BNET Industries

Market Cap:$8.0B
Last Fiscal Year Sales:$70.1B
  • Public
  • US
Dow Jones Description

AmerisourceBergen Corporation is based in Valley Forge, PA and has locations throughout the United States, Puerto Rico, Canada, and the United Kingdom. In the US, we handle about 20% of all of the pharmaceuticals sold and distributed throughout the country. We strive to take costs out of the healthcare system by using our scale and efficient operations to drive value for our customers. In addition to delivering pharmaceuticals on a just-in-time basis to tens of thousands of healthcare providers every day, we provide business support and consulting services to help our customers focus on their key strength?caring for patients. AmerisourceBergen is committed to the safety and security of the nation?s pharmaceutical supply chain. We purchase all branded and generic pharmaceuticals only directly from the product?s manufacturer, except in the rare instance that we are required to do otherwise either by the manufacturer or a government agency.

Board of Directors
Jane E. Henney
Number of Employees 9,100
Contact Information

1300 Morris Drive

Chesterbrook, Pennsylvania 19087-5594

www.amerisource...

610-727-7000

NAICS Code Drugs and Druggists' Sundries Merchant Wholesalers: 424210

Recent Events

  • AmerisourceBergen sees earnings surge across the board

    1/27/10 - Financial Announcement - View Story

  • AmerisourceBergen Approves Quarterly Dividend

    1/27/10 - Stock Split / Dividend - View Story

  • Morgan Stanley Initiates Coverage on Several Stocks in Biotechnology and Drugs Sector

    1/08/10 - Bond / Stock Rating - View Story

  • AmerisourceBergen ABC Upgrade Alert, Watch for 59.3% Technical Uptrend Continuation

    12/16/09 - Bond / Stock Rating - View Story

  • AmerisourceBergen Raises First-Quarter Outlook

    12/15/09 - Financial Announcement - View Story

  • FDA OKs Dyax Drug For Rare Swelling Disorder; Stock Soars

    12/01/09 - Joint Venture / Alliance - View Story

  • Fitch Rates AmerisourceBergen's Prospective Notes Offering 'BBB'; Outlook Stable

    11/16/09 - Bond / Stock Rating - View Story

  • AmerisourceBergen ABC Announces $500 Million Stock Buyback Plan; Raises Dividend

    11/12/09 - Stock Split / Dividend - View Story

  • AmerisourceBergen trading higher on earnings report

    11/03/09 - Financial Announcement - View Story

  • Amgen sued over alleged kickbacks

    10/30/09 - Lawsuit Filed - View Story

  • AmerisourceBergen Announces Date and Time for Fourth Quarter and Fiscal Year End Earnings Release

    10/07/09 - Financial Announcement - View Story

  • BRIEF-RESEARCH ALERT-Goldman upgrades AmerisourceBergen to buy

    9/30/09 - Bond / Stock Rating - View Story

  • Goldman Sachs Raises Price Targets for Healthcare Services; Upgrades ABC, Downgrades PSSI

    9/30/09 - Bond / Stock Rating - View Story

  • Business news in brief

    8/07/09 - Stock Split / Dividend - View Story

  • AmerisourceBergen Reaffirms FY09 EPS Guidance; Delays Q3 Earnings Release - Update

    7/09/09 - Financial Announcement - View Story

  • J. Lawrence Wilson Retires from AmerisourceBergen Board of Directors

    6/04/09 - Board Member - Leaving - View Story

  • AmerisourceBergen Splits Stock Two-for-One and Plans to Increase Its Quarterly Dividend 20 Percent

    5/19/09 - Stock Split / Dividend - View Story

  • AmerisourceBergen Announces Date and Time for Fiscal First Quarter Earnings Release

    1/05/09 - Financial Announcement - View Story

  • AmerisourceBergen Authorizes a New $500 Millio...

