leadership
confidence high
sentiment negative
materiality 0.85
Cardinal Health appoints CFO Jason Hollar as CEO; Q4 revenue up 11% to $47.1B
CARDINAL HEALTH INC
- Jason Hollar, current CFO, becomes CEO effective Sept 1, 2022; Mike Kaufmann steps down.
- Patricia English named interim CFO; external search for permanent CFO underway.
- Q4 FY22 revenue $47.1B (+11% YoY); non-GAAP diluted EPS $1.05 (+36%).
- Full year GAAP loss of $3.35/share due to $2.1B Medical segment goodwill impairment.
- FY2023 guidance: non-GAAP EPS $5.05-$5.40; share repurchases $1.5B-$2.0B; Medical Improvement Plan targets profit >=$650M by FY2025.