Cencora (COR) executive compensation, 2026 proxy

Robert P. Mauch, President and Chief Executive Officer, was paid $18.3M in fiscal 2025, up 97% from $9.3M the year before. The CEO-to-median-employee pay ratio was 198:1, on median employee pay of $92,438.

Filed
January 22, 2026
Annual meeting
March 5, 2026
Pay year
fiscal 2025
Named executives
5
CEO total pay
$18.3M+97% vs prior year
CEO to median employee
198:1median $92,438
CEO pay in equity
66%$12M in awards
Prior say-on-pay support
93%of votes cast
CEO Pay Ratio
198:1Ratio to median employee
Median Employee Pay
$92,438Annual total compensation
Say-on-Pay Support
93%2025 annual meeting support
Total Shareholder Return
40%Fiscal 2025 return

How Mauch was paid

$18.3M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary7%Stock awards66%Non-equity incentive23%All other compensation3%

Named executive officers

ExecutiveTotal
Robert P. MauchPresident and Chief Executive Officer$18,256,227
Steven H. CollisExecutive Chairman$9,680,235
James F. ClearyExecutive Vice President and Chief Financial Officer$6,521,727
Elizabeth S. CampbellExecutive Vice President and Chief Legal Officer$5,176,668
Silvana BattagliaExecutive Vice President and Chief Human Resources Officer$3,663,393

What changed and why

  • $18.3MRobert P. Mauch received $18,256,227 in total compensation for fiscal 2025 following his promotion to CEO.
  • $9.3MTotal compensation for CEO Robert P. Mauch increased significantly from $9,253,192 in fiscal 2024.
  • $321.3BCencora reported strong financial performance with fiscal 2025 revenue of $321.3 billion and a 40% total shareholder return.
  • 93%The say-on-pay proposal at the 2025 Annual Meeting received approximately 93% support from shareholders.
  • No changes were made to the executive compensation program for fiscal 2025 due to strong prior support.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.