8-KLeadership ChangesShareholder MattersRegulation FD+1

Cencora, Inc. 8-K Report, Executive Changes (Mar 9, 2015)

Filed March 9, 2015For Securities:COR

Summary

AmerisourceBergen Corporation (now Cencora, Inc.) filed an 8-K on March 9, 2015, reporting on the outcomes of its 2015 Annual Meeting of Stockholders held on March 5, 2015. The key information for investors pertains to board composition changes, director elections, and stockholder vote results on various proposals. Notably, a long-standing director, Edward E. Hagenlocker, retired from the Board, and Richard W. Gochnauer was appointed as the new Chair of the Finance Committee. All nominated directors were overwhelmingly elected by stockholders. The company also secured stockholder approval for its independent auditor, Ernst & Young LLP, and the compensation of its named executive officers. However, a proposal seeking to permit stockholder action by written consent did not receive majority support.

Key Highlights

  • 1Director Edward E. Hagenlocker retired from the Board of Directors.
  • 2Richard W. Gochnauer was appointed as the new Chair of the Finance Committee.
  • 3All nominated directors received substantial stockholder support for election.
  • 4Stockholders ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for fiscal year 2015.
  • 5Advisory vote to approve executive compensation for named executive officers was passed by stockholders.
  • 6A stockholder proposal to permit action by written consent was not approved.
  • 7The filing includes a news release detailing the 2015 Annual Meeting results.

Frequently Asked Questions

Edward E. Hagenlocker, a director since 2001, retired from the Board of Directors. Richard W. Gochnauer was appointed to replace Mr. Hagenlocker as the Chair of the Finance Committee.

All nominated directors received strong majority support from stockholders for election to the Board, indicating confidence in the current leadership.

Yes, stockholders overwhelmingly approved the ratification of Ernst & Young LLP as AmerisourceBergen Corporation's independent registered public accounting firm for fiscal year 2015.

Yes, an advisory vote to approve the compensation of the Company's named executive officers was passed by a majority of the votes cast.

The stockholder proposal to permit stockholder action by written consent did not receive majority approval from the stockholders.