Cardinal Health CFO Jeffrey Henderson To Retire At End Of Fiscal Year 2015

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Jun 11, 2014, 07:30 ET

DUBLIN, Ohio, June 11, 2014 /PRNewswire/ -- Cardinal Health announced today that Chief Financial Officer Jeff Henderson, 49, will retire following the completion of fiscal year 2015, after a decade in the role. The company will evaluate both internal and external candidates, with the anticipation of naming a successor by the end of calendar 2014. Henderson will remain as an employee until his retirement to ensure a seamless transition.

"Jeff has been a terrific partner to me in helping shape the direction and the performance of Cardinal Health," said George Barrett, chairman and chief executive officer of Cardinal Health. "Jeff joined the company at a critical juncture in 2005 and played a central role in the repositioning of the company to serve a fast-changing global healthcare landscape. During his tenure, Jeff transformed the capabilities and effectiveness of our finance organization and demonstrated a deep commitment to growing shareholder value. In addition, he has also successfully led several Cardinal Health businesses, including most recently, our rapidly growing business in China. Our team thanks him for his many contributions, and I look forward to working with him to ensure a smooth transition as we move through the coming fiscal year."

"My time at Cardinal Health has been extremely rewarding. I have had the honor of working with a terrific team, in an industry and for an organization which has a profound impact on people's lives. I will complete my 10^th year as CFO, proud of the work we have done and the development of the people with whom I've worked," said Henderson. "I enter the next phase of my life, excited by the opportunities that lie ahead."

About Cardinal Health
Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE: CAH) is a $101 billion health care services company that improves the cost-effectiveness of health care. As the business behind health care, Cardinal Health helps pharmacies, hospitals, ambulatory surgery centers, clinical laboratories and physician offices focus on patient care while reducing costs, enhancing efficiency and improving quality. Cardinal Health is an essential link in the health care supply chain, providing pharmaceuticals and medical products and services to more than 100,000 locations each day and is also the industry-leading direct-to-home medical supplies distributor. The company is a leading manufacturer of medical and surgical products, including gloves, surgical apparel and fluid management products. In addition, the company operates the nation's largest network of radiopharmacies that dispense products to aid in the early diagnosis and treatment of disease. Ranked #22 on the Fortune 500, Cardinal Health employs 33,000 people worldwide. More information about the company may be found at www.cardinalhealth.com and @CardinalHealth on Twitter.