Flash FinanceUS
Market closed S&P 5007,549.94+2.35% Nasdaq25,253.14+2.74% Dow 3052,389.75+2.15% Russell 20002,840.81+3.15% Nasdaq-10027,907.62+3.40% MidCap 4003,715.23+3.13% SmallCap 6001,722.37+2.89% VIX19.92-22.31% 10Y Yield4.86+0.10% Close of Nov 09, 2026
AI brief of an SEC Form 8-K · McKesson (MCK)

McKesson CFO Britt Vitalone to retire; Kenny Cheung named successor effective May 29, 2026

Neutral Impact 4 of 5 leadership Written later

McKesson said CFO Britt Vitalone will retire, with his last day as CFO on May 28, 2026, and Kenny Cheung, formerly CFO of Sysco, will take over as CFO effective May 29, 2026. Vitalone will then serve as a non-employee advisor under a $50,000 monthly advisory fee, and the filing describes Cheung's sign-on and ongoing pay package. A CFO change at a company of this size is a significant leadership event for shareholders, though the filing reports no change in financial results or guidance.

Key points

  • Britt Vitalone's last day as CFO is May 28, 2026; he remains an employee through July 1, 2026
  • Kenny Cheung, 44, will become EVP and CFO on May 29, 2026; he previously was CFO of Sysco from 2023 and CFO of Hertz from 2020 to 2023
  • Cheung's package includes a $3,500,000 sign-on bonus, $6,000,000 in sign-on restricted stock units, and a $1,050,000 base salary
  • Vitalone's advisory agreement, effective July 2, 2026, pays a $50,000 monthly fee

The filing

CompanyMcKesson (MCK)
Form8-K, current report
Filed with the SECMar 5, 2026, 8:16 AM ET
Accession number0000927653-26-000035

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.