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Cencora Expands Enterprise Leadership Team with Two Senior Appointments

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Cencora (NYSE: COR) announced two key appointments to its enterprise leadership team. Francois Mandeville joins as Executive Vice President, Strategy and M&A, bringing extensive experience from Johnson Controls and Danaher , where he helped grow business from $2.2B to $15B. Pawan Verma becomes Executive Vice President, Chief Data and Information Officer, joining from MetLife where he led a 10,000-person organization as Global CIO. These appointments aim to advance Cencora's pharmaceutical-centric strategy, enhance digital transformation, and drive growth through M&A and technological innovation.

Cencora (NYSE: COR) ha annunciato due importanti nomine nel suo team di leadership aziendale. Francois Mandeville entra come Vice Presidente Esecutivo, Strategia e M&A, portando un'ampia esperienza da Johnson Controls e Danaher, dove ha contribuito a far crescere il business da 2,2 miliardi di dollari a 15 miliardi di dollari. Pawan Verma diventa Vice Presidente Esecutivo, Chief Data and Information Officer, provenendo da MetLife dove ha guidato un'organizzazione di 10.000 persone come CIO globale. Queste nomine mirano a promuovere la strategia farmacologica di Cencora, migliorare la trasformazione digitale e stimolare la crescita attraverso M&A e innovazione tecnologica.

Cencora (NYSE: COR) anunció dos nombramientos clave para su equipo de liderazgo empresarial. Francois Mandeville se une como Vicepresidente Ejecutivo, Estrategia y M&A, aportando una amplia experiencia de Johnson Controls y Danaher, donde ayudó a hacer crecer el negocio de 2.2 mil millones a 15 mil millones de dólares. Pawan Verma se convierte en Vicepresidente Ejecutivo, Director de Datos e Información, llegando de MetLife donde dirigió una organización de 10,000 personas como CIO Global. Estos nombramientos tienen como objetivo avanzar en la estrategia centrada en la farmacéutica de Cencora, mejorar la transformación digital y fomentar el crecimiento a través de M&A e innovación tecnológica.

Cencora (NYSE: COR)는 기업 리더십 팀의 두 주요 인사를 발표했습니다. Francois Mandeville는 전략 및 M&A 담당 수석 부사장으로 합류하며, Johnson Controls와 Danaher에서 22억 달러에서 150억 달러로 비즈니스를 성장시키는 데 기여한 풍부한 경험을 가지고 있습니다. Pawan Verma는 메트라이프에서 10,000명의 조직을 글로벌 CIO로 이끌며 합류합니다. 이러한 임명은 Cencora의 제약 중심 전략을 추진하고 디지털 혁신을 강화하며 M&A와 기술 혁신을 통해 성장을 촉진하는 것을 목표로 하고 있습니다.

Cencora (NYSE: COR) a annoncé deux nominations clés au sein de son équipe de direction. Francois Mandeville rejoint l'entreprise en tant que Vice-Président Exécutif, Stratégie et Fusions & Acquisitions, apportant une vaste expérience de Johnson Controls et Danaher, où il a contribué à faire passer les revenus de 2,2 milliards à 15 milliards de dollars. Pawan Verma devient Vice-Président Exécutif, Directeur des Données et de l'Information, et arrive de MetLife où il a dirigé une organisation de 10 000 personnes en tant que CIO Global. Ces nominations visent à faire avancer la stratégie centrée sur les produits pharmaceutiques de Cencora, à améliorer la transformation numérique et à stimuler la croissance par le biais de fusions et acquisitions et d'innovations technologiques.

Cencora (NYSE: COR) hat zwei wichtige Ernennungen in seinem Führungsteam bekannt gegeben. Francois Mandeville wird als Executive Vice President für Strategie und M&A tätig, bringt umfangreiche Erfahrung von Johnson Controls und Danaher mit, wo er half, das Geschäft von 2,2 Milliarden auf 15 Milliarden Dollar zu steigern. Pawan Verma wird Executive Vice President und Chief Data and Information Officer und kommt von MetLife, wo er eine Organisation mit 10.000 Mitarbeitern als globaler CIO leitete. Diese Ernennungen zielen darauf ab, die auf Pharmazie ausgerichtete Strategie von Cencora voranzutreiben, die digitale Transformation zu verbessern und das Wachstum durch M&A und technologische Innovationen zu fördern.

