8-KEarnings & ResultsLeadership ChangesRegulation FD+1

Cencora, Inc. 8-K Report, Financial Results (Nov 3, 2022)

Filed November 3, 2022For Securities:COR

Summary

Cencora, Inc. (formerly AmerisourceBergen Corporation) filed an 8-K on November 3, 2022, primarily to announce its financial results for the fiscal quarter and year ended September 30, 2022. This filing also disclosed a key executive appointment and provided details regarding a subsequent investor conference call. While the specific financial figures are not detailed within this 8-K itself, it serves as the official notification that the earnings release is available, which investors should consult for detailed performance metrics. The company is also hosting a webcast to discuss these results, offering an opportunity for direct engagement and clarification of their financial condition and outlook. Beyond the financial results, the report highlights the appointment of Robert P. Mauch as Executive Vice President and Chief Operating Officer, effective October 1, 2022. Mr. Mauch has a long tenure with the company, bringing extensive experience to this senior role. The filing also includes disclosure regarding compensation practices, noting that Mr. Mauch's sister, who previously held a position at a subsidiary, retired in April 2022, and her compensation was in line with standard company practices. This information provides insight into the company's leadership and internal governance.

Key Highlights

  • 1Announcement of fiscal quarter and year-end results for September 30, 2022, via an accompanying earnings release (Exhibit 99.1).
  • 2Appointment of Robert P. Mauch as Executive Vice President and Chief Operating Officer, effective October 1, 2022.
  • 3Mr. Mauch possesses over 25 years of experience with Cencora/AmerisourceBergen in various leadership roles.
  • 4Disclosure of a relative's compensation (Mr. Mauch's sister) from a subsidiary (Xcenda), noting her retirement in April 2022 and that compensation was standard.
  • 5Company scheduled a conference call and webcast for November 3, 2022, at 8:30 a.m. ET to discuss financial results and related matters.
  • 6Information furnished under this report is not considered 'filed' for Section 18 purposes and is not incorporated by reference unless expressly stated in future filings.

Frequently Asked Questions

The specific financial results are detailed in the news release attached as Exhibit 99.1 to this 8-K filing, dated November 3, 2022. Investors should refer to this news release for the earnings figures.

The 8-K filing announces his appointment to Executive Vice President and Chief Operating Officer but does not detail his specific responsibilities. However, as COO, his role typically involves overseeing the company's day-to-day administrative and operational functions.

At the time of this report (November 3, 2022), the company stated that no new compensation arrangement had been entered into with Mr. Mauch in connection with his appointment as EVP and COO.

When information is 'furnished' (as stated in Item 2.02 and 7.01), it means the company is providing it to the SEC but is not subject to the same liability under Section 18 of the Securities Exchange Act of 1934 as if it were formally 'filed.' This is common for earnings releases and similar disclosures to avoid inadvertently triggering certain liabilities or incorporation by reference into other filings.