    11/15/08 - Licensing / Contract - View Story

  • Raymond James Upgrades AmerisourceBergen ABC to Strong Buy

    10/31/08 - Bond / Stock Rating - View Story

News & Analysis

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amerisourcebergen corp. and earnings and seeking alpha - All News and Analysis

Decision Makers

Name (plus bio) Position
R. David Yost President & Chief Executive Officer
Michael D. DiCandilo Executive Vice President & Chief Financial Officer
Thomas H. Murphy Senior Vice President & Chief Information Officer
David W. Neu Senior Vice President, Retail Sales & Marketing
Jeanne Fisher Senior Vice President, HR
John Palumbo Senior Vice President, Health Systems Solutions
Steve H. Collis Executive Vice President & President, AmerisourceBergen Drug Corporation
David M. Senior Senior Vice President, Strategy & Corporate Development
Jack F. Quinn Vice President & Treasurer
John G. Chou Senior Vice President, General Counsel & Secretary
Tim G. Guttman Vice President & Controller
Antonio Pera Senior Vice President, Supply Chain Management
Denise Shane Senior Vice President, Operations

Board of Directors

Name (plus bio) Position
Jane E. Henney Board of Directors
Richard W. Gochnauer Board of Directors
Richard C. Gozon Board of Directors
Charles H. Cotros Board of Directors
Edward E. Hagenlocker Board of Directors
Henry W. McGee Board of Directors
Michael J. Long Board of Directors

Dr. Henney serves on a number of Boards of Directors related to her work in Cincinnati, including UC Foundation, UC Physicians, University Hospital, Health Alliance of Greater Cincinnati, Hoxworth Blood Center, Medical Center Fund of Cincinnati, Bio/Start and OMERIS. She also serves on the boards of The Commonwealth Fund and the China Medical Board in New York City, AmerisourceBergen Corporation and CIGNA Corporation in Philadelphia and AstraZeneca PLC in London. Dr. Henney has received many honors and awards in her field, including election to the National Academy of Sciences Institute of Medicine, the Society of Medical Administrators and honorary membership in the American Colleges of Health Care Executives. She is the recipient of the Excellence in Women's Health Award from the Jacobs Institute, the Public Health Leadership Award from the National Organization of Rare Disorders, the DHHS Secretary's Recognition Award and, on two separate occasions, the PHS Commendation Medal. Dr. Henney has received honorary degrees from North Carolina State University, Manchester College and the University of Rochester. A native of Indiana, Dr. Henney received her undergraduate degree from Manchester College, her medical degree from Indiana University, and completed her subspecialty training in medical oncology at the M.D. Anderson Hospital and Tumor Institute and the National Cancer Institute.

Organization Position Status
Cincytechusa Senior Vice President & Provost for Health Affairs Current
Health Care Solutions Group Board of Directors Current
CIGNA Corporation Board of Directors Current
The Commonwealth Fund Board of Directors Current
China Medical Board of Directors Current
AstraZeneca PLC Director Current
AmerisourceBergen Corporation Board of Directors Current
Association of Academic Health Centers Board of Directors Current
Mycigna Director Current
Co-Operations Inc Deputy Commissioner Former
Association of Academic Health Centers Senior Scholar Former
Fda Launches New Web Deputy Commissioner Former
University of Kansas Interim Dean Former
University of Kansas Medical Center Former
National Cancer Institute Board of Directors Former
Manchester College Undergraduate Degree Former
North Carolina State University Degrees Former
Manchester College Degrees Former
Indiana University School of Medicine Former

Organization Position Status
United Stationers Inc. President & Chief Executive Officer Current
United Stationers Inc. Board of Directors Current
AmerisourceBergen Corporation Board of Directors Current
Fieldstone Communities, LLC. Board of Directors Current
United Stationers Supply Co. CEO Former
Schreiber Foods, Inc. President Former
Golden State Foods President Former
United Stationers Inc. Chief Operating Officer Former
Golden State Foods Chief Operating Officer Former
Corona Del Mar High School Foundation Chair Former
Golden State Foods Vice Chairman Former
Harvard University MBA Former
Northwestern University B.S. Former

R. David Yost President and Chief Executive Officer Dave Yost is President and Chief Executive Officer of AmerisourceBergen Corporation, one of the largest pharmaceutical services companies in the United States with fiscal year 2008 revenues over $70 billion. Mr. Yost was formerly Chairman and Chief Executive Officer of AmeriSource Health Corporation, which merged with Bergen Brunswig Corporation to form AmerisourceBergen in 2001. Mr. Yost joined an AmeriSource predecessor company in 1974, and he has served in a variety of operational, sales and executive capacities, including President; Executive Vice President, Operations; and Co-Chief Operating Officer. Mr. Yost serves on the Board of Directors of the International Federation of Pharmaceutical Wholesalers, the Board of Trustees of Penn Medicine, and is a founding director of the United States Air Force Academy Endowment Board. He is a graduate of the U.S. Air Force Academy and earned his MBA degree from the University of California at Los Angeles (UCLA).

