Summary
Cardinal Health, Inc. (CAH) filed an 8-K on September 7, 2018, reporting the departure of two directors from its Board. Clayton M. Jones, who has served as a director since 2012, has decided not to stand for re-election at the upcoming 2018 annual meeting of shareholders, and will continue his service until then. His decision is not attributed to any disagreement with the company. Similarly, David J. Anderson, a director since 2014, resigned effective September 5, 2018, due to new executive responsibilities as Chief Financial Officer of Nielsen Holdings plc. His resignation was also stated to be without disagreement with Cardinal Health.
Key Highlights
- 1Director Clayton M. Jones will not seek re-election at the 2018 annual shareholder meeting.
- 2Director David J. Anderson resigned from the Board of Directors on September 5, 2018.
- 3Both directors' departures are attributed to reasons other than disagreements with the company.
- 4Clayton M. Jones will continue to serve as a director until the 2018 annual meeting.
- 5David J. Anderson's resignation is due to his appointment as CFO of Nielsen Holdings plc.
- 6These changes impact the composition of Cardinal Health's Board of Directors.