DUBLIN, Ohio, March 13 /PRNewswire-FirstCall/ -- Cardinal Health, a global
provider of products and services that improve the safety and productivity of
health care, today announced the appointment of company veteran Michael C.
Kaufmann as group president of its Healthcare Supply Chain Services
Pharmaceutical Segment.
In this role, Kaufmann, 45, will be responsible for Cardinal Health's
largest business, which provides logistics services to pharmaceutical
manufacturers, distributes approximately one-third of all medicine prescribed
in the U.S. to hospitals, pharmacies and other providers of care, operates the
nation's leading network of specialized nuclear pharmacies and is the largest
franchisor of pharmacies in the U.S.
Kaufmann was most recently responsible for the turnaround of Cardinal
Health's medical supply chain business and has spent the majority of his 17-
year career with the company in senior operational, sales and finance roles
within the pharmaceutical business. He was instrumental in strengthening
financial performance within pharmaceutical distribution by leading the
company's transition to a fee-based service model.
He replaces Scott A. Storrer, who will leave the company later this month.
Kaufmann will continue to report to George S. Barrett, 52, vice chairman of
Cardinal Health and CEO of the company's Healthcare Supply Chain Services
sector.
"Mike is a proven leader and a clear choice to accelerate the turnaround
of our pharmaceutical business," Barrett said. "He has deep supply chain
expertise that will help us strengthen our execution and long-term customer
relationships that give him a unique perspective as we work to enhance our
offerings."
The company said it does not intend to fill the position Kaufmann formerly
held in the medical supply chain business at this time and instead will have
those senior leaders report directly to Barrett.
Kaufmann graduated from Ohio Northern University with a degree in
accounting and management. He became a certified public accountant early in
his career while employed by Arthur Andersen. His appointment is effective
immediately.
About Cardinal Health
Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE: CAH) is an $87
billion, global company serving the health-care industry with products and
services that help hospitals, physician offices and pharmacies reduce costs,
improve safety, productivity and profitability, and deliver better care to
patients. With a focus on making supply chains more efficient, reducing
health care-associated infections and breaking the cycle of harmful medication
errors, Cardinal Health develops market-leading technologies, including
Alaris(R) IV pumps, Pyxis(R) automated dispensing systems, MedMined(TM)
electronic infection surveillance service, VIASYS(R) respiratory care products
and the CareFusion(TM) patient identification system. The company also
manufactures medical and surgical products and is one of the largest
distributors of pharmaceuticals and medical supplies worldwide. Ranked No. 19
on the Fortune 500, Cardinal Health employs more than 40,000 people on five
continents. More information about the company may be found at
www.cardinalhealth.com
SOURCE Cardinal Health