Alliance Boots has been rocked by the sudden departure of chief executive Andy Hornby.

The high street chemist is now on the hunt for what will be its third boss in as many years. In a statement, Hornby said he would be taking “a few months’ break”.

“I have thoroughly enjoyed the past couple of years at Alliance Boots, during which time the company has performed very well,” said Hornby.

“I am confident that Alliance Boots will continue to go from strength to strength under the leadership of [chairman] Stefano Pessina and the executive team.”

Before joining Boots, Hornby headed up defunct lender HBoS, now part of the Lloyds Banking Group.

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