McKesson CFO Jeff Campbell steps down

SAN FRANCISCO — McKesson has announced that Jeffrey C. Campbell, EVP and CFO, will leave the company at the end of June to become the CFO of American Express.

Campbell has served McKesson as CFO since 2003, playing an instrumental role in extending the company’s leadership in healthcare services and information technology, the company stated.

“Jeff is a talented executive and we thank him for his tremendous contributions over the past decade,” stated John Hammergren, chairman and CEO of McKesson. “He has superbly guided McKesson’s financial functions during a period of steady growth and shareholder value creation, and he has developed a strong team of individuals who will continue leading our finance operations during this transition. We wish Jeff the greatest success in his future with American Express.”

Until Campbell’s permanent replacement has been named, Nigel A. Rees, VP and controller, will assume the role of interim CFO, effective June 28. A 12-year McKesson veteran, Rees previously served as SVP of finance at Adecco, SA, a global staffing and professional services company. He also has held senior finance leadership roles with Tandem Computers, International Microcomputer Software and Challenge Dairy Products.

“My time at McKesson has been an extraordinary experience, and I am delighted to be leaving the company in such great shape,” stated Campbell. “It has been a privilege to contribute to McKesson’s success and I believe that few organizations are better positioned to capitalize on the opportunities ahead in health care. After a decade of working with John and the team to build a world-class finance function, I am excited to begin a new chapter with American Express and help one of the world’s most respected financial services firms extend its track record of performance.”

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