Dive Brief:

• Walgreen Co. Monday named Kraft Foods Group Inc. CFO Timothy McLevish to replace Wade Miquelon as CFO.

• The move comes as the drugstore retailer finalizes its $16 billion acquisition of UK drugstore chain Alliance Boots and nears a decision on moving overseas in a tax inversion plan.

• The Deerfield, IL-based drugstore retailer has faced some criticism from investors regarding its top management team and from politicians and others regarding its tax inversion plans, which entails moving its headquarters overseas to escape U.S. taxes.

Dive Insight:

Walgreens, the largest drugstore chain in the United States, appears to be getting its ducks in a row to quell any concerns about its management as it acquires the largest UK drugstore retailer. The acquisition of Boots makes moving Walgreens’ headquarters overseas easier because it increases the percentage of profits the company makes outside the States. A decision on the move is expected this month.