Alliance Boots boss quits

Alliance Boots chief executive Richard Baker quit the healthcare giant today as the company’s new owners announced a management overhaul.

Alliance Boots chief executive Richard Baker quit the healthcare giant today as the company’s new owners announced a management overhaul.

Mr Baker chose to depart following the £11.1bn (€16.4bn) sale to private equity firm Kohlberg Kravis Roberts and the firm’s own deputy chairman, Stefano Pessina.

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