Wade Miquelon Executive Vice President and Chief Financial Officer
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Wade Miquelon
Executive Vice President and Chief Financial Officer for Walgreens, based in Deerfield, Ill.
Division:
Value Creation Services
Started at Walgreens:
2008
Biographic Summary:
Wade D. Miquelon has been Chief Financial Officer of Walgreen Co. since June 16, 2008 and serves as its Executive Vice President. Mr. Miquelon is responsible for all areas within the Value Creation Services umbrella, including Walgreens Finance, Accounting, Process Improvement, Corporate Treasury, Strategy, Tax, M&A, Audit, Risk, Market Planning and Strategic Sourcing divisions. Mr. Miquelon served as Chief Financial Officer and Executive Vice President of Tyson Foods Inc., from 2006 to 2008 and was responsible for its worldwide finance and accounting functions. Wade also served for over 16 years with household products company Procter & Gamble.
From 2003 to 2006, Wade served as P&G's Chief Financial Officer, Director of Finance and General Manager for its Western Europe region based in Geneva. Mr. Miquelon also served P&G for 8 years in Southeast Asia, initially serving as Finance Director for P&G Thailand (based in Bangkok) and then ultimately as the CFO of AAI (ASEAN/Australasia/India), P&G's 42 country Southeast Asian business (based in Singapore). During his tenure at P&G, Wade also held a variety of other roles including in the areas of International Treasury, Venture Capital, Mergers and Acquisitions, New Business Development, and Sales. Wade graduated with a Bachelor of Science Degree in Civil Engineering from Purdue University in 1987 and an M.B.A. in Finance and Marketing from Washington University in 1989.
Biographical Timeline:
2008-Present - Executive Vice President and CFO, Walgreens
2006-2008 - CFO and Executive Vice President for Tyson Foods Inc.
2003-2006 - Head of Finance and Accounting for Procter and Gamble's Western European division in Geneva, Switzerland
2001-2003 - Head of Finance and Accounting for Procter and Gamble's AAI ASEAN/Australasia/ India) based in Singapore
2001-Co-founder and CFO for Emmperative in Silicon Valley (Los Gatos), CA specializing in enterprise management software applications.
2000-2001- Co-Partner for Procter and Gamble's I Fund (Corporate Venture Capital Fund) as well as global Finance Director for all internet and IT activities
1994-2000 - Finance Director for Procter and Gamble Thailand and Indochina (Cambodia, Laos, Myanmar) based in Bangkok, Thailand
1989-1994 - Procter and Gamble Various roles including M&A, Treasury, New Business Development, Cost Analysis, and Financial Analysis' Prior to P&G had professional work experience at Anheuser Busch, McDonnell, Douglas Aerospace, and Sunnen Engineering.
Other Boards and Organizations:
Trustee on the Board of Chicago's Shedd Aquarium
Board Member of the Chicago Lyric Opera
Dean's Advisory Board for the Sam Walton School of Business
Founding partner of Orange Sky Partners, TRUE ventures, Veterans Spirit, Mama Dean's Soul Food Kitchens, and First-line Enterprises.
Role Models & Influences:
Sara Mathew – CEO and President of Dunn and Bradstreet. Mentored me at P&G and has never stopped doing so.
Chip Bergh – President of Gillette. Was my boss in Singapore at P&G and has supported me unconditionally since that time as a great friend.
Mike Power – Former P&G Exec. who was more recently the head of the London 2012 Olympic bid and was the one who brought me to Asia and showed me tough love whenever I needed it.
Clayt Daley – Former P&G CFO who was brilliant at the role, very supportive of me, and I learned to emulate in some aspects.
Harold Thieleke – An older gentlemen who passed away some years ago, but saw something special in me when I gave a church speech at the age of 17 and mentored me through college and grad school. He became like a grandfather to me.
Ms. Lebon – one of my fifth grade teachers who I was smitten for (afraid to tell her), but was perhaps the first teacher who really saw something special in me and the words of encouragement and support never left me.
My father – one of the most decent and humble people I have ever met in my life. He'd give the shirt of his back to help anyone and has.
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Chris Domzalski Director, Internal Audit
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Step 2 – Consider Performance Review Input:
Performance evaluations are a useful tool for managing your personal career development. They typically provide analysis of recent accomplishments, areas for improvement and suitability for promotion or further training.
Recommended Action: Review your performance evaluation
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Dan Doyle Finance Officer, Retail Pharmacy
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Step 3 – Review Walgreens Competencies and associated Behaviorally Anchored Rating Scales
(BARS):
There are three behaviorally anchored rating scales (BARS) related to Walgreens Core Competencies:
• Individual Contributor
• Management
• Executive
Select the BARS form that matches your job level aspiration. Rate yourself according to the BARS (Not Achieving, Achieving Expectations, Outstanding, etc. for each competency. Think of concrete examples of when you have fulfilled the competency / BARS in the past and when you have not reached your targeted level. Use the results from your review /rating as input to your Long Range Career Plan and Individual Develop Plan.
Recommended Action:Review Walgreens Competencies and Behaviorally Anchored Rating
Scales (BARS)
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Application Forms:
• Individual Contributor
• Management
• Executive
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Jason Dubinsky Divisional Vice President and Treasurer
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Step 4 –Create a Long Range Career Plan:
Career development is an ongoing, lifelong process to help you learn and achieve more in your work.
Start this process by performing a manual gap analysis that compares your current role and past experiences with the Walgreens position / role you aspire to attain. Create your Long Range Career Plan:
Identify your personal career goals, strengths and areas for improvement
Prioritize your career goals
Develop an action plan
Define success
Your chosen path may require you to:
Take courses to develop skill sets
Conduct informational interviews with division heads
Apply for open positions through the Career Connections system
Complete an external degree and/or certification program
The multi-year Long Range Career Plan maps the steps you'll need to take to get you from your current position to your targeted position. The Individual Development Plan is a snapshot of a single year with goals to help you improve your performance.
Recommended Action: Complete Long Career Plan
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Application Forms:
• Long Range Career Plan
• Career Path Options
• Informational Interviews
• Individual Development Plan
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Donald C. Huonker Senior Vice President, Process Improvement
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Step 5 – Meet with Manager to Discuss Career Planning:
"Our chief want is someone who will inspire us to be what we know we could be" –
Ralph Waldo Emerson
Your manager is there to help you think about what you want to accomplish in your career and how to optimize your resources (assessment and evaluation information, development opportunities, possible future roles, etc.) to get you where you want to go.
Walgreens is investing in your future by training your manager this spring (the perfect season!) to use the G.R.O.W. (Goal, Reality, Options, Way Forward) coaching model for career planning before walking you through process. You'll gain a stronger sense of empowerment and engagement as you determine your own career and/or performance development.
Recommended Action: Schedule Career Planning Meeting
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Alan T. Nielsen Divisional Vice President, Drug Store Finance & Results
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Step 6 – Update/Finalize Development Plan
• Incorporate your manager's feedback
• Obtain sign-off for resources required to complete your development plan
• Put steps into practice by charting each planned task and its deadline on your calendar
• Follow up with your manager at agreed-upon points
Take advantage of the opportunities Walgreens offers you, including developmental assignments, and classroom and virtual courses. To accept a challenging job assignment is the most valuable experience you can have. And like all experiences in career development, what you make of it is up to you! We look forward to celebrating with you as you make your next career step.
Recommended Action: Implement Development Plan
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