Summary
McKesson Corporation (MCK) announced a significant leadership realignment within its technology and finance functions. Britt Vitalone, currently Executive Vice President and Chief Financial Officer, will assume expanded responsibilities, adding oversight of the Company's Technology Organization and Mergers & Acquisitions, effective October 3, 2023. This move aims to enhance strategic alignment and consolidate leadership under Vitalone's extensive experience. Complementing this change, Francisco Fraga has been appointed as the new Executive Vice President, Chief Information Officer, and Chief Technology Officer, reporting directly to Vitalone. Fraga's prior experience as Senior Vice President and Chief Information Officer for Pharmaceutical Solutions and Services positions him to integrate technology efforts. This report also notes the departure of Nancy Avila from her role as Executive Vice President, Chief Information Officer and Chief Technology Officer, though she will remain with McKesson through January 1, 2024, to facilitate a smooth transition.
Key Highlights
- 1Britt Vitalone, CFO, takes on expanded leadership for Technology and Mergers & Acquisitions.
- 2Francisco Fraga appointed as EVP, CIO, and CTO, reporting to Vitalone.
- 3The new structure aims for increased alignment and strategic advancement.
- 4Nancy Avila has stepped down as EVP, CIO, and CTO.
- 5Avila will stay with the company until January 1, 2024, to assist with transition.
- 6Vitalone has 17 years of experience with McKesson, serving as CFO since 2018.
- 7Fraga joined McKesson in 2021 and previously held the CIO role for Pharmaceutical Solutions and Services.