Organization Position Status
AmerisourceBergen Corporation President & Chief Executive Officer Current
PharMerica Corporation Board of Directors Current
Electronic Data Systems Corporation Board of Directors Current
AmerisourceBergen Corporation Board of Directors Current
Ameri-Source Chief Executive Officer Former
Ameri-Source President Former

Michael D. DiCandilo Executive Vice President and Chief Financial Officer Mike DiCandilo is Executive Vice President and Chief Financial Officer of AmerisourceBergen Corporation. He had previously been Vice President and Corporate Controller until being appointed to his current position in 2002. Mr. DiCandilo joined the corporate office of the former AmeriSource in 1995 as Vice President, Controller after serving five years as Regional Vice President of Finance in the Company’s Thorofare, NJ facility. In addition to overseeing the corporation’s corporate finance functions, Mr. DiCandilo also has oversight of corporate information technology function, and two of the Company’s subsidiaries, AmerisourceBergen Packaging Group and PMSI. Prior to joining the former AmeriSource, Mr. DiCandilo served eight years with Ernst & Young. Mr. DiCandilo serves on the Board of Directors of the United Way of Southeastern Pennsylvania. Mr. DiCandilo is a Certified Public Accountant and holds a Bachelor of Science Degree in accounting from the Wharton School of the University of Pennsylvania.

Organization Position Status
AmerisourceBergen Corporation Executive Vice President & Chief Financial Officer Current

Thomas H. Murphy Senior Vice President and Chief Information Officer Mr. Murphy joined AmerisourceBergen in 2004 as Senior Vice President and Chief Information Officer. A graduate of the University of Richmond, he brings to AmerisourceBergen more than twenty years of knowledge and experience in information systems and telecommunications in a large corporate environment, most recently as Vice President and CIO of Royal Caribbean Cruises Ltd. In that capacity, Tom created the vision and gained enterprise approval and funding for the retooling of mission-critical systems that enabled the company to function and compete effectively. He also upgraded the company's warehouse, logistics and contract management systems and created a high-performance, customer-service focused team capable of rapid change to meet dynamic, shifting business priorities. Prior to joining Royal Caribbean in 1999, Tom spent fifteen years in the hospitality industry in IT positions of increasing responsibility. In 2002, he was named to ComputerWorld's Premier 100 list, which honors IT professionals who are considered to be exceptional leaders.

Organization Position Status
AmerisourceBergen Corporation Senior Vice President & Chief Information Officer Current

David W. Neu Senior Vice President, Retail Sales and Marketing Dave Neu is Senior Vice President, Retail Sales and Marketing for AmerisourceBergen Corporation. In this capacity, he oversees the strategic planning and implementation of sales and marketing initiatives in the retail chain and independent community pharmacy markets. Prior to the merger of AmeriSource Health Corporation and Bergen Brunswig in 2001, Mr. Neu was President, Retail Sales and Marketing for Bergen Brunswig.

Organization Position Status
AmerisourceBergen Corporation Senior Vice President, Retail Sales & Marketing Current

Jeanne Fisher Senior Vice President, Human Resources Jeanne Fisher joined AmerisourceBergen in October, 2002 and was named Senior Vice President, Human Resources in January, 2003. Prior to coming to the Company, she was the founder and President of JFA, a human resources executive services business. Jeanne has over 25 years of experience as a human resources management professional, and prior to founding JFA held senior management positions at Jefferson Health System, Main Line Health System, and Rhone-Polenc. Jeanne holds a Master of Science degree in Organizational Dynamics from the University of Pennsylvania, and a Bachelor of Arts degree from Northwestern University.

