A CFO Helps Cardinal Health Find Its Value-Creation Groove [Forbes]
Cardinal Health, Inc. (CAH)
Last cardinal health, inc. earnings: 2/6 06:55 am
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Source: Forbes
the immediate challenges facing new CEO Hollar was filling the company's CFO vacancy. At the time, an activist investor with an eye toward management change had put in motion a strategic review of the company's businesses, and certain members of the analyst community were speculating that the former CFO's tenure at the top might be short-lived. Fast-forward to March 2024, as shares of Cardinal Health reached yet another 52-week high and CEO Hollar told CNBC's Jim Cramer: “We have simplified how we do things. We've exited some product lines. We've exited some countries. We've done a lot of careful analysis to make sure that all of our resources are reinvested in our core business.” To wit: What was once deemed an activist's strategic review quickly generated what might become a management case study for driving value creation in an activist environment. For Hollar, who had served as Cardinal's CFO since May 2020 and previously been CFO of Tenneco, Inc., management's bold emphas
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CAH
News
- FDA Roundup: April 26, 2024 [Yahoo! Finance]Yahoo! Finance
- 3 Medical Products Stocks Set to Beat This Earnings Season [Yahoo! Finance]Yahoo! Finance
- Cencora (COR) to Report Q2 Earnings: What's in the Cards? [Yahoo! Finance]Yahoo! Finance
- UPDATE 1-US FDA sends warning to Cardinal Health for marketing unapproved devices [Yahoo! Finance]Yahoo! Finance
- Cardinal Health, Inc. (NYSE: CAH) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
CAH
Earnings
- 2/1/24 - Beat
CAH
Sec Filings
- 4/23/24 - Form 8-K
- 4/22/24 - Form 8-K
- 3/18/24 - Form 4
- CAH's page on the SEC website