8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 21, 2020 (July 16, 2020)

IQVIA HOLDINGS INC.

(Exact name of registrant as specified in its charter)

Delaware	001-35907	27-1341991
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

83 Wooster Heights Road

Danbury, Connecticut 06810

and

4820 Emperor Blvd.

Durham, North Carolina 27703

(Address of principal executive offices)

Registrant’s telephone number, including area code: (203) 448-4600 and (919) 998-2000

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class	Trading Symbol	Name of Each Exchange on which Registered
Common Stock, par value $0.01 per share	“IQV”	New York Stock Exchange LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Appointment of Ronald E. Bruehlman as Executive Vice President and interim Chief Financial Officer

On July 21, 2020, IQVIA Holdings Inc. (the “Company”) announced the appointment of Ronald E. Bruehlman to serve as Executive Vice President and interim Chief Financial Officer, effective August 1, 2020. Mr. Bruehlman, age 59, previously served as Chief Financial Officer of IMS Health Holdings, Inc. (“IMS Health”) from 2011 until the merger of IMS Health and Quintiles Transnational Holdings Inc. in October 2016 (the “Merger”). Since the Merger, Mr. Bruehlman has served as a senior advisor to Ari Bousbib, Chairman and Chief Executive Officer of the Company. In addition, Mr. Bruehlman currently serves as Chairman of the Board of Directors at Q² Solutions, a joint venture between the Company and Quest Diagnostics Incorporated and a leading clinical trial laboratory services organization.

Prior to joining IMS Health and the Company, Mr. Bruehlman spent 23 years with United Technologies Corporation, where he held multiple senior finance leadership roles of increasing responsibility. These included leading the finance function at UTC Commercial, Chief Financial Officer of Carrier Corporation, heading the corporate financial planning and analysis function for UTC and leading UTC’s investor relations function.

Departure of Michael R. McDonnell as Executive Vice President and Chief Financial Officer

On July 16, 2020, Michael R. McDonnell informed the Company of his intention to leave the Company to become the CFO of Biogen Inc. Mr. McDonnel’s last day will be July 31, 2020.

Item 7.01 Regulation FD Disclosure.

On July 21, 2020, the Company issued a press release announcing Mr. Bruehlman’s appointment and Mr. McDonnell’s departure, which is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

Exhibit No.	Description
99.1	Press release dated July 21, 2020
104	Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: July 21, 2020

IQVIA HOLDINGS INC.
By:	/s/ Eric Sherbet
	Eric Sherbet
	Executive Vice President, General Counsel and Secretary

EX-99.1

Exhibit 99.1

Contact:	Tor Constantino, IQVIA Media Relations (tor.constantino@iqvia.com)
	+1.484.567.6732
	Andrew Markwick, IQVIA Investor Relations (andrew.markwick@iqvia.com) +1.973.257.7144

IQVIA Appoints Ron Bruehlman Executive Vice President and interim

Chief Financial Officer

DANBURY, Conn. & RESEARCH TRIANGLE PARK, N.C. July 21, 2020 – IQVIA Holdings Inc. (“IQVIA”) (NYSE:IQV), a leading global provider of advanced analytics, technology solutions, and contract services to the life sciences industry, today announced the appointment of Ron Bruehlman as Executive Vice President and interim Chief Financial Officer, succeeding Mike McDonnell who is leaving the company to become Chief Financial Officer of Biogen Inc.

Ron was previously the Chief Financial Officer of IMS Health from 2011 until the merger of IMS Health and Quintiles in 2016. Since the merger, Ron has continued to play an active role on the executive leadership team at IQVIA, serving as a senior advisor to Ari Bousbib, Chairman and CEO of IQVIA. During this time, Ron regularly participated in key management meetings, operational reviews, preparation of quarterly earnings reports, and board meetings, providing on-going guidance and support to Mike and the senior finance team. In addition, Ron currently serves as Chairman of the Board of Directors at Q² Solutions, an IQVIA and Quest Diagnostics joint venture and a leading clinical trial laboratory services organization. He has an excellent understanding of IQVIA’s strategy, operations, customers and the healthcare industry.