Organization Position Status
AmerisourceBergen Corporation Senior Vice President, HR Current

John Palumbo Senior Vice President, Health Systems Solutions John Palumbo is Senior Vice President, Health Systems Solutions for AmerisourceBergen, one of the largest pharmaceutical services companies in the United States. Mr. Palumbo leads the Company’s health systems sales and service initiatives and is charged with building and enhancing customer relationships. Prior to joining AmerisourceBergen in October 2004, Mr. Palumbo was President and Vice Chairman of I-Trax. Throughout his career, he has held senior positions at Siemens Medical Solutions, Allscripts, Inc., and Xerox Corporation. In 1986 Mr. Palumbo founded Healthworks Alliance, Inc., a technology company that pioneered health information networks to facilitate movement of patients through the healthcare delivery system. Mr. Palumbo is a graduate of Widener University in Chester, Pennsylvania.

Organization Position Status
AmerisourceBergen Corporation Senior Vice President, Health Systems Solutions Current

Steve Collis is Executive Vice President of AmerisourceBergen and President of AmerisourceBergen Drug Corporation. Mr. Collis was previously President of AmerisourceBergen Specialty Group, a subsidiary of AmerisourceBergen Corporation, based in Dallas, Texas. Mr. Collis held that same position when the group, under the name ASD, was part of Bergen Brunswig Corporation. Bergen Brunswig merged with AmeriSource Health Corporation in 2001. Mr. Collis joined ASD Specialty Healthcare as General Manager shortly after its formation in 1994 and was named President of the Specialty Group in 1999. Prior to joining ASD, he was a principal and General Manager of Sterling Medical in Irvine, California. Born and educated in South Africa, Mr. Collis earned a Bachelor of Commerce degree and a Bachelor of Commerce with Honors degree from the University of the Witwatersrand in Johannesburg. He has completed his articles of clerkship with Price Waterhouse and received his Charter Accountancy license, the South African equivalent of Certified Public Accountant, in 1986. Prior to emigrating to the United States, Mr. Collis was a member of the Johannesburg Stock Exchange. He is an avid supporter of the American Cancer Society and other health-related charities

Organization Position Status
AmerisourceBergen Corporation Executive Vice President & President, AmerisourceBergen Drug Corporation Current
ASD Healthcare President Former

Organization Position Status
AmerisourceBergen Corporation Senior Vice President, Strategy & Corporate Development Current
AmerisourceBergen Corporation Vice President, Business Development Former

J.F. Quinn Vice President and Corporate Treasurer J.F. “Jack” Quinn is Vice President and Corporate Treasurer, AmerisourceBergen Corporation. Mr. Quinn joined the company in 2002, and was previously Treasurer of IKON Office Solutions. Prior to joining IKON in 1994, he served in several treasury management positions at both ARCO Chemical Company and Columbia Gas System Service Corporation. Mr. Quinn also spent four years with the accounting firm of Peat, Marwick, Mitchell & Company. A Certified Public Accountant and Certified Cash Manager, Mr. Quinn graduated from Villanova University and earned his Master of Science degree in Finance from Drexel University. He also serves as an Adjunct Professor of Finance in Drexel’s MBA program.

Organization Position Status
AmerisourceBergen Corporation Vice President & Treasurer Current

John G. Chou is Senior Vice President, General Counsel and Secretary of AmerisourceBergen Corporation. Prior to being named to his current position in January 2007, he was Vice President, Deputy General Counsel and Secretary of the Company. Mr. Chou joined AmerisourceBergen in July 2002. Prior to joining AmerisourceBergen, he was a partner with the law firm of Eckert Seamans Cherin & Mellott. Mr. Chou has been practicing law for over 20 years and previously held senior legal positions with CIGNA Corporation and ARCO Chemical Company, where he was Chief Corporate Counsel and then Chief European Counsel. He started practicing law with a large New York law firm. Mr. Chou is a graduate of Harvard College and the University of Pennsylvania Law School.

Organization Position Status
AmerisourceBergen Corporation Senior Vice President, General Counsel & Secretary Current

Tim G. Guttman is Vice President and Corporate Controller of AmerisourceBergen Corporation. Mr. Guttman joined the Company in 2002, and was previously Corporate Controller of Syncor International. He also held financial planning and financial services managerial positions at Disney Consumer Products, Pizza Hut, Inc. and PepsiCo, Inc. He also spent seven years with the accounting firm of Deloitte & Touche. A Certified Public Accountant, Mr. Guttman graduated from The Ohio State University and earned his Master of Business Administration degree from The University of Texas.

