Summary
This Form 8-K filing from AmerisourceBergen Corporation (now Cencora, Inc.) reports a significant leadership transition. R. David Yost has retired as President and Chief Executive Officer and resigned from the Board of Directors, effective July 1, 2011. This marks the end of Mr. Yost's tenure at the helm of the company. Concurrently, Steven H. Collis has been appointed as the new President and Chief Executive Officer, also effective July 1, 2011. Mr. Collis brings extensive experience within AmerisourceBergen, having held various senior leadership roles since 1994, most recently as President and Chief Operating Officer. His appointment signifies an internal succession, likely aiming for continuity in strategic direction and operations.
Key Highlights
- 1Retirement of R. David Yost as President and CEO, effective July 1, 2011.
- 2Resignation of R. David Yost from the Board of Directors, effective July 1, 2011.
- 3Appointment of Steven H. Collis as the new President and CEO, effective July 1, 2011.
- 4Steven H. Collis has a long history with the company, employed since 1994 and holding various senior leadership positions.
- 5Mr. Collis's recent role was President and Chief Operating Officer.
- 6Mr. Collis has also been appointed to the Board of Directors and will chair the Executive and Finance Committee.
- 7The filing includes an attached press release detailing these leadership changes.
Frequently Asked Questions
The main purpose of this 8-K filing is to report a significant change in the company's leadership, specifically the retirement of the President and CEO and the appointment of a new President and CEO.
Steven H. Collis has been appointed as the new President and Chief Executive Officer of AmerisourceBergen Corporation.
Steven H. Collis has a long tenure with AmerisourceBergen, having been employed by the company or its predecessors since 1994. He has held numerous senior leadership roles, most recently serving as President and Chief Operating Officer.
Yes, in addition to becoming President and CEO, Steven H. Collis was appointed to the Board of Directors in May 2011 and will assume the Chair of the Board's Executive and Finance Committee, effective July 1, 2011.