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AmerisourceBergen CFO to retire; successor named

AmerisourceBergen Corp. said that Tim Guttman, the company's executive vice president and CFO, will retire from the company.

Guttman will step down as the company's CFO as of Nov. 9 and continue in an advisory role into fiscal year 2019 in order to help with a smooth transition, the Pennsylvania-based company said in a Sept. 10 press release.

James Cleary will succeed Guttman in both of his previous roles. Cleary, who has been with the company since 2015, currently serves as the pharmaceutical company's group president and executive vice president for global commercialization services and animal health.