8-KLeadership Changes

Cencora, Inc. 8-K Report, Executive Changes (Dec 5, 2014)

Filed December 5, 2014For Securities:COR

Summary

This 8-K filing from AmerisourceBergen Corporation (now Cencora, Inc.) on December 5, 2014, announces a key change in its accounting leadership. The company has promoted Lazarus Krikorian to Senior Vice President and Corporate Controller, also appointing him as the principal accounting officer. This appointment is significant for investors as it brings an experienced internal candidate with deep knowledge of the company's financial operations into a critical oversight role. Mr. Krikorian has been with AmerisourceBergen since 2002 and previously served as Vice President and Corporate Controller. His extensive background, including a decade at KPMG, suggests continuity and a steady hand in financial reporting. The report also clarifies that the current CFO, Tim G. Guttman, will remain the principal financial officer, ensuring a clear division of responsibilities.

Key Highlights

  • 1Lazarus Krikorian appointed as Principal Accounting Officer.
  • 2Mr. Krikorian also promoted to Senior Vice President and Corporate Controller.
  • 3Appointment effective December 5, 2014.
  • 4Mr. Krikorian has been with AmerisourceBergen since 2002, holding various financial roles.
  • 5His prior experience includes a decade as Senior Assurance Manager at KPMG LLP.
  • 6Tim G. Guttman will continue as Executive Vice President and Chief Financial Officer (Principal Financial Officer).
  • 7Mr. Krikorian's compensation arrangement remains unchanged.

Frequently Asked Questions

Lazarus Krikorian has been appointed as the new Principal Accounting Officer, in addition to his role as Senior Vice President and Corporate Controller.

Mr. Krikorian has a long tenure with AmerisourceBergen, having joined in 2002. He has held positions such as Vice President and Corporate Controller, and before that, Assistant Corporate Controller.

No, the filing states that Mr. Krikorian will continue under his prior compensation arrangement without any change.

Tim G. Guttman will continue to serve as the Principal Financial Officer in his capacity as Executive Vice President and Chief Financial Officer.