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Cardinal Health

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Michael C. Kaufmann has been appointed group president of Cardinal Health’s Healthcare Supply Chain Services Pharmaceutical Segment. He replaces Scott A. Storrer, who will leave the company later this month. Mr. Kaufmann will continue to report to George S. Barrett, vice chairman of Cardinal Health and chief executive officer of the company’s Healthcare Supply Chain Services sector.
   
In his new role, Mr. Kaufmann will be responsible for Cardinal’s pharmaceutical segment, 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.
   
Mr. 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.
   
“Mike is a proven leader and a clear choice to accelerate the turnaround of our pharmaceutical business,” Mr. 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.”

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