28431)
New York University
DO YOU HAVE A SIMILAR ASSIGNMENT?

Hire an Expert to Help you

Hire Verified Expert

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Have a homework question? Get help from verified tutors now!

STAY HOME, SAVE LIVES Order your paper today and save 15% with the discount code MYHOMEWORKGEEKS30