Director of Major U.S. Pharmaceutical Distributor Makes Multi-Million Dollar Stock Purchase

(Cencora, Inc. (COR)) Board member D. Mark Durcan purchased 4,000 shares of the company’s common stock in the open market on May 28 at $266.26 per share—totaling approximately $1.07 million (about KRW 1.5 billion). This brings his direct holdings to over 27,000 shares, valued at roughly $7 million (around KRW 10 billion) at current market prices.

On June 15, Cencora announced that Chief Human Resources Officer Silvana Battaglia, who has led the HR organization for seven years, will retire effective July 13 and transition to a special advisor role through year-end. At the same time, Samantha Hammock—formerly head of HR at Verizon Communications and American Express—has been appointed CHRO, reporting directly to CEO Bob Mauch.

Cencora recently completed a $3 billion senior notes offering and set its fiscal 2026 adjusted diluted EPS guidance at $17.45–$17.75 per share. The company is also advancing its supply-chain services with its logistics and data platform, Fusion Center, which provides real-time visibility into pharmaceutical shipments.

Earlier, the company announced that CFO James F. Cleary will retire on June 30, 2026, and that Eva Boratto will succeed him as CFO on June 29, marking a concurrent leadership transition in its finance and HR functions.

Formerly known as AmerisourceBergen, Cencora is a leading U.S. pharmaceutical wholesaler, distributor, and contract research organization. Operating in more than 50 countries, it provides supply-chain and related services that connect pharmaceutical manufacturers with hospitals and pharmacies, and is a member of the S&P 500.

Since joining in 2019, Silvana Battaglia has overseen workforce strategy, compensation, and organizational development for the company’s approximately 46,000 employees worldwide. After retiring, she will remain on as a special advisor through the end of the year to support the incoming CHRO.