McKesson’s Board of Directors Elects W. Roy Dunbar as New Director
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(Low)
Rhea-AI Sentiment
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management
Rhea-AI Summary
McKesson Corporation (NYSE: MCK) announced the election of W. Roy Dunbar as a new director and member of the Audit and Governance Committees, effective April 1, 2022. This expands the board from 11 to 12 members, with 11 being independent. Dunbar brings extensive experience from roles at Network Solutions, Mastercard, and Eli Lilly, focusing on technology, operations, and sustainability. His addition is expected to enhance the board's oversight, particularly in oncology, biopharma, data governance, and cybersecurity.
Positive
Dunbar's extensive background in tech and healthcare enhances board expertise.
Increased focus on sustainability and global impact initiatives in the board's strategy.
Negative
Concerns about continuity due to the addition of a new board member.
Potential experience gaps in existing board dynamics with the new inclusion.
Insights
Analyzing...
IRVING, Texas--(BUSINESS WIRE)--
McKesson Corporation (NYSE: MCK) announced today that the McKesson board of directors has elected W. Roy Dunbar as director and member of the Audit and Governance Committees, effective April 1, 2022. With the election of Dunbar, McKesson’s board of directors increases from 11 to 12 members, 11 of whom are independent.
“We’re pleased to welcome Roy to McKesson’s board of directors,” said Donald Knauss, McKesson’s independent board chair. “Roy’s decades of experience in technology, operations and healthcare will be instrumental in helping the board guide the company’s strategic priorities in areas such as oncology and biopharma as well as in evolving fields of data governance and cybersecurity. In addition, his experience with sustainability and ESG matters will be an asset to the board’s oversight of the company’s increasing focus on global impact initiatives.”
Most recently, Dunbar served as chairman and chief executive officer at Network Solutions, a leader in web services for small and medium enterprises. Prior to Network Solutions, Dunbar served as president, global technology and operations for Mastercard where he was responsible for its global payments platform and operations. He also served as a member of Mastercard’s executive committee. Before joining Mastercard, Dunbar spent over a decade at Eli Lilly where he served as president, intercontinental region. Dunbar was later named chief information officer and was recognized by InformationWeek as CIO of the Year.
In addition to McKesson, Dunbar currently serves on the boards of SiteOne Landscape Supply, Johnson Controls International and Duke Energy. Dunbar graduated with a pharmacy degree from Manchester University in the U.K. and an MBA from Manchester Business School.
About McKesson Corporation
McKesson Corporation is a diversified healthcare services leader dedicated to advancing health outcomes for patients everywhere. Our teams partner with biopharma companies, care providers, pharmacies, manufacturers, governments, and others to deliver insights, products and services to help make quality care more accessible and affordable. Learn more about how McKesson is impacting virtually every aspect of healthcare at McKesson.com and read Our Stories.
Who is W. Roy Dunbar and what experience does he bring to McKesson?
W. Roy Dunbar is a newly elected director of McKesson, with a background in technology and healthcare from leadership roles at Network Solutions, Mastercard, and Eli Lilly.
When did W. Roy Dunbar join McKesson's board of directors?
W. Roy Dunbar joined McKesson's board of directors effective April 1, 2022.
How does the addition of W. Roy Dunbar impact McKesson's strategic focus?
Dunbar's addition is expected to enhance McKesson's strategic priorities in oncology, biopharma, data governance, and cybersecurity.
What is the current composition of McKesson's board of directors after Dunbar's election?
After Dunbar's election, McKesson's board increased to 12 members, with 11 being independent.
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