Cardinal Health 2009 Annual Report Download - page 46

Download and view the complete annual report

Please find page 46 of the 2009 Cardinal Health annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 154

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154

Matters voted upon at the meeting and the votes tabulated with respect to such matters are as follows:
Votes Cast
For Against Abstain
Proposal to approve a proposed stock option exchange program, under
which eligible Cardinal Health employees would be able to
exchange certain options for a lesser number of new options on the
terms described in the proxy statement. ....................... 182,666,872 113,856,820 1,120,639
Executive Officers of the Registrant
The following is a list of the executive officers of the Company (information provided as of August 27,
2009):
Name Age Position
R. Kerry Clark .............. 57 Chairman and Chief Executive Officer
George S. Barrett ........... 54 Vice Chairman of Cardinal Health and Chief Executive Officer,
Healthcare Supply Chain Services
David L. Schlotterbeck ....... 62 Vice Chairman of Cardinal Health and Chief Executive Officer, Clinical
and Medical Products
Jeffrey W. Henderson ........ 44 Chief Financial Officer
Craig S. Morford ............ 50 Chief Legal and Compliance Officer
Carole S. Watkins ........... 48 Chief Human Resources Officer
Stephen T. Falk ............. 44 Executive Vice President, General Counsel and Corporate Secretary
Unless otherwise indicated, the business experience summaries provided below for the Company’s
executive officers describe positions held by the named individuals during the last five years.
Mr. Clark has served as the Company’s Chairman and Chief Executive Officer since November 2007. In
connection with the Spin-Off, the Company had previously announced that Mr. Clark will continue to lead the
Company through the Spin-Off and then leave his position as the Company’s Chairman and Chief Executive
Officer. On August 4, 2009, Mr. Clark delivered to the Company’s Board of Directors and to the Company a
notice of intent to resign as Chairman and Chief Executive Officer effective immediately following the
consummation of the Spin-Off. Prior to becoming the Company’s Chairman and Chief Executive Officer,
Mr. Clark served as President and Chief Executive Officer from April 2006 to November 2007. Prior to joining
the Company, he was Vice Chairman of the Board—P&G Family Health of The Procter & Gamble Company, a
consumer products company, from July 2004 to April 2006. He served as Vice Chairman of the Board and
President—Global Market Development and Business Operations of Procter & Gamble from 2002 to July 2004.
He also served as a director of Procter & Gamble from 2002 until April 2006. He has served as a director of the
Company since April 2006 and also is a director of Textron Inc., an aircraft, automotive and industrial products
manufacturer and financial services company.
Mr. Barrett has served as Vice Chairman of Cardinal Health and Chief Executive Officer, Healthcare Supply
Chain Services, since January 2008. On August 5, 2009, the Company elected Mr. Barrett as Chairman and Chief
Executive Officer of the Company effective at the time of consummation of the Spin-Off. Prior to joining the
Company, he held several positions with Teva Pharmaceutical Industries Limited, a global pharmaceutical
company. From November 2006 to January 2008, he was President and Chief Executive Officer of Teva North
America and Executive Vice President—Global Pharmaceutical Markets and a member of the Office of the Chief
Executive Officer for Teva Pharmaceutical Industries. He was President and Chief Executive Officer of Teva
North America and Group Vice President—North America of Teva Pharmaceutical Industries from 2005 to
2006. Prior to that, Mr. Barrett served as President of Teva USA from 1998 to 2005.
Mr. Schlotterbeck has served as Vice Chairman of Cardinal Health since January 2008 and Chief Executive
Officer, Clinical and Medical Products, since August 2006. On August 4, 2009, Mr. Schlotterbeck tendered his
24