UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 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): April 23, 2019

 

 

McKesson Corporation

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   1-13252   94-3207296

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

6555 State Hwy 161, Irving, TX   75039
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (415) 983-8300

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)   (Name of each exchange on which registered)
Common stock, $0.01 par value   MCK   New York Stock Exchange

 

 

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

On April 23, 2019, Jorge Figueredo, Executive Vice President and Chief Human Resources Officer, who is a named executive officer of McKesson Corporation (“Company”), gave the Company notice of his decision to retire from the Company effective on September 30, 2019.

Mr. Figueredo will receive one additional “point” for purposes of the age plus years of service calculation under certain Company incentive plans, such that certain long-term cash and equity awards granted to him in the last two years will vest in accordance with their original terms, including their original performance conditions. Mr. Figueredo will also receive his fiscal year 2020 annual cash bonus on a prorated basis to reflect the partial year of service prior to his retirement, along with other standard benefits.

Item 9.01 Financial Statements and Exhibits.

(d)    Exhibits.

 

Exhibit
No. 		  

Description

99.1    Press release issued by the Company dated April 26, 2019.

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.

Date: April 26, 2019

 

McKesson Corporation
By:  

/s/ Lori A. Schechter

  Lori A. Schechter
  Executive Vice President, General Counsel and
 

Chief Compliance Officer

Exhibit 99.1

 

LOGO

 

 

Press Release

Contact

Investors and Financial Media:

Holly Weiss | 972-969-9174 | Holly.Weiss@McKesson.com

General and Business Media:

Kristin Chasen | 415-983-8974 | Kristin.Chasen@McKesson.com

McKesson Appoints Tracy Faber to Top HR Role

Jorge Figueredo and Kathy McElligott to retire

IRVING, TEXAS, April  26, 2019 —McKesson Corporation (NYSE:MCK) today announced that Tracy Faber has been appointed to executive vice president and chief human resources officer (CHRO), effective October 1, 2019. Faber will report to CEO Brian Tyler.

Faber joined McKesson in 2011 and currently serves as senior vice president, HR for McKesson Corporate and McKesson’s U.S. Pharmaceutical and Specialty Solutions business as well as the Strategic Initiatives team supporting McKesson’s transformation and strategic growth initiatives.

As McKesson’s CHRO, Faber will serve as the top advisor to the CEO and board of directors on executive succession planning, board member recruiting, diversity and inclusion, leadership development and transformational change.

“We are delighted to welcome Tracy to our executive committee,” said Brian Tyler, chief executive officer of McKesson. “She is a strong partner and thought leader who deeply understands our business and cares for our people. Her track record in organizational effectiveness, talent development and change management will help McKesson continue to deliver greater value to our associates, customers and shareholders.”

Prior to McKesson, Faber was vice president HR for PepsiCo Sales and Marketing. With PepsiCo for over 13 years, Faber assumed HR roles of progressive responsibility within the organization, including holding the position of vice president HR North Division Sales for Frito Lay North America, as well as vice president Labor for Frito Lay North America. She also worked at Eaton Corporation and Nabisco.

Faber received her Bachelor’s in Social Science from Michigan State University and her Master’s in Labor and Industrial Relations from the University of Minnesota.

Faber succeeds Jorge Figueredo, current executive vice president and chief human resources officer (CHRO), who is retiring on September 30 after a distinguished 11-year career with McKesson.

Kathy McElligott, executive vice president, chief information officer (CIO) and chief technology officer (CTO), will also retire after a venerated career with McKesson, Emerson and General Electric. McElligott will stay on with McKesson until her successor has been named to ensure a smooth transition; the company will conduct an internal and external executive search.

 

McKesson Corporation

6555 State Hwy 161

Irving, TX 75039

www.mckesson.com

LOGO

 

 

Press Release

 

###

About McKesson Corporation

McKesson Corporation, currently ranked 6th on the FORTUNE 500, is a global leader in healthcare supply chain management solutions, retail pharmacy, community oncology and specialty care, and healthcare information technology. McKesson partners with pharmaceutical manufacturers, providers, pharmacies, governments and other organizations in healthcare to help provide the right medicines, medical products and healthcare services to the right patients at the right time, safely and cost-effectively. United by our ICARE shared principles, our employees work every day to innovate and deliver opportunities that make our customers and partners more successful — all for the better health of patients. McKesson has been named the “Most Admired Company” in the healthcare wholesaler category by FORTUNE, a “Best Place to Work” by the Human Rights Campaign Foundation, and a top military-friendly company by Military Friendly. For more information, visit www.mckesson.com.

 

McKesson Corporation

6555 State Hwy 161

Irving, TX 75039

www.mckesson.com