AmerisourceBergen Corporation (NYSE:ABC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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AmerisourceBergen Corporation (NYSE:ABC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) As previously disclosed by AmerisourceBergen Corporation (the “Company”), on June 19, 2017, James D. Frary ceased to be Executive Vice President and President, AmerisourceBergen Specialty Group. Mr. Frary was identified as a “named executive officer” in the Company’s definitive proxy statement, which was filed with the Securities and Exchange Commission on January 20, 2017. Mr. Frary is expected to remain as a non-executive employee of the Company through the fall of 2017. In connection with his departure, Mr. Frary will be entitled to receive compensation and benefits consistent with Section 5(a) of his Employment Agreement, which was filed as an exhibit to the Company’s Annual Report on Form 10-K for the fiscal year ended September 30, 2010.

About AmerisourceBergen Corporation (NYSE:ABC)

AmerisourceBergen Corporation is a pharmaceutical sourcing and distribution services company. The Company’s segments include Pharmaceutical Distribution and Other. The Company provides services to healthcare providers, and pharmaceutical and biotech manufacturers. As of June 30, 2016, the Pharmaceutical Distribution segment consists of two operating segments, including the operations of AmerisourceBergen Drug Corporation (ABDC) and AmerisourceBergen Specialty Group (ABSG), which distributes specialty drugs to their customers. Servicing healthcare providers in the pharmaceutical supply channel, the Pharmaceutical Distribution segment’s operations provide drug distribution and related services. The Other segment consists of the operations of various segments, including the AmerisourceBergen Consulting Services (ABCS), the World Courier Group, Inc. and the MWI Veterinary Supply, Inc. ABSG operates distribution facilities that focus primarily on complex disease treatment regimens.