Organization Position Status
AmerisourceBergen Corporation Vice President & Controller Current

Organization Position Status
APP Pharmaceuticals, Inc. Executive Vice President, Generic Business Current
AmerisourceBergen Corporation Senior Vice President, Supply Chain Management Current
Ben Venue Laboratories Incorporated Former
DePaul University M.B.A. Former
University of Illinois bachelor of science degree in business administration Former

Denise Shane is Senior Vice President, Drug Operations for AmerisourceBergen. She has been with the Company for over 20 years in various positions, including seven years as a Regional Vice President, three years as a Distribution Center General Manager, and ten years as a Regional and Divisional Controller. Prior to joining AmerisourceBergen, Denise held various senior financial positions at other firms. Denise holds a degree in Accounting from the University of Dayton.

Organization Position Status
AmerisourceBergen Corporation Senior Vice President, Operations Current

Richard C. Gozon Chairman of the Board * Age 70. * Chairman of the Board of Directors of AmerisourceBergen since February 2006. * Director of AmerisourceBergen since August 2001. * Director of AmeriSource Health Corporation from 1994 to August 2001. * Executive Vice President of Weyerhaeuser Company (international forest products company) and Chairman of North Pacific Paper Company (a joint venture between Weyerhauser Company and Nippon Paper Industries) from June 1994 until his retirement in 2002. * Also a director of AmeriGas Propane, Inc., Triumph Group, Inc. and UGI Corporation and a member of the Board of Trustees of Thomas Jefferson University.

Organization Position Status
AmerisourceBergen Corporation Chairman Current
AmerisourceBergen Corporation Board of Directors Current
UGI Corporation Director Current

Organization Position Status
EdgeStone Capital Partners Inc. Current
AmerisourceBergen Corporation Board of Directors Current

Mr. Hagenlocker joined Ford Motor Company as a research scientist in 1964. He was elected Vice President and named General Manager of Truck Operations in 1986, appointed Vice President of General Operations for Ford North American Automotive Operations in 1992, and appointed Executive Vice President in 1993. He was elected President of Ford Automotive Operations in 1994 and Chairman, Ford of Europe in 1996. He served as Vice Chairman of Ford Motor Company in 1996 and Chairman of Visteon Automotive Systems from 1997 until his retirement in 1999. Mr. Hagenlocker is also a director of AmeriSource Bergen Corporation and Ingersoll-Rand Company Limited.

Organization Position Status
Air Products & Chemicals, Inc. Board of Directors Current
OfficeMax, Inc. Board of Directors Current
AmerisourceBergen Corporation Board of Directors Current
American Standard Companies, Inc. Board of Directors Current
Ingersoll-Rand Company Limited Board of Directors Current
Visteon Corporation Chairman Former
American Standard Companies, Inc. Director Former
Alcatel-Lucent Board of Directors Former

Henry W. McGee President, HBO Video * Age 55. * Director of AmerisourceBergen since November 2004. * President of HBO Home Entertainment (distributor of videos and DVDs), a unit of Home Box Office, Inc., since 1995. * Held variety of other positions with Home Box Office, Inc., Time Warner, Inc. (the parent of Home Box Office, Inc.) and their predecessors since 1979. * President of the Alvin Ailey Dance Foundation, Inc.

Organization Position Status
AmerisourceBergen Corporation Board of Directors Current

Organization Position Status
Arrow Electronics, Inc. Chief Executive Officer Current
AmerisourceBergen Corporation Board of Directors Current
Arrow Electronics, Inc. Board of Directors Current
Arrow Electronics, Inc. President, North America & Asia, Pacific Components Former
University of Wisconsin bachelor's degree in business administration Former
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     ABC $28.68 0.00 (0.00% )
Average Volume 3,126,590
Shares Outstanding 282.38M
Market Cap 8.1B
Year High 37.98
Year Low 17.38
Earnings Per Share 1.86
P/E Ratio 15.42
Dividend 0.32
Yield 1.12
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