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

RTTNews | 867 days ago
Stocktwits
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.

Tags: CAH
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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 | 133 days ago
Cardinal Health Recalls Certain LEADER Brand Eye Drops

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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 | 419 days ago
Cardinal Health To Merge Outcomes Business To Transaction Data Systems

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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 | 569 days ago
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 | 737 days ago
Cardinal Health Reaffirms FY23 Outlook - Update

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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 | 782 days ago
Yen Slides Against Majors

Yen Slides Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
RTTNews | 13h 37min ago
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
RTTNews | 14h 11min ago
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