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Cencora (NYSE: COR) elevates D. Mark Durcan to board chairman role

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(Moderate)
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(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Cencora, Inc. announced that its Board of Directors has appointed D. Mark Durcan as Chairman of the Board, effective October 1, 2025. Durcan has been a director since September 2015 and has served as Lead Independent Director since March 2023, so this move elevates an experienced, long‑tenured board member to the chair role.

Durcan will succeed Steven H. Collis, who, as previously reported, will retire as Executive Chairman and as a director at the end of Cencora’s fiscal year ending September 30, 2025. When Collis steps down, the size of the Board will decrease from 11 to 10 directors. The company states that Collis’ decision to retire is not due to any disagreement regarding its operations, policies, or practices.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Understanding 8-K Material Events →
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): August 27, 2025

 

 

 

Cencora, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Commission File Number: 1-16671

 

Delaware   23-3079390
(State or other jurisdiction of   (I.R.S. Employer
incorporation or organization)   Identification No.)

 

1 West First Avenue
Conshohocken, PA		   19428-1800
(Address of principal executive offices)   (Zip Code)

 

(610) 727-7000

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report.)

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of exchange on which registered
Common Stock COR New York Stock Exchange (NYSE)
2.875% Senior Notes due 2028 COR28 New York Stock Exchange (NYSE)
3.625% Senior Notes due 2032 COR32 New York Stock Exchange (NYSE)

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On August 27, 2025, Cencora, Inc. (the “Company”) announced that its Board of Directors (the “Board”) has appointed D. Mark Durcan as Chairman of the Board, effective October 1, 2025. Mr. Durcan has served as a director of the Company since September 2015 and as the Board’s Lead Independent Director since March 2023.

 

Mr. Durcan will succeed Steven H. Collis who confirmed to the Board that, as previously reported, he will retire as Executive Chairman of the Board and as a director, effective at the end of the Company’s fiscal year ending September 30, 2025.

 

As a result of Mr. Collis stepping down from the Board, the size of the Board will be reduced from 11 to 10 directors, effective upon his retirement. Mr. Collis’ decision to retire from the Board was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.

 

Item 7.01Regulation FD Disclosure.

 

On August 27, 2025, the Company issued a news release announcing the matter. A copy of the news release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

 

The information disclosed under this Item 7.01, including Exhibit 99.1 hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. The information provided herein shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

 

Item 9.01Financial Statements and Exhibits.

 

(d)Exhibits.

 

Exhibit No.   Description
99.1   News Release of Cencora, Inc., dated August 27, 2025
104   Cover Page Interactive Data File (formatted as inline XBRL)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Cencora, Inc.
     
     
August 27, 2025 By: /s/ Elizabeth S. Campbell
    Name: Elizabeth S. Campbell
    Title: Executive Vice President and Chief Legal Officer

 

 

Source: View Original Filing on SEC EDGAR

FAQ

What board leadership change did Cencora (COR) announce?

Cencora announced that its Board has appointed D. Mark Durcan as Chairman of the Board, effective October 1, 2025, succeeding Executive Chairman Steven H. Collis.

Who is D. Mark Durcan in relation to Cencora (COR)?

D. Mark Durcan has served as a director of Cencora since September 2015 and as the Board’s Lead Independent Director since March 2023 before being appointed Chairman.

When is Steven H. Collis retiring from Cencora’s Board?

Steven H. Collis will retire as Executive Chairman and as a director effective at the end of Cencora’s fiscal year ending September 30, 2025.

Why is Steven H. Collis leaving Cencora’s Board?

Cencora states that Mr. Collis’ decision to retire from the Board is not due to any disagreement with the company regarding its operations, policies, or practices.

How will Cencora’s Board size change after the retirement?

After Steven H. Collis retires, the size of Cencora’s Board will be reduced from 11 to 10 directors, effective upon his retirement.

Did Cencora issue a press release about the chairman transition?

Yes. Cencora issued a news release dated August 27, 2025, attached as Exhibit 99.1, announcing the appointment of D. Mark Durcan as Chairman and the related board changes.