Cardinal Execs Skip Bonuses As SEC Subpoenas Compensation Information
Executive Summary
Cardinal Health's executives will go without a bonus for fiscal 2004 after the company's operating earnings fell short of goals for the year
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Cardinal Health appoints Daniel Walsh to newly created position of exec VP-chief ethics and compliance officer, effective May 18. Walsh comes to the wholesaler from broadband supplier Scientific-Atlanta, where he was VP-chief compliance officer. Cardinal created chief compliance officer and chief accounting officer positions following an internal review that was prompted by a Securities & Exchange Commission investigation into its revenue classification practices (1"The Pink Sheet" Nov. 1, 2004, p. 4). Also as part of the personnel changes, Jeffrey Henderson became CFO May 15 (2"The Pink Sheet" May 2, 2005, In Brief)...
Cardinal ethics and compliance
Cardinal Health appoints Daniel Walsh to newly created position of exec VP-chief ethics and compliance officer, effective May 18. Walsh comes to the wholesaler from broadband supplier Scientific-Atlanta, where he was VP-chief compliance officer. Cardinal created chief compliance officer and chief accounting officer positions following an internal review that was prompted by a Securities & Exchange Commission investigation into its revenue classification practices (1"The Pink Sheet" Nov. 1, 2004, p. 4). Also as part of the personnel changes, Jeffrey Henderson became CFO May 15 (2"The Pink Sheet" May 2, 2005, In Brief)...
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