Stock Quote        
  Join        Login  
logo

AmerisourceBergen Names Tim G. Guttman Senior Vice President and Chief Financial Officer

Friday, May 11, 2012 8:30 AM

AmerisourceBergen Corporation (NYSE: ABC) today announced that Tim G. Guttman, 53, has been named Senior Vice President and Chief Financial Officer, effective immediately. Guttman will report to Steven H. Collis, AmerisourceBergen’s President and Chief Executive Officer. He had been serving as the Company’s Acting Chief Financial Officer since February 13, 2012, and was Vice President and Corporate Controller since joining AmerisourceBergen in 2002.

“I am very pleased to appoint Tim to his new role,” said Collis. “Since he joined the Company 10 years ago, he has demonstrated his ability to drive financial discipline throughout the organization, and he has been an important partner in driving our operating performance. He brings a thorough knowledge of our business as well as unique perspectives from other industries to our leadership team, and I am confident that he will continue to play a key role in our future success.”

“I am excited to be taking this new role and to continue to help drive strong financial performance and deliver value to our shareholders,” said Guttman. “We have tremendous opportunities ahead, driven by the growth areas of the markets we serve, and the unique services we provide to manufacturers and healthcare providers. In addition, our demonstrated expense and working capital discipline, as well as our strong balance sheet give us excellent financial flexibility.”

Prior to joining AmerisourceBergen, Guttman was Vice President of Finance at Syncor International Corporation, and also previously held financial planning and managerial positions at Disney Consumer Products, Pizza Hut, Inc., and PepsiCo, Inc. He also spent seven years with the accounting firm of Deloitte & Touche.

Mr. Guttman graduated from The Ohio State University and earned his Master of Business Administration degree from The University of Texas.

The Company expects to fill the role of Corporate Controller internally.

About AmerisourceBergen

AmerisourceBergen is one of the world's largest pharmaceutical services companies serving the United States, Canada and selected global markets. Servicing both healthcare providers and pharmaceutical manufacturers in the pharmaceutical supply channel, the Company provides drug distribution and related services designed to reduce costs and improve patient outcomes. AmerisourceBergen's service solutions range from niche premium logistics and pharmaceutical packaging to reimbursement and pharmaceutical consulting services.


Follow iStockAnalyst on Twitter Follow iStockAnalyst on Twitter
Subscribe to Email Alerts
Advertisement
Post Comment -- Login is required to post message
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
 




Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.