Who is Nancy Killefer and what is her background?

Nancy Killefer is a retired Senior Partner from McKinsey & Company, Inc. Her extensive experience is expected to contribute to Cardinal Health's board.

When does Nancy Killefer's appointment become effective?

Ms. Killefer's appointment to the Board of Directors is effective September 14, 2015.

Is Nancy Killefer considered an independent director?

Yes, the Board of Directors has determined that Ms. Killefer is independent under the standards of the New York Stock Exchange and Cardinal Health's Corporate Governance Guidelines.

Will Nancy Killefer receive special compensation?

No, Ms. Killefer will participate in the standard director compensation arrangements as outlined in the company's proxy statement for its 2014 annual meeting of shareholders.

CAH 8-K: Leadership Changes

Summary

Cardinal Health, Inc. (CAH) announced a key addition to its Board of Directors through an 8-K filing on September 7, 2015. The company elected Nancy Killefer as a new director, effective September 14, 2015. Ms. Killefer, a retired Senior Partner from McKinsey & Company, Inc., brings a wealth of experience and is considered independent under NYSE and company guidelines. Her election is a strategic move to enhance board expertise and governance. She has also been nominated for election at the upcoming 2015 annual shareholder meeting.

Key Highlights

1Nancy Killefer elected to the Board of Directors, effective September 14, 2015.
2Ms. Killefer is a retired Senior Partner of McKinsey & Company, Inc.
3The Board has determined Ms. Killefer is independent under NYSE and company standards.
4Ms. Killefer has been nominated for election at the 2015 annual shareholder meeting.
5Ms. Killefer will participate in standard director compensation arrangements.

CARDINAL HEALTH INC 8-K Report, Executive Changes (Sep 8, 2015)

Summary

Key Highlights

Frequently Asked Questions