secwatch.observer — SEC 8-K summary
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Issuer:     CARDINAL HEALTH INC (CAH)
CIK:        0000721371
Form:       8-K
Filed at:   2022-08-11T23:59:59+00:00
Accession:  0000721371-22-000059
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cardinal Health names CFO Jason Hollar as CEO effective Sept 1; Patricia English interim CFO
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- Jason Hollar, 49, elected CEO effective Sept 1, 2022, succeeding Michael Kaufmann who departs.
- Hollar compensation: base salary $1.35M, target bonus 150%, LTI $11M, plus $3M alignment grant.
- Patricia English (CAO) appointed Interim CFO effective Sept 1; base $300K, $250K retention through Aug 2023, $500K PSUs.
- Mary Scherer, previously SVP Internal Audit, promoted to SVP & Chief Accounting Officer effective Sept 1.
- Kaufmann resigns from Board Sept 1; eligible for severance under Senior Executive Severance Plan subject to release and covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/721371/000072137122000059/0000721371-22-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/721371/000072137122000059/cah-20220807.htm
  HTML page:      https://secwatch.observer/filing/0000721371-22-000059

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