AmerisourceBergen 2014 Annual Report Download - page 19

AmerisourceBergen delivered
exceptional financial performance and
excellent returns to our stockholders in
fiscal 2014. Management successfully
implemented an innovative strategic
relationship with Walgreens Boots
Alliance, completing the onboarding
of all of Walgreens’ brand and generic
pharmaceutical distribution to its stores,
and began to reap the benefits of the
generic sourcing joint venture. The
Company made significant progress
against our strategic objectives, made
important investments to strengthen
our potential for future growth, including
signing a definitive agreement to
acquire MWI Veterinary Supply,
a leading animal health distribution
company. Overall, management
continues to be a disciplined steward
of stockholder value.
Your Board is focused on ensuring
that the interests of the Company’s
leadership are properly aligned with
long-term stockholder interests. We
actively review management’s long-term
strategic plans as well as the Company’s
corporate governance mechanisms,
enterprise risk management programs
and financial performance. The rapidly
changing global healthcare landscape
presents both risks and opportunities,
and requires clear and informed
judgment and a keen understanding
of both evolutionary regulatory
environments and international
business dynamics. Your Board works
with management to continuously
advance AmerisourceBergen’s strategic
vision, and to assess acquisitions
and other new opportunities in the
context of our overall risk tolerance,
and the potential to drive future
stockholder value.
In May of 2014, we welcomed
Walgreens Boots Alliance nominee,
Gregory D. Wasson, the former
President and Chief Executive
Officer of Walgreens, to our Board
in accordance with the provisions
of the framework agreement governing
the Company’s long-term strategic
relationship with Walgreens Boots
Alliance. In January 2015, Mr. Wasson
resigned from our Board following his
retirement from Walgreens Boots
Alliance. We subsequently welcomed its
new nominee, Ornella Barra, Executive
Vice President and President and Chief
Executive of Global Wholesale and
International Retail, to our Board.
Ms. Barra’s extensive international
business experience and her expertise
in both the pharmaceutical wholesale
and retail pharmacy industries make
her a valuable addition to our Board.
Immediately following our annual
meeting of stockholders in March of 2015,
Edward E. Hagenlocker will retire from
our Board. Mr. Hagenlocker has served
AmerisourceBergen with distinction
over his nearly 14 years of service, and
his insight and counsel will be missed.
I thank him for his many contributions
to the Company’s success, and wish him
the best in his retirement.
I invite you to read this Summary
Annual Report to gain a further
understanding of AmerisourceBergen’s
performance in fiscal 2014 and our plans
to continue to generate sustainable
growth in the years ahead. On behalf
of the Board, thank you for your
continued support and interest in
AmerisourceBergen.
Richard C. Gozon
Chairman of the Board
Board of Directors
Richard C. Gozon 5*
Chairman of the Board,
AmerisourceBergen Corporation
Ornella Barra
Executive Vice President of Walgreens Boots
Alliance, Inc., and President and Chief Executive
of Global Wholesale and International Retail
Steven H. Collis 5
President and Chief Executive Officer,
AmerisourceBergen Corporation
Douglas R. Conant 2,3
Former President and Chief Executive Officer
of Campbell Soup Company
Richard W. Gochnauer 3,4
Retired Chief Executive Officer,
United Stationers Inc.
Lon R. Greenberg 1,3
Retired Chief Executive Officer and current
Chairman of the Board of UGI Corporation
Edward E. Hagenlocker 2,3*,4,5 **
Retired Vice Chairman, Ford Motor Company
Jane E. Henney, M.D. 2,4*,5
Former Professor, College of Medicine,
University of Cincinnati
Kathleen W. Hyle 1*,3,5
Former Senior Vice President,
Constellation Energy and Chief Operating Officer,
Constellation Energy Resources
Michael J. Long 1,2*,5
Chairman, President and Chief Executive Officer,
Arrow Electronics, Inc.
Henry W. McGee 1,4
Former President, HBO Home Entertainment
Senior Lecturer, Harvard Business School
COMMITTEES OF THE BOARD
1 Audit and Corporate Responsibility Committee
2 Compensation and Succession Planning Committee
3 Finance Committee
4 Governance and Nominating Committee
5 Executive Committee
* Denotes Committee Chair
** Mr. Hagenlocker is the current Chairperson of the Finance Committee. He will
be retiring from the Board at the end of the annual meeting on March 5, 2015.
Fellow Stockholders
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