Cardinal Health Finance Chief To Step Down
July 08 2019 - 9:27AM
Dow Jones News
By Kimberly Chin
Cardinal Health Inc.'s (CAH) Chief Financial Officer Jorge Gomez
will step down next month to take on the finance chief role at
Dentsply Sirona Inc. (XRAY).
Mr. Gomez's departure, effective Aug. 9, isn't related to
"financial performance, policy or control issues or any
disagreements on accounting or financial reporting matters,"
Cardinal Health said in a filing.
Shares of Cardinal were down 4.6% in premarket trading. Dentsply
Sirona's shares were unchanged.
Mr. Gomez held the CFO role since January 2018. Prior to that,
he was the finance chief of the medical and pharmaceutical
divisions and the treasurer and corporate controller at the Dublin,
Ohio, healthcare services company.
Chief Executive Michael Kaufmann also will serve as interim CFO
when Mr. Gomez leaves. Mr. Kaufmann has been at the top spot since
January 2018. He previously served in the CFO role at Cardinal from
2014 to 2017.
Mr. Gomez will start his role at Dentsply Sirona around Aug. 12,
succeeding Nicholas Alexos. According to the company, he will be
given an annual base salary of $725,000, a one-time signing bonus
of $500,000 and a make-whole cash payment of $600,000.
Dentsply Sirona, based in York, Pa., is a maker of professional
dental products and technologies.
(END) Dow Jones Newswires
July 08, 2019 09:12 ET (13:12 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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