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Cardinal Health adds Losh to board

BY David Salazar

Cardinal Health’s board of directors has a new member. The company on Friday announced that the board had elected J. Michael Losh as an independent director, effective Dec. 5. A former interim CFO of Cardinal Health, he will serve as chairman of the board’s audit committee.

Among Losh’s experience is his time as a Cardinal health director from 1996 to 2009, when the company spun off CareFusion. He then served as the presiding director at CareFusion until it was acquired by BD in 2015. He was previously executive vice president and CFO of General Motors from 1994 to 2000, a role that followed 30 years with GM in such areas as manufacturing, operations, supply chain management and organizational design. He held the interim CFO position at Cardinal Health from July 2004 to May 2005.

“Mike’s understanding of our business and his experience handling complex matters at publicly-traded companies positions him strongly to add value to our board,” said Gregory Kenny, chairman of the board for Cardinal Health. “We look forward to welcoming Mike back to the Cardinal Health board and benefiting from his wealth of knowledge – not only his specific financial acumen but also the wise counsel that he has given to companies as they navigated change while focused on continuous improvement and operating excellence.”

 

 

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