Business Context and Reporting Period
This Form 8-K Current Report was filed by McKesson Corporation on May 29, 2007. The filing addresses a corporate governance event regarding the Board of Directors rather than financial performance.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is not a financial statement.
Material Changes
On May 29, 2007, Robert M. Matschullat informed the Company that he would not stand for reelection to the Board of Directors. His term is scheduled to expire at the Annual Meeting of Stockholders on July 25, 2007. Mr. Matschullat has served as a director since 2002.
Management Commentary and Risks
Management stated that Mr. Matschullat's decision to resign was not the result of any disagreement with the Company. No other risks, contingencies, or unusual items were disclosed in this filing.
Key Facts for Investors
- Robert M. Matschullat will not seek reelection as a director.
- The resignation is effective upon the expiration of his term at the July 25, 2007 Annual Meeting.
- The departure is voluntary and unrelated to any disagreement with the Company.
- No financial data or operational guidance is included in this specific filing.