Cardinal Health

One of the flashiest executive perks has roared back since the onset of the pandemic: free personal travel on the company jet.Companies in the S&P 500 spent $65 million for executives to use corporate jets for personal travel in 2022, up about 50% from prepandemic levels three years earlier, a Wall Street Journal analysis found. Early signs suggest the trend continued last year. Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 One of the flashiest executive perks…

HealthTeva, Allergan, CVS and Walgreens say enough states agreed to final agreements, adding to the billions flowing to communities HealthTeva, Allergan, CVS and Walgreens say enough states agreed to final agreements, adding to the billions flowing to communities FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their…

Cardinal’s bottom line was dragged lower by a $154 million goodwill impairment charge from its medical business, along with the impacts of inflation. Photo: Ty Wright/Bloomberg News…

Activist investor Elliott Management Corp. has a large position in Cardinal Health Inc. CAH 1.59% and is seeking a handful of seats on the medical-products distributor’s board, according to people familiar with the matter. Elliott nominated five directors to the 11-person board roughly two weeks ago, before Cardinal abruptly replaced its chief executive last week, the people said. The Wall Street Journal…

Cardinal Health Inc. CAH 4.86% Chief Executive Officer Mike Kaufmann is stepping down from the healthcare products distributor as it struggles with the impact of inflation and supply-chain constraints on its medical supplies business. Mr. Kaufmann will be succeeded on Sept. 1 by Chief Financial Officer Jason Hollar, who will also join Cardinal’s…

Bob Fitzsimmons, left, and Paul Farrell, attorneys for the plaintiffs, discussed the settlement in Charleston, W.Va., on Monday. Photo: Kenny Kemp/Associated Press…