Prior to joining IMS Health, Ron had a 23-year career at United Technologies Corporation (UTC), where he held multiple senior finance leadership roles of increasing responsibility. These included leading the finance function at UTC Commercial, Chief Financial Officer of Carrier Corporation, heading the corporate financial planning and analysis function for UTC and leading UTC’s investor relations function. Ron earned a B.S. in economics from the University of Delaware, as well as an MBA in finance from the University of Chicago, Booth School of Business.

“I am thrilled Ron has agreed to serve as our interim CFO. I have known and worked continuously with Ron for nearly 25 years. Ron is a world class CFO with outstanding strategic and operational skills, a deep knowledge of our company and industry, as well as extensive experience in leading large global finance organizations,” said Ari Bousbib, Chairman and CEO of IQVIA. Bousbib added, “Ron is widely respected and admired across IQVIA and will assume this role seamlessly. I want to thank Mike for his contributions to IQVIA and wish him well in his new role.”

“I am excited to continue serving the company as we navigate through the COVID-19 situation, execute the strategy that we first envisioned at the time of the merger, and drive towards achievement of our Vision 22 goals”, said Mr. Bruehlman.

“I am extremely grateful for the opportunity Ari gave me to be a part of this great company and proud of what the team has accomplished. IQVIA is on a uniquely attractive strategic path and as a shareholder, I look forward to IQVIA’s continued success. Ron and I have worked hand-in-hand over the past four years and this will be an easy and immediate transition,” said Mr. McDonnell.

IQVIA will engage in a methodical process to consider a long-term successor. The company will evaluate several highly qualified internal candidates as well as external candidates. Mr. Bruehlman’s appointment is effective from August 1, 2020.

About IQVIA

IQVIA (NYSE:IQV) is a leading global provider of advanced analytics, technology solutions and contract research services to the life sciences industry. Formed through the merger of IMS Health and Quintiles, IQVIA applies human data science — leveraging the analytic rigor and clarity of data science to the ever-expanding scope of human science — to enable companies to reimagine and develop new approaches to clinical development and commercialization, speed innovation and accelerate improvements in healthcare outcomes. Powered by the IQVIA CORE^™, IQVIA delivers unique and actionable insights at the intersection of large-scale analytics, transformative technology and extensive domain expertise, as well as execution capabilities. With approximately 67,000 employees, IQVIA conducts operations in more than 100 countries.

IQVIA is a global leader in protecting individual patient privacy. The company uses a wide variety of privacy-enhancing technologies and safeguards to protect individual privacy while generating and analyzing information on a scale that helps healthcare stakeholders identify disease patterns and correlate with the precise treatment path and therapy needed for better outcomes. IQVIA’s insights and execution capabilities help biotech, medical device and pharmaceutical companies, medical researchers, government agencies, payers and other healthcare stakeholders tap into a deeper understanding of diseases, human behaviors and scientific advances, in an effort to advance their path toward cures. To learn more, visit www.iqvia.com.

XML

Document and Entity Information	Jul. 16, 2020
Cover [Abstract]
Amendment Flag	false
Entity Central Index Key	0001478242
Document Type	8-K
Document Period End Date	Jul. 16, 2020
Entity Registrant Name	IQVIA HOLDINGS INC.
Entity Incorporation State Country Code	DE
Entity File Number	001-35907
Entity Tax Identification Number	27-1341991
Entity Address, Address Line One	4820 Emperor Blvd
Entity Address, City or Town	Durham
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	27703
City Area Code	(919)
Local Phone Number	998-2000
Written Communications	false
Soliciting Material	false
Pre Commencement Tender Offer	false
Pre Commencement Issuer Tender Offer	false
Security 12b Title	Common Stock, par value $0.01 per share
Trading Symbol	IQV
Security Exchange Name	NYSE
Entity Emerging Growth Company	false