Summary
McKesson Corporation (MCK) filed an 8-K on May 20, 2016, to report a key executive change within its finance department. Effective June 1, 2016, Erin M. Lampert was appointed Senior Vice President and Controller, succeeding Nigel A. Rees who is retiring. Ms. Lampert has a long tenure with McKesson, having joined in 2005 and previously holding significant roles in Investor Relations, Financial Planning and Analysis, and Mergers and Acquisitions Finance. This appointment signifies internal succession planning and the promotion of an experienced executive to a critical financial oversight role. Investors should note the continuity provided by Ms. Lampert's extensive experience within the company, which should contribute to a smooth transition. Additionally, Craig Mercer has been promoted to Senior Vice President, Investor Relations, filling the vacancy left by Ms. Lampert.
Key Highlights
- 1Appointment of Erin M. Lampert as Senior Vice President and Controller, effective June 1, 2016.
- 2Nigel A. Rees is retiring from his position as Senior Vice President and Controller.
- 3Ms. Lampert has been with McKesson since 2005, holding various senior finance and investor relations roles.
- 4Ms. Lampert's prior roles include Senior Vice President, Investor Relations; Senior Vice President of Financial Planning and Analysis; and Vice President, Mergers and Acquisitions Finance.
- 5Craig Mercer has been promoted to Senior Vice President, Investor Relations.
- 6No familial relationships or reportable related-party transactions involving Ms. Lampert are disclosed.
- 7The report highlights internal succession and the promotion of experienced personnel within the finance and investor relations functions.