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Cardinal Health Names Michael C. Kaufmann to Lead Pharmaceutical Segment
Date:3/13/2008

DUBLIN, Ohio, March 13 /PRNewswire-FirstCall/ -- Cardinal Health, a global provider of products and services that improve the safety and productivity of health care, today announced the appointment of company veteran Michael C. Kaufmann as group president of its Healthcare Supply Chain Services Pharmaceutical Segment.

In this role, Kaufmann, 45, will be responsible for Cardinal Health's largest business, which provides logistics services to pharmaceutical manufacturers, distributes approximately one-third of all medicine prescribed in the U.S. to hospitals, pharmacies and other providers of care, operates the nation's leading network of specialized nuclear pharmacies and is the largest franchisor of pharmacies in the U.S.

Kaufmann was most recently responsible for the turnaround of Cardinal Health's medical supply chain business and has spent the majority of his 17- year career with the company in senior operational, sales and finance roles within the pharmaceutical business. He was instrumental in strengthening financial performance within pharmaceutical distribution by leading the company's transition to a fee-based service model.

He replaces Scott A. Storrer, who will leave the company later this month. Kaufmann will continue to report to George S. Barrett, 52, vice chairman of Cardinal Health and CEO of the company's Healthcare Supply Chain Services sector.

"Mike is a proven leader and a clear choice to accelerate the turnaround of our pharmaceutical business," Barrett said. "He has deep supply chain expertise that will help us strengthen our execution and long-term customer relationships that give him a unique perspective as we work to enhance our offerings."

The company said it does not intend to fill the position Kaufmann formerly held in the medical supply chain business at this time and instead will have those senior leaders report directly to Barrett.

Kaufmann graduated from Ohio Northern University with a d
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SOURCE Cardinal Health
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