PharMerica Corporation is pharmacy management services provider dedicated to providing quality customer service and innovative pharmacy solutions to customers and patients in long-term care settings and in the home. PharMerica is a public company formed through the combination of the institutional pharmacy business of national healthcare services company Kindred Healthcare Inc. and pharmaceutical services company AmerisourceBergen.

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News & Events

08/09/16

PharMerica Corporation Announces Planned Retirement of Chief Financial Officer David W. Froesel, Jr.

Search Process Underway to Identify Successor LOUISVILLE, Ky.--(BUSINESS WIRE)--Aug. 9, 2016-- PharMerica Corporation (NYSE: PMC), a national provider of institutional pharmacy, specialty infusion and hospital pharmacy management services, today announced that David W. Froesel Jr., Executive Vice President, Chief Financial Officer and Treasurer, intends to retire from the Company. Mr. Froesel will continue as Chief Financial Officer through th

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Stock Information

PMC (Common Stock) $24.67 Stock is Down 0.9 (3.52%)
Data as of 08/25/16  4:01 p.m. ET

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Stock chart for: PMC.  Currently trading at $24.67 with a 52 week high of $35.81 and a 52 week low of $19.79.

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Corporate Governance

The corporate governance mission of PharMerica Corporation (the "Company") is to maximize stockholder value while operating in accordance with the law and a high set of ethical standards. Ultimately, the corporate authority to carry out this mission rests with the Company's board of directors (the "Board"), as the representative of the stockholders. While the Board delegates authority to management to implement the Company's mission on a day-to-day basis, the Board retains primary responsibility over the governance of the Company. Specifically, the Board will retain the authority to: (i) recommend candidates to the stockholders for election to the Board; (ii) select and evaluate the CEO; (iii) oversee the Company's succession plan; (iv) determine senior management compensation; (v) ensure the existence of adequate systems, procedures and controls; and (vi) assist in the approval of a financial operating plan and strategic direction. Additionally, the Board provides advice and counsel to senior management.