Positive
  • Strategic hire of Mandeville brings proven M&A expertise, demonstrated by driving Danaher's growth from $2.2B to $15B
  • Verma's appointment strengthens digital transformation capabilities with experience managing large-scale technology operations
  • Enhanced leadership structure combines internal talent with external expertise to improve market position
Negative
  • None.

Francois Mandeville Named Executive Vice President, Strategy and M&A

Pawan Verma Appointed Executive Vice President, Chief Data and Information Officer

CONSHOHOCKEN, Pa.--(BUSINESS WIRE)-- Cencora, Inc. (NYSE: COR) today announced the appointment of Francois Mandeville as Executive Vice President, Strategy and M&A, and Pawan Verma as Executive Vice President, Chief Data and Information Officer. Both leaders will join Cencora’s enterprise leadership team, bringing their extensive experience and expertise to help advance the company’s pharmaceutical-centric strategy and drive growth for Cencora and its customers.

"We’re thrilled to welcome Francois and Pawan to Cencora’s leadership team,” said Bob Mauch, President and Chief Executive Officer of Cencora. “Our evolved leadership structure, which is now a combination of internally developed talent and new outside expertise, will enable us to further build on our already strong position in the marketplace, while advancing our strategy with a focus on delivering exceptional customer service, accelerating our digital transformation, and prioritizing investments that allow us to better support our customer’s evolving needs.”

As EVP, Strategy and M&A, Mandeville will be responsible for overseeing Cencora’s M&A and strategy execution to ensure the company is investing in businesses that bring new solutions to meet customers’ needs. Mandeville has a long and distinguished career leading M&A strategies to drive business growth, having most recently served as Chief Development Officer at Johnson Controls. Prior to that, he worked at Danaher Corporation as SVP, Strategy & Business Development, where he was responsible for creating strategies that propelled the business’s growth from $2.2 billion in 2011 to over $15 billion in 2021. Mandeville also had a 25-year tenure at Agilent Technologies, a Hewlett-Packard Company spin-off, where he led R&D teams, new business incubation, and M&A target identification and integration across various industries.

As EVP, Chief Data and Information Officer, Verma will oversee Cencora’s efforts to accelerate its digital transformation, while driving innovation to improve operations. Verma’s appointment further reinforces Cencora’s commitment to elevating its digital capabilities to equip customers and employees with advanced tools and technologies. Verma has a tenured history and proven track record of helping global organizations navigate technological transformation and modernization. He joined Cencora from MetLife, where he most recently served as EVP and Global Chief Information Officer, overseeing an organization of 10,000 people, and spearheading the company’s differentiated digital experience. Prior to that, he served as Chief Information and Customer Experience Officer at Foot Locker, leading a 4,000-member team to transform technology, data, and supply chain ecosystems. Verma's work earned him the Forbes CIO Innovation Award. He has also held significant roles at Target, Convergys Corporation, and Verizon.

About Cencora

Cencora is a leading global pharmaceutical solutions organization centered on improving the lives of people and animals around the world. We partner with pharmaceutical innovators across the value chain to facilitate and optimize market access to therapies. Care providers depend on us for the secure, reliable delivery of pharmaceuticals, healthcare products, and solutions. Our 46,000+ worldwide team members contribute to positive health outcomes through the power of our purpose: We are united in our responsibility to create healthier futures. Cencora is ranked #10 on the Fortune 500 and #24 on the Global Fortune 500 with more than $250 billion in annual revenue.

Investors:

Bennett S. Murphy

Senior Vice President, Head of Investor Relations & Treasury

610-727-3693

bennett.murphy@cencora.com

Media:

Mike Iorfino

610-545-9189

Mike.Iorfino@cencora.com

Source: Cencora

FAQ

Who are the new executive appointments at Cencora (NYSE: COR)?

Cencora appointed Francois Mandeville as EVP of Strategy and M&A, and Pawan Verma as EVP and Chief Data and Information Officer.

What is Francois Mandeville's experience before joining Cencora (NYSE: COR)?

Mandeville was Chief Development Officer at Johnson Controls and previously served as SVP of Strategy & Business Development at Danaher , where he helped grow the business from $2.2B to $15B.

What is Pawan Verma's background before joining Cencora (NYSE: COR)?

Verma was previously EVP and Global CIO at MetLife, managing 10,000 people, and served as Chief Information and Customer Experience Officer at Foot Locker, leading a 4,000-member team.

What are the main responsibilities of the new executives at Cencora (NYSE: COR)?

Mandeville will oversee M&A and strategy execution, while Verma will lead digital transformation efforts and drive innovation to improve operations.

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