Boots appoints new managing director

Boots has announced the appointment of Sebastian James as its new president and managing director.

Mr James will also become a senior vice-president for Boots' parent company Walgreen Boots Alliance, and will contribute to the group in a number of key areas when he joins the company in summer 2018.

He has been hired from Dixons Carphone, where he has served as group chief executive since 2014, overseeing operations in nine countries and a workforce of more than 42,000 people. He has previously led Dixon Retail, Synergy Insurance Services and Silverscreen Holdings.

Elizabeth Fagan, who has led Boots since June 2016, will continue working with the company when Mr James takes up his role on September 1st. She will take on the newly-created role of non-executive chairman of Boots at this point.

Alex Gourlay, co-chief operating officer for Walgreens Boots Alliance, said: "We are delighted that Sebastian will join our company at an equally exciting and challenging time for the retail environment in the UK and for the future development of Boots."

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