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AmerisourceBergen Promotes Kurt J. Hilzinger to President and Chief Operating Officer

10/31/02
VALLEY FORGE, Pa., Oct 31, 2002 (BUSINESS WIRE) -- AmerisourceBergen Corporation (NYSE:ABC) today announced that its Board of Directors has elected Kurt J. Hilzinger, 42, President and Chief Operating Officer of the Company, effective immediately. Hilzinger previously was Executive Vice President and Chief Operating Officer. He continues to report directly to R. David Yost, AmerisourceBergen's Chief Executive Officer and his duties and direct reports remain the same. Prior to Hilzinger's election, Yost also held the title of President.

"Kurt's election is a clear recognition of his critical role in the Company and his significant contribution in building AmerisourceBergen," said Yost, "Kurt and I have worked together for more than a decade, and he is without question one of the most capable, competent, and energetic executives in the industry. His strong leadership will be invaluable as we continue to build this industry leading Company."

"I am excited about continuing to help create value for our shareholders, customers, suppliers and employees," said Hilzinger. "AmerisourceBergen continues to have tremendous potential. We are building the most efficient distribution network in the industry; rolling out new programs and solutions for our customers; bringing added services to our suppliers; and developing the kind of Company where our associates can achieve their career goals."

Hilzinger was named Executive Vice President and Chief Operating Officer of AmerisourceBergen upon the merger of AmeriSource Health Corporation and Bergen Brunswig Corporation in August 2001. Previously, he was President and Chief Operating Officer of AmeriSource, which he joined in 1991. He held a number of other key roles with AmeriSource, including Senior Vice President and Chief Financial Officer.

Prior to joining AmeriSource, Hilzinger held several positions at Citigroup. Earlier in his career, he was an associate with the accounting firm of PricewaterhouseCoopers.

Hilzinger is a member of the Board of Directors of the Healthcare Distribution Management Association (HDMA) and is a Certified Public Accountant. He is a 1983 graduate of the University of Michigan.

    About AmerisourceBergen
AmerisourceBergen (NYSE:ABC) is the largest pharmaceutical services company in the United States dedicated solely to the pharmaceutical supply chain. It is the leading distributor of pharmaceutical products and services to the hospital systems and acute care market, alternate care facilities, independent community pharmacies, and regional chain pharmacies. The Company is also a leader in the institutional pharmacy marketplace. With more than $40 billion in annualized operating revenue, AmerisourceBergen is headquartered in Valley Forge, PA, and employs more than 13,000 people serving over 25,000 customers.

CONTACT:          AmerisourceBergen
                  Michael N. Kilpatric, 610/727-7118
                  mkilpatric@amerisource.com

Corporate Overview

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..

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