By Colin Kellaher

 

Cardinal Health Inc. (CAH) on Tuesday named Stephen Mason as chief executive of its medical segment.

Mr. Mason, president of the segment's at-home solutions division, succeeds Jon Giacomin, who is leaving Aug. 16 to become CEO of a privately held company, Cardinal said.

The Dublin, Ohio, pharmaceutical and medical products company also said it expects its fiscal 2019 adjusted earnings will meet at least the midpoint the $5.02 to $5.17 a share range the company forecast in May.

Cardinal's health segment accounted for about 11% of the company's more than $108 billion in revenue for the first nine months of the fiscal year.

The company plans to report its fourth-quarter and fiscal-year results on Aug. 8.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

July 16, 2019 08:44 ET (12:44 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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