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George Barrett To Step Down As Cardinal Health CEO

 
• By Sue Darcey

Two days before Cardinal Health shareholder's meeting this week – including a planned crucial vote on Chairman and CEO George Barrett's continued leadership– Cardinal announced that Barrett will step down as CEO Jan. 1, to be replaced by Chief Financial Officer Mike Kaufmann. Barrett, meanwhile, will continue as executive chairman of the board of directors for another year.

Cardinal Health Inc. Chairman and CEO George Barrett is stepping down from his CEO post effective Jan. 1, but will remain as executive chairman of the Board until November 2018. Meanwhile, Cardinal's CFO Mike Kaufmann is slated to replace Barrett in the CEO spot.

The company's announcement comes two days before a shareholder's meeting at which company stockholders were expected to vote on whether...

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