Cencora discloses CEO succession compensation: Mauch $1.35M salary, Collis $1M as Executive Chairman

Cencora, Inc.

Robert P. Mauch appointed CEO effective Oct 1, 2024; base salary $1,350,000; joins Board.
Steven H. Collis to serve as Executive Chairman for one year after Oct 1; base salary $1,000,000.
Both eligible for same short/long-term incentive plans as other senior executives.
Mauch severance: two years salary plus two times target bonus; COBRA coverage.
Collis transition: current comp through Sept 30, then $1M base as Executive Chairman.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Robert P. Mauch

Chief Executive Officer

COR · Cencora, Inc.

Effective: 2024-10-01
Filed: March 15, 2024, 7:59 PM ET

On March 12, 2024, the Company and Mr. Mauch entered into an amended and restated employment agreement (the “Mauch Employment Agreement”), effective as of the Effective Date.

Role change

Steven H. Collis

Executive Chairman

COR · Cencora, Inc.

Effective: 2024-10-01
Filed: March 15, 2024, 7:59 PM ET

For a period of one year from the Effective Date, Mr. Collis will serve as Executive Chairman of the Board (the “Executive Chairman Period”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert P. Mauch was appointed as Chief Executive Officer at Cencora, Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On March 12, 2024, the Company and Mr. Mauch entered into an amended and restated employment agreement (the “Mauch Employment Agreement”), effective as of the Effective Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Steven H. Collis changed role as Executive Chairman at Cencora, Inc..

Action: will serve as
Role: Executive Chairman

Exact text from the filing

For a period of one year from the Effective Date, Mr. Collis will serve as Executive Chairman of the Board (the “Executive Chairman Period”).

View on SEC.gov

Cencora, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-24-035045

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