Cencora, Inc. (NYSE: COR) announced that its Board of Directors has elected Robert E. Sanchez as an independent director, effective October 1, 2026.

Sanchez serves as Executive Chair of Ryder System, Inc., where he previously held the role of Chair and Chief Executive Officer until his retirement in March 2026. He joined Ryder more than two decades ago and held several senior positions, including President and Chief Operating Officer, President of Global Fleet Management Solutions, and Executive Vice President and Chief Financial Officer before becoming CEO in 2013.

Mark Durcan, Chair of Cencora's Board of Directors, cited Sanchez's background in logistics and supply chains as complementary to the board's existing expertise. Robert P. Mauch, President and CEO of Cencora, noted Sanchez's experience across operations, finance, and technology.

Sanchez also serves on the Board of Directors of Texas Instruments and as a Trustee of the University of Miami. He holds an MBA from the Wharton School of the University of Pennsylvania and a bachelor's degree from the University of Miami.