McKesson Corporation has announced a significant leadership transition in its finance department. Britt Vitalone, the long-serving Executive Vice President and Chief Financial Officer (CFO), has elected to retire after two decades with the company. He will be succeeded by Kenny Cheung, who joins McKesson from Sysco.
Britt Vitalone, who has been instrumental in shaping McKesson’s financial strategy and performance for two decades, including more than eight years as CFO, has decided to retire. His contributions have been recognized for advancing the company’s financial performance, engaging with shareholders, and fostering a culture of financial discipline. Vitalone’s leadership has been credited with driving value creation and strengthening the company’s financial foundation.
Following his retirement as CFO, Vitalone will continue to support McKesson in a strategic advisory capacity. This role will be crucial in facilitating a seamless handover and assisting with the planned separation of McKesson’s Medical Surgical Solutions business.
Kenny Cheung is set to join McKesson as the new Executive Vice President and CFO, with his appointment effective May 29, 2026. Cheung brings a wealth of experience from his previous role as Executive Vice President and Chief Financial Officer at Sysco, where he was responsible for global financial planning and analysis, accounting, audit, tax, and corporate finance.
The leadership change coincides with a period of strong performance for McKesson. The company recently announced its third-quarter earnings, which featured record revenue and adjusted operating profit. This success is attributed to continued momentum across its oncology and multispecialty and biopharma services platforms, as well as the strength of its core distribution businesses. McKesson’s strategic execution has led to impressive returns, with its stock showing significant gains over the past year. The company has also demonstrated a commitment to shareholder returns, having raised its dividend for 18 consecutive years.