Cardinal Health issued the following announcement on March 18
Cardinal Health announced today that its board of directors elected Jason Hollar as Chief Financial Officer, effective May 12. Mr. Hollar most recently served as the chief financial officer of Tenneco Inc., a global automotive products and services company.
"We are pleased to welcome Jason to the Cardinal Health family," said Cardinal Health CEO Mike Kaufmann. "With his deep executive experience, as well as his expertise leading in dynamic environments, Jason will be a strong partner to me and the rest of our team. I'd like to thank Dave Evans for his exceptional contributions and leadership as our interim CFO. Dave will partner with Jason in the coming weeks to ensure a smooth transition and as we continue to create value in a changing marketplace."
Mr. Hollar's experience spans industries and geographies. In addition to serving as CFO of Tenneco and previously as CFO of Sears Holding Corporation, Mr. Hollar held senior finance roles at companies including Delphi and Navistar, demonstrating both breadth and depth across financial disciplines. He also managed regional operations around the globe and led multiple transformative initiatives to drive corporate strategies.
As Cardinal Health CFO, Mr. Hollar will lead financial activities across the enterprise, including financial strategy, capital deployment, treasury, tax, investor relations, accounting and reporting. He will report to Mr. Kaufmann as a member of the company's Executive Committee and will succeed Dave Evans, who will continue to serve as CFO of Cardinal Health through May 11.
I am excited to join the Cardinal Health team," said Mr. Hollar. "I look forward to partnering with Mike, his leadership team and the Finance organization to advance the company's strategic transformation at this pivotal time in healthcare."
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