Cardinal Health is a global health care company that provides a range of pharmaceutical and medical products and services to hospitals, pharmacies, and doctors. The company was founded in 1971 and has since expanded across the United States and around the world. It operates in three segments: Pharmaceuticals, Medical Products and Services, and International. Cardinal Health is one of the largest companies in the world. If you’re considering working for or with this organization, it’s important to know who runs the show. That’s why we put together this list of information about cardinal health CEO salary. Read on below to find out what you need to know about this big name in healthcare!
Cardinal Health Overview
In addition to being a pharmaceutical distributor, Cardinal Health, Inc. (NYSE: CAH) is also a worldwide producer and distributor of medical and laboratory goods, as well as a supplier of performance and data management solutions for healthcare institutions.
Working with more than 4,500 sourcing and manufacturing partners to offer end-to-end solutions and data-driven insights that progress healthcare and enhance lives on a daily basis, we serve as a vital connection between the clinical and operational sides of care. We create connections throughout the continuum of care by using strong collaborations, a varied range of viewpoints, and cutting-edge digital solutions.
Cardinal Health, with its 50 years of expertise, about 48,000 people, and activities in more than 40 countries, seizes the chance to handle the most complex issues in healthcare now and in the future.
- Cardinal Health’s website may be found at www.cardinalhealth.com.
- More than 10,000 Employees
- Founded: 1971
- Type: Company – Public (CAH)
- Industry: Manufacturers, Distributors, and Retailers
- Revenue: $10+ billion (USD)
Who is the CEO of Cardinal Health?
The CEO of Cardinal Health is Michael C. Kaufmann. Michael was appointed as the company’s President and CEO in 2018 and has continued to serve in that role since. Kaufmann has worked for Cardinal Health for over 31 years, starting out as a sales representative for the company in 1990. He was promoted in 2018, Kaufmann became the CEO of Cardinal Health.
What is Cardinal Health CEO’s salary?
The cardinal health ceo salary is $12.5 million in total compensation during 2021. This number includes $1.3 million in base salary, $10 million in stock awards, and $780,000 in non-equity incentive plan compensation.
Know the facts
As the CEO of Cardinal Health, Michael C. Kaufmann is responsible for leading this global health care company. Kaufmann has been with Cardinal Health since 1990 and has overseen many operational changes during his tenure.
Cardinal Health operates across three segments: Pharmaceuticals, Medical Products and Services, and International.
- The Pharmaceutical segment distributes products to hospitals, clinics, pharmacies, doctors’ offices, government agencies, wholesalers, distributors, HMOs, and managed care organizations in the U.S., Europe, and Asia Pacific region.
- The Medical Products & Services segment provides surgical supplies to hospitals nationwide in the U.S., as well as healthcare supplies to surgical locations in Europe and Asia Pacific region. This segment also offers diagnostic imaging supplies to hospitals in the United States.
- International consists of operations outside of North America where it provides pharmaceutical distribution services to hospitals primarily in Europe under joint ventures with two European companies-Cadila Healthcare Ltd. in Indiaand Napp Pharmaceuticals Plc., formerly known as Sopharma AD Sofia in Bulgaria.
Cardinal Health also provides logistics services to pharmaceutical companies and other healthcare organizations.
Know the responsibilities
The CEO is the head of the company and they’re in charge of everything. A lot of what they do is involved with making decisions, like deciding which products to sell and how to best market those products.
They also have a lot of responsibility for ensuring that the company stays profitable and on top. You may not know this but Cardinal Health has a huge impact on our healthcare system. The cardinal health ceo salary had a total compensation package worth $12,482,378 last year. That’s a whole lot of money!
Know the qualifications of the CEO
What does the company’s CEO have to do with your salary? The more qualified a company’s CEO is, the better they will be able to compensate their employees. To be considered as a potential candidate for Cardinal Health CEO, you would need at least 20 years of relevant work experience in business leadership.
In addition, the company only hires internally from within its ranks for this position. Their goal is to find someone who can work well with others and has a proven track record of success managing a large organization with a global reach. That said, if you want to work for Cardinal Health, you’ll need experience running a large organization and significant leadership skills – not just an MBA.
Conclusion
From the outset, you should know that Cardinal Health is a leading global healthcare services company headquartered in Dublin, Ohio. It has leading market positions in the United States, Europe, Latin America, and Asia.