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His son Charles Rudolph Walgreen Jr. (March 4, 1906 – February 10, 2007) and grandson Charles R. Walgreen III both shared his name and played prominent roles in the company he founded. His daughter, Ruth Walgreen, married Justin Whitlock Dart , who left the Walgreens company after they divorced and went on to control the rival Rexall Drug ...
Walgreen, grandson of Charles Walgreen Sr., who founded the Walgreens drugstore chain in 1901, began his career with the company as a stock boy in 1952. [1] [2] He earned a pharmacy degree from the University of Michigan in 1958 and returned to Walgreens, rising through the ranks to become president in 1969, CEO in 1971, and chairman in 1976.
Walgreen Jr. started out as a buyer for the company. As head of the company he increased the profit and size of the drug store, encouraged new lines of products to be sold and changed the format from counter service to self-service. He relinquished his role in company in 1969 to his son Charles R. Walgreen III. [3] He died in 2007 at age 100. [3]
Biggert was born Judith Gail Borg in Chicago on August 15, 1937, the second of four children of Alvin Andrew Borg and Marjorie Virginia (Mailler) Borg. Her father worked for the Chicago-based Walgreen Co., the largest drugstore chain in the United States, for 41 years from 1928 to 1969, and served as its president from 1963 to 1969, succeeding Charles R. Walgreen Jr. and succeeded by Charles R ...
From January 2008 to January 2010, if you bought shares in companies when Charles R. Walgreen III joined the board, and sold them when he left, you would have a -2.4 percent return on your investment, compared to a -22.0 percent return from the S&P 500.
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