internal
Robert P. Mauch
President and Chief Executive Officer
Executive
1 yr
7 reports
Leadership change Robert P. Mauch was promoted to President and CEO (from President) · DEF 14A, Jan 22, 2026
Cencora, Inc. ·COR
Two global presidents run the business under a functional CEO
Healthcare · Fortune #10 · Functional structure · 46K employees · Conshohocken, PA
View as of:
8
CEO span
↓ tighter than peers (avg 12)
1.6
Avg span
tight
2
Max depth
2 levels
4 yr
Avg tenure
↓ 4.0yr from FY2024
12%
Internal hires
↓ below industry avg
Consolidated financials FY2025 · period end 2025-09-30 · 10-K
Revenue
$321.3B
Operating income
$2.6B
Net income
$1.6B
Total assets
$76.6B
Shares out
194M
Sourced from Cencora, Inc. DEF 14A · filed 2026-01-22 ↗ View on SEC
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Cencora, Inc. organizational chart
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Cencora uses a functional executive structure in which two global business presidents report directly to the CEO alongside core corporate functions. This page maps the current leadership team, explains the unusually flat top structure, reviews recent leadership changes, and compares Cencora’s model with key healthcare distribution peers.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal James F. Cleary departed as Executive Vice President and Chief Financial Officer
Announced retirement effective June 30, 2026.
Source · See change logScenario views in the chart
- CFO Departs: Succession Planning Models the organization after the CFO role becomes vacant following retirement, highlighting interim coverage and reporting strain.
- Add Chief Operating Officer Introduces a COO to consolidate U.S. and International operations under a single operational leader.
Atlas work this supports
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The people
Who's running this
8 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
Silvana Battaglia
Executive Vice President and Chief Human Resources Officer
Human Resources
5 yr
0 reports
Elizabeth S. Campbell
Executive Vice President and Chief Legal Officer
Legal
4 yr
0 reports
James F. Cleary
Executive Vice President and Chief Financial Officer
Finance
6 yr
0 reports
François Mandeville
Executive Vice President and Chief Strategy and M&A Officer
Strategy
3 yr
0 reports
Pawan Verma
Executive Vice President and Chief Data and Information Officer
Technology
2 yr
0 reports
Richard Tremonte
EVP and President, U.S. Pharmaceuticals and Animal Health
U.S. Operations
4 yr
0 reports
Juan Guerra
EVP and President, International Business Group
International
5 yr
0 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 2 named executive officers disclosed. Bar length scales with total compensation.
Robert P. Mauch $18.3M
- Base salary
- $1.35M
- Stock awards
- $12.00M
- Non-equity incentive
- $4.28M
- Other
- $623K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
James F. Cleary $6.5M
- Base salary
- $926K
- Stock awards
- $3.80M
- Non-equity incentive
- $1.68M
- Other
- $117K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The skin in the game
Beneficial ownership
Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.
| Holder | Shares | % of class |
|---|---|---|
| Robert P. Mauch | 115K | <1% |
| James F. Cleary | 146K | <1% |
The businesses
How Cencora, Inc. divides the work
3 divisions report into the group CEO. Tile size scales with estimated headcount.
U.S. Pharmaceuticals and Animal Health
25K employees
EVP and President, U.S. Pharmaceuticals and Animal Health (Richard Tremonte)
Manages U.S. pharmaceutical and animal health distribution and related services.
International Business Group
15K employees
EVP and President, International Business Group (Juan Guerra)
Oversees pharmaceutical distribution and services outside the United States.
Corporate Functions
6K employees
President and CEO (Robert P. Mauch)
Includes finance, legal, HR, strategy, and enterprise technology functions.
The thesis
Why this org is unusual
Cencora’s most distinctive feature is that its two geographic business presidents report directly to the CEO alongside functional chiefs.
This places full P&L ownership for the U.S. and International businesses at the same level as Finance, HR, Legal, Strategy, and Technology. The structure emphasizes functional scale and control rather than creating multiple divisional CEOs.
