Cencora elects Robert E. Sanchez to board, expanding to 11 directors

Cencora, Inc. (NYSE: COR) said its board appointed Robert E. Sanchez as a director effective Oct. 1, 2026, according to a Form 8-K filed Friday morning. In connection with the appointment, the board increased from 10 to 11 members. Shares traded near $306 midday, down about 1.3% on the session and roughly 10% year to date.

Sanchez will serve as an independent director and will receive the same benefits and compensation as other non-employee directors under the company’s Compensation Policy for Non-Employee Directors, the 8-K said. He has not yet been named to any board committees. The filing said there are no arrangements or understandings pursuant to which he was appointed, no family relationships with directors or executive officers, and no transactions requiring Item 404(a) disclosure.

A Sept. 25 press release filed as Exhibit 99.1 said Sanchez is Executive Chair of Ryder System, Inc., where he previously served as Chair and Chief Executive Officer until his retirement in March 2026. He also serves on the board of Texas Instruments and as a trustee of the University of Miami.

Board Chair Mark Durcan said Sanchez’s experience as a public-company CEO, including “his deep understanding of logistics and supply chains, will complement the Board’s skill set.” President and CEO Robert P. Mauch said Sanchez’s “breadth of experience across operations, finance and technology will add valuable insight as we advance Cencora’s priorities.”

By the numbers

• Effective date: Oct. 1, 2026
• Board size: 10 → 11
• Status: independent / non-employee director
• Committees: none named yet
• Other boards cited: Texas Instruments; University of Miami trustee

Sources

1. Cencora, Inc. Form 8-K, accession 0001104659-26-110624
2. Cencora, Inc. Form 8-K Exhibit 99.1 press release dated Sept. 25, 2026

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