Business Context and Reporting Period
This Form 8-K is a Current Report filed by AmerisourceBergen Corporation (now Cencora, Inc.) on December 2, 2019, regarding events occurring on December 1, 2019. The filing addresses corporate governance changes approved by the Board of Directors on November 14, 2019.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on governance structure and does not contain financial performance data.
Material Changes
The primary material change reported is the establishment of a new Compliance and Risk Committee effective December 1, 2019. This committee was created to assist the Board with oversight of the enterprise risk management program, compliance program, legal and regulatory compliance, and the Code of Ethics and Business Conduct.
- New Committee: Compliance and Risk Committee.
- Initial Members: Lon R. Greenberg (Chair), Ornella Barra, and Kathleen W. Hyle.
- Audit Committee Change: D. Mark Durcan was appointed Chair of the Audit Committee, replacing Lon R. Greenberg, who remains a member.
Guidance, Outlook, and Risks
The filing does not contain financial guidance, outlook, or management commentary on future performance. The stated purpose of the new committee is to further the Board's responsibility for oversight and the Company's commitment to ethics and compliance. No specific risks or contingencies are detailed beyond the general scope of the new committee's responsibilities.
Key Facts for Investor Verification
- Verify the full charter of the new Compliance and Risk Committee at investor.amerisourcebergen.com.
- Confirm the composition of the Audit Committee following the appointment of D. Mark Durcan as Chair.
- Note that this filing is for Regulation FD disclosure purposes and is not deemed "filed" under Section 18 of the Exchange Act.