Cardinal Health Promotes CFO Jason Hollar To Succeed Mike Kaufmann As CEO

RTTNews | 994日前
Cardinal Health Promotes CFO Jason Hollar To Succeed Mike Kaufmann As CEO

(RTTNews) - Healthcare services company Cardinal Health (CAH) announced Thursday that its Board of Directors has elected Jason Hollar as the company's next Chief Executive Officer, effective September 1, 2022. Hollar will also join the Board of Directors effective August 11, 2022. Hollar will succeed current Chief Executive Officer Mike Kaufmann.

Hollar, an experienced financial and operating executive, has served as Cardinal Health's Chief Financial Officer since May 2020. Prior to joining Cardinal Health, Hollar served as CFO and EVP for Tenneco. Before that, Hollar served as CFO and SVP of finance for Sears Holdings Corp.

In addition, Patricia English will serve as Cardinal Health's interim Chief Financial Officer, working with Hollar to ensure a smooth transition. English currently serves as Chief Accounting Officer and Senior Vice President of Cardinal Health and previously served as Vice President of accounting in both the pharmaceutical and medical segments.

Cardinal Health's Board will engage an executive search firm to evaluate candidates for the permanent Chief Financial Officer position.

read more
Cardinal Health Lifts FY24 View Above Market After Profit In Q4, Plans Buyback; Stock Up

Cardinal Health Lifts FY24 View Above Market After Profit In Q4, Plans Buyback; Stock Up

Shares of Cardinal Health, Inc. were gaining more than 7 percent in the pre-market activity on the NYSE after the healthcare company on Wednesday raised its fiscal 2024 adjusted earnings forecast above the market after reporting a profit in its fourth quarter, compared to prior year's loss. The improved results reflected strong revenues from both segments.
RTTNews | 260日前
Cardinal Health Recalls Certain LEADER Brand Eye Drops

Cardinal Health Recalls Certain LEADER Brand Eye Drops

Cardinal Health, Inc. is recalling certain Leader branded eye drops supplied by Velocity Pharma, LLC citing potential risk of eye infections, according to the US. Food and Drug Administration. The recall was initiated after the FDA informed the Dublin, Ohio-based company that investigators found insanitary conditions in the manufacturing facility and positive bacterial test results...
RTTNews | 546日前
Cardinal Health To Merge Outcomes Business To Transaction Data Systems

Cardinal Health To Merge Outcomes Business To Transaction Data Systems

Cardinal Health, Inc. (CAH) announced Monday it has signed a definitive agreement to merge its Outcomes business to Transaction Data Systems (TDS), a portfolio company of BlackRock Long Term Private Capital and GTCR, in exchange for a minority stake in the combined entity.
RTTNews | 696日前
Cardinal Health Appoints Aaron Alt As New CFO

Cardinal Health Appoints Aaron Alt As New CFO

Cardinal Health (CAH) and its board of directors announced Monday that Aaron Alt will become the company's new chief financial officer (CFO). Alt will succeed interim CFO, Trish English and will report to CEO Jason Hollar, as a member of the company's Executive Committee effective February 10.
RTTNews | 864日前
Cardinal Health Reaffirms FY23 Outlook - Update

Cardinal Health Reaffirms FY23 Outlook - Update

While reporting financial results for the first quarter on Friday, healthcare services company Cardinal Health, Inc. (CAH) reaffirmed its adjusted earnings guidance for the full-year 2023 in the range of $5.05 to $5.40 per share.
RTTNews | 909日前
Canadian Market Retreats After Recovering From Early Drop

Canadian Market Retreats After Recovering From Early Drop

The Canadian market is modestly higher around noon on Thursday with shares from energy and technology sectors posting strong gains. A sell-off in materials section is limiting market's upside. The mood in the market is quite cautious amid concerns about global economic growth.
RTTNews | 39分前
U.S. Construction Spending Unexpectedly Falls 0.5% In March

U.S. Construction Spending Unexpectedly Falls 0.5% In March

Construction spending in the U.S. unexpectedly decreased in the month of March, the Commerce Department revealed in a report released on Thursday. The Commerce Department said construction spending fell by 0.5 percent to an annual rate of $2.196 trillion in March after climbing by 0.6 percent to a revised rate of $2.207 trillion in February.
RTTNews | 2時22分前