DUBLIN, Ohio, Jan. 31 /PRNewswire-FirstCall/ -- Cardinal Health, a
global provider of products and services that improve the safety and
productivity of health care, today announced the resignation of Matthew D.
Walter from the board of directors and declared its 94th consecutive
regular quarterly dividend.
"We want to thank Matt for his outstanding service as a director of
Cardinal Health," said John B. McCoy, chairman of the Nominating and
Governance Committee. "During his six years on the board, Cardinal Health
doubled in size and made significant expansions into medical technologies
and with international operations. We thank him for his service and wish
him well as he continues to focus on his professional objectives and
business interests."
Walter, 39, is chairman and chief executive officer of BoundTree
Medical Products and has been a director since 2002. The company will not
fill Walter's board seat and will reduce the size of the board to 14
directors.
The board of directors also approved a regular quarterly dividend of
$0.12 per share, payable on April 15, 2008 to shareholders of record on
April 1, 2008. The company had approximately 357 million shares outstanding
as of Jan. 25.
About Cardinal Health
Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE: CAH) is an
$87 billion, global company serving the health-care industry with products
and services that help hospitals, physician offices and pharmacies reduce
costs, improve safety, productivity and profitability, and deliver better
care to patients. With a focus on making supply chains more efficient,
reducing hospital-acquired infections and breaking the cycle of harmful
medication errors, Cardinal Health develops market-leading technologies,
including Alaris(R) IV pumps, Pyxis(R) automated dispensing systems,
MedMined(TM) electronic infection surveillance service, VIASYS(R)
respiratory care products and the CareFusion(TM) patient identification
system. The company also manufactures medical and surgical products and is
one of the largest distributors of pharmaceuticals and medical supplies
worldwide. Ranked No. 19 on the Fortune 500 and No. 1 in its sector on
Fortune's ranking of Most Admired firms, Cardinal Health employs more than
40,000 people on five continents. More information about the company may be
found at http://www.cardinalhealth.com .
SOURCE Cardinal Health, Inc.
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Related links:
http://www.cardinalhealth.com
CONTACT:
Media, Jim Mazzola, +1-614-757-3690,
jim.mazzola@cardinalhealth.com, or Investors, Bob Reflogal,
+1-614-757-7542, bob.reflogal@cardinalhealth.com
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