The CEO’s span of control is relatively wide, with eight direct reports covering both operations and corporate functions. Notably, there is no standalone COO role; operational accountability sits with the two regional presidents. This reinforces a functional operating model with strong central oversight, typical of large healthcare distributors.
Compared with peers, Cencora’s leadership team is compact for a Fortune 10 company, reflecting a preference for centralized decision-making and limited management layers at the top.
- No COO role
- Two geographic presidents report directly to CEO
The comparison
How Cencora, Inc. stacks up
Relative to peers such as McKesson and Cardinal Health, Cencora runs a similarly functional model but with fewer C-suite roles dedicated to technology or innovation. Unlike some peers, it separates U.S. and International P&L leadership explicitly at the EVP level. The absence of a COO contrasts with Cardinal …
C-suite size
Reporting depth
Cencora, Inc.
2 levels
4 levels
5 levels
6 levels
6 levels
Avg C-suite tenure
Has COO / Has CAIO
Cencora, Inc. — no COO — no CAIO
Current signals
What changed recently
The most significant change is the announced retirement of CFO James F. Cleary effective June 30, 2026.
- departedJames F. Cleary Executive Vice President and Chief Financial Officer
Announced retirement effective June 30, 2026.
Source - new
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-01-22
- CEO
- Robert P. Mauch
- CEO span
- 8
- C-suite
- 5
- Avg tenure
- 4 yr
First full year with Mauch as CEO following Collis transition.
Named executive officers (4)
- Robert P. Mauch - President and CEO since 2024
- James F. Cleary - EVP and CFO
- Elizabeth S. Campbell - EVP and Chief Legal Officer
- Silvana Battaglia - EVP and CHRO
FY2024
DEF 14A filed 2025-01-23
- CEO
- Steven H. Collis
- CEO span
- 7
- C-suite
- 6
- Avg tenure
- 8 yr
CEO succession announced with Mauch designated successor.
Named executive officers (1)
- Steven H. Collis - President and CEO since 2011
FY2023
DEF 14A filed 2024-01-24
- CEO
- Steven H. Collis
- CEO span
- 7
- C-suite
- 6
- Avg tenure
- 9 yr
Stable long-tenured leadership under Collis.
Named executive officers (1)
- Steven H. Collis - President and CEO since 2011
Year-over-year changes
The CEO transition to Mauch reduced average executive tenure and slightly expanded the CEO’s span.
- CEO span: 7 → 8
- C-suite size: 6 → 5
- Avg tenure: 8 → 4 yr
- promoted Robert P. Mauch - President and CEO (was President) (DEF 14A, Jan 22, 2026)
Frequently Asked Questions
Who is the CEO of Cencora?
Robert P. Mauch has served as President and CEO since October 2024.
What type of organizational structure does Cencora use?
Cencora uses a primarily functional structure with centralized corporate functions.
How many direct reports does Cencora's CEO have?
The CEO currently has eight direct reports.
How has Cencora's leadership changed recently?
In March 2026, CFO James F. Cleary announced his retirement effective June 30, 2026.
Does Cencora have a COO?
No, Cencora does not have a COO; operations are led by the U.S. and International presidents.
Sources
- 8-K Filing, Mar 17, 2026
- 8-K Filing, Jan 22, 2026
- SEC EDGAR: Cencora, Inc. DEF 14A Proxy Statement
- SEC EDGAR: Cencora, Inc. 10-K Annual Report
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2026). Cencora, Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/cencora/MLA 9th
"Cencora, Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/cencora/. Accessed .Chicago 17
Creately. "Cencora, Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/cencora/.Original SEC source View on SEC ↗
Cencora, Inc.. DEF 14A. Filed 2026-01-22. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1140859/000162828026003061/cor-20260122.htmPermanent URL: https://creately.com/org-chart/fortune-500/cencora/ · last updated 2026-04-01