After five years UK’s health and beauty company Boots’ CFO Michael Snape steps down. In May Snape submitted his resignation and he has now been replaced by Sam Hunter, former finance executive for Boots.
 
This comes one year after the Walgreens Boots Alliance (WBA) abandoned the sale of Boots and the No7 Beauty Company. 
 
Before Boots, Snape previously served as supermarket chain Tesco’s international CFO before joining WBA in 2018. 
 
“After almost five successful years at Boots, Michael Snape, Chief Financial Officer, Boots and No7 Beauty Company, has decided to leave the business,” a Boots spokesperson said.
 
“During his time at Boots, Michael played a key role in successfully transforming Boots and we wish him all the best for the future and in his next role.”