VALLEY FORGE, Pa.--(BUSINESS WIRE)--April 26,
2004--AmerisourceBergen Corporation (NYSE:ABC), one of the largest
pharmaceutical services companies in the U.S., today named Leonardo
(Len) DeCandia, 44, Senior Vice President, Supply Chain Management,
effective immediately. In this new role, Mr. DeCandia will help lead
the delivery of value added services to our manufacturer and
healthcare provider partners including the procurement of all products
and services within the AmerisourceBergen Drug Corporation. He will be
responsible for designing and implementing strategies to improve the
efficiency and integrity of the supply chain and for driving the
continued evolution in supplier relationships. Mr. DeCandia will
report directly to Terrance Haas, President, AmerisourceBergen Drug
Corporation.
"We are excited to welcome Len to AmerisourceBergen," said Kurt
Hilzinger, President and Chief Operating Officer. "His valuable
combination of experience in pharmaceutical product sourcing and
manufacturing will bring unique insight to our manufacturer and
healthcare provider relationships, and will strengthen our commitment
to a collaborative approach with our manufacturer business partners."
Mr. DeCandia brings to AmerisourceBergen over 22 years of
experience on the manufacturer side of the pharmaceutical supply
channel. He was most recently Vice President, Chief Sourcing Officer,
Supply Chain at Hoffmann-LaRoche Inc. Prior to his career at
Hoffman-LaRoche, he spent 14 years with Johnson & Johnson.
During the course of his extensive career, Mr. DeCandia has been
responsible for engineering, product management, sourcing,
procurement, materials management, and logistics.
Mr. DeCandia earned both his BS in Mechanical Engineering and MBA
from Rutgers University.
About AmerisourceBergen
AmerisourceBergen (NYSE:ABC) is one of the largest pharmaceutical
services companies in the United States. Servicing both pharmaceutical
manufacturers and healthcare providers 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 pharmacy automation,
bedside medication safety systems, and pharmaceutical packaging to
pharmacy services for skilled nursing and assisted living facilities,
reimbursement and pharmaceutical consulting services, and physician
education. With more than $47 billion in annualized operating revenue,
AmerisourceBergen is headquartered in Valley Forge, PA, and employs
more than 14,000 people. AmerisourceBergen is ranked #22 on the
Fortune 500 list. For more information, go to
www.amerisourcebergen.com.
FORWARD-LOOKING STATEMENTS
This news release may contain certain "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. These statements
are based on management's current expectations and are subject to
uncertainty and changes in circumstances. Actual results may vary
materially from the expectations contained in the forward-looking
statements. Forward-looking statements may include statements
addressing future financial and operating results of AmerisourceBergen
and the benefits and other aspects of the 2001 merger between
AmeriSource Health Corporation and Bergen Brunswig Corporation.
The following factors, among others, could cause actual results to
differ materially from those described in any forward-looking
statements: competitive pressures; the loss of one or more key
customer relationships; customer insolvencies; changes in customer
mix; changes in pharmaceutical manufacturers' pricing and distribution
policies; regulatory changes; changes in U.S. government policies;
failure to integrate the businesses of AmeriSource and Bergen Brunswig
successfully; failure to obtain and retain expected synergies from the
merger of AmeriSource and Bergen Brunswig; and other economic,
business, competitive, regulatory and/or operational factors affecting
the business of AmerisourceBergen generally.
More detailed information about these factors is set forth in
AmerisourceBergen's filings with the Securities and Exchange
Commission, including its Annual Report on Form 10-K for fiscal 2003.
AmerisourceBergen is under no obligation to (and expressly
disclaims any such obligation to) update or alter any forward looking
statements whether as a result of new information, future events or
otherwise.
CONTACT: AmerisourceBergen Corporation, Valley Forge
Michael N. Kilpatric, 610-727-7118
mkilpatric@amerisourcebergen.com
SOURCE: AmerisourceBergen Corporation