DUBLIN, Ohio, March 1, 2016 /PRNewswire/ -- Cardinal
Health is one of the 2016 National Association for Female
Executives (NAFE) Top Companies for Executive Women, which
recognizes American corporations that have moved women into top
executive positions and created a culture that fosters the careers
of talented women. This is the fifth consecutive year NAFE
recognizes Cardinal Health.
"I am happy to report that female representation in senior
management positions continues to inch up at the NAFE Top
Companies," says Dr. Betty Spence,
NAFE president. "Though progress of women into senior positions has
slowed nationally, the 2016 NAFE Top Companies are leading the way
in moving women in power positions where they have the influence to
innovate and boost profits."
Highlights of Cardinal Health's recognition on the 2016 NAFE Top
60 Companies list:
- More than half of the companies on the 2016 NAFE Top 60 have at
least four women on their boards of directors, including Cardinal
Health.
- Consistent with its intent to foster a diverse, inclusive
environment that reflects the marketplace and communities where it
operates, Cardinal Health requires all Management Incentive Plan
(MIP) eligible employees to create diversity and inclusion goals
each year. The goals specify how they will actively help drive
retention, development and/or recruitment of talent, including
women.
- Cardinal Health's Gender Partnership Initiative shows
measurable impact on advancing women into executive ranks. At the
vice president level, the percentage of women rose from 28 percent
in 2014 to nearly 31 percent in 2015. Also in 2015, the number of
women identified as high performers or high potentials at the
manager level and above increased by 39 percent over the previous
year.
For Cardinal Health, earning a spot on the NAFE top company list
for executive women for five consecutive years is a reflection of
the company's focus on maintaining a diverse, inclusive
workplace.
"We are very excited about the continued progress we are making
toward gender partnership and leadership equality," said
Mike Kaufmann, chief financial
officer at Cardinal Health and executive sponsor of the Women's
Initiative Network (WIN) employee resource group. "We strive to
maintain an inclusive culture where employees can bring 100 percent
of themselves to work every day. We are humbled and honored to
receive this recognition."
The full list of this year's winners is posted on
workingmother.com and on nafe.com.
About Cardinal Health
Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE:
CAH) is a $103 billion health care
services company that improves the cost-effectiveness of 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 #26 on the
Fortune 500, Cardinal Health employs more than 36,000 people
worldwide. More information about the company may be found at
www.cardinalhealth.com and @CardinalHealth on Twitter.
About the Methodology
The 2016 NAFE Top Companies
application includes some 200 questions on female representation at
all levels, especially the corporate officer and profit-and-loss
ranks. The vetting process includes tracking access and usage of
programs and policies that promote the advancement of women as well
as the training and accountability of managers in relation to the
number of women who advance. In order to be eligible for the NAFE
Top Companies survey, entrants must have a minimum of 1,000
employees, two women on the Board of Directors and be a public or
private company. NAFE also separately names the Top 10 companies in
the nonprofit sector.
About NAFE
The National Association for Female
Executives (NAFE), founded in 1972, serves 20,000 members
nationwide with networking, tools and solutions to strengthen and
grow their careers and businesses. Working Mother magazine
publishes the annual NAFE Top Companies list. NAFE.com provides
up-to-date information, community for women in business and access
to member benefits. NAFE is a division of Working Mother Media,
owned by the Bonnier Corporation.
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SOURCE Cardinal Health