Cardinal Health Names Stephen Mason CEO of Medical Segment
July 16 2019 - 8:59AM
Dow Jones News
By Colin Kellaher
Cardinal Health Inc. (CAH) on Tuesday named Stephen Mason as
chief executive of its medical segment.
Mr. Mason, president of the segment's at-home solutions
division, succeeds Jon Giacomin, who is leaving Aug. 16 to become
CEO of a privately held company, Cardinal said.
The Dublin, Ohio, pharmaceutical and medical products company
also said it expects its fiscal 2019 adjusted earnings will meet at
least the midpoint the $5.02 to $5.17 a share range the company
forecast in May.
Cardinal's health segment accounted for about 11% of the
company's more than $108 billion in revenue for the first nine
months of the fiscal year.
The company plans to report its fourth-quarter and fiscal-year
results on Aug. 8.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
July 16, 2019 08:44 ET (12:44 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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