People: Cardinal Health Inc (CAH)
23 Jul 2019
Mr. Michael C. Kaufmann is re designated as Chief Executive Officer, Interim Chief Financial Officer, Director of Cardinal Health, Inc., effective August 9, 2019. He joined Cardinal Health in 1990 and has served as chief financial officer of the company since 2014. During that time, he has overseen all of the financial activities for the company including external reporting, investor relations, tax strategy/planning, and capital deployment as well as Global Sourcing for both the Pharmaceutical and Medical segments. During his 27 years at Cardinal Health, Kaufmann has served in a wide range of leadership positions across operations, sales and finance roles touching all areas of Cardinal Health. Kaufmann was instrumental in orchestrating key activities such as the joint venture with CVS Health that formed Red Oak Sourcing and the creation of Fuse, the Cardinal Health technology innovation center. Kaufmann serves as executive sponsor of the Cardinal Health Women's Initiative Network, an employee resource group with the goal to foster a culture of partnerships that makes Cardinal Health a suitable place for women to work and grow their careers. His support of women leaders in healthcare led to the Healthcare Businesswomen's Association naming Kaufmann as its 2012 "Honorable Mentor" and the Institute for Women's Leadership awarding him the 2014 "Guys Who Get it Award." He currently serves as a member of the board of directors for MSC Industrial Supply and on the executive board of Red Oak Sourcing. Kaufmann is a past member of the executive committee of both the Healthcare Distribution Management Association and the National Association of Chain Drug Stores. He also serves as a trustee atOhio Northern Universityand is an active member of the community. Prior to Cardinal Health, Kaufmann had a successful career in audit and consulting with Arthur Andersen, one of the nation's largest public accounting firms. He earned a bachelor's degree in business administration fromOhio Northern UniversityinAda, Ohio.
|Total Annual Compensation, USD||1,930,480|
|Restricted Stock Awards, USD||1,947,560|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||14,979|
|Fiscal Year Total, USD||3,893,020|