updated 11/12/2010 9:15:36 AM ET 2010-11-12T14:15:36

Drug distributor AmerisourceBergen Corp. on Friday promoted Steven Collis, the president of its largest subsidiary, to president and chief operating officer of the company.

Collis, 49, has been president of the AmerisourceBergen Drug Corp. business since August 2009. Before that he was president of the company's specialty group. The company said R. David Yost is still its CEO, but has given up the title of president. The changes are effective immediately.

AmerisourceBergen has not had a chief operating officer since September 2007, when President and COO Kurt Hilzinger resigned to join a private equity firm.

Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 4.71%
$30K home equity loan FICO 5.26%
$75K home equity loan FICO 4.70%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.42%
13.42%
Cash Back Cards 17.94%
17.94%
Rewards Cards 17.14%
17.14%
Source: Bankrate.com