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Ex-UBS Boss Exits Family Office for $8 Billion Walgreens Fortune [Financial Post (Toronto, Ontario, Canada)]
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Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — A former UBS Group AG executive has stepped down as head of billionaire Stefano Pessina's family office, ending a decades-long business relationship that helped build the Walgreens Boots Alliance Inc. chairman's fortune. Edoardo Spezzotti recently retired as chief executive officer of Ergeny, the Monaco-based private investment firm for Pessina and his wife Ornella Barra, according to a person familiar with the matter, who asked not to be identified as the details are private. The 71-year-old was formerly vice-chairman of UBS's wealth-management division and chairman of its family office unit. Article content Article content He's replaced by Gregory Doyle, who most recently held a senior investment role at Canadian conglomerate Kruger Inc. A representative for 82-year-old Pessina – who has a net worth of $7.2 billion through Walgreens Boots, a
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