– USA, PA – AmerisourceBergen Corporation (NYSE: ABC) today announced that Gregory D. Wasson, President and Chief Executive Officer of Walgreen Co. (Walgreens) (NYSE, Nasdaq: WAG), has been elected to its Board of Directors, effective immediately. The election of Mr. Wasson expanded the Company’s Board of Directors to 11 members. Mr. Wasson has not been appointed to serve on any committees of the Board.
Walgreens was entitled to designate a director to the AmerisourceBergen Board of Directors as part of the strategic long-term relationship the Company entered into with Walgreens and Alliance Boots GmbH in March of 2013. “We are very pleased to have Greg join the AmerisourceBergen Board of Directors,” said Richard C. Gozon, Chairman of the Board of AmerisourceBergen. “His extensive healthcare experience, strategic vision, and commitment to working collaboratively to drive growth and shareholder value for both AmerisourceBergen and Walgreens, will make Greg a tremendous asset to the Board.”
“I am thrilled to have Greg join our Board of Directors,” added Steven H. Collis, President and Chief Executive Officer of AmerisourceBergen. “With his innovative insights, long-standing commitment to community pharmacy, and demonstrated partnership philosophy, I am certain that Greg will make valuable contributions to our Board.”
Mr. Wasson is currently the President and Chief Executive Officer of Walgreens, and has served on the Walgreens board of directors since 2009. A graduate of Purdue University’s School of Pharmacy, Mr. Wasson has served in a number of senior management and executive positions throughout his 33-year career with Walgreens, including President and Chief Operating Officer of Walgreens from May 2007 to February 2009, Executive Vice President from October 2005 to May 2007, Senior Vice President from February 2004 to October 2005 and Vice President from October 2001 to February 2004. He was also President of Walgreens Health Services from March 2002 to May 2007. Mr. Wasson has served as a director of Alliance Boots GmbH since August 2012 and of Verizon Communications, Inc. since March 2013.
AmerisourceBergen is one of the largest global pharmaceutical sourcing and distribution services companies, helping both healthcare providers and pharmaceutical and biotech manufacturers improve patient access to products and enhance patient care. With services ranging from drug distribution and niche premium logistics to reimbursement and pharmaceutical consulting services, AmerisourceBergen delivers innovative programs and solutions across the pharmaceutical supply channel. With over $100 billion in annualized revenue, AmerisourceBergen is headquartered in Valley Forge, PA, and employs approximately 13,000 people. AmerisourceBergen is ranked #32 on the Fortune 500 list.
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