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"We want to thank Matt for his outstanding service as a director ofCardinal Health," said John B. McCoy, chairman of the Nominating andGovernance Committee. "During his six years on the board, Cardinal Healthdoubled in size and made significant expansions into medical technologies andwith international operations. We thank him for his service and wish him wellas he continues to focus on his professional objectives and businessinterests."
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Walter, 39, is chairman and chief executive officer of BoundTree MedicalProducts and has been a director since 2002. The company will not fillWalter's board seat and will reduce the size of the board to 14 directors.
The board of directors also approved a regular quarterly dividend of $0.12per share, payable on April 15, 2008 to shareholders of record on April 1,2008. The company had approximately 357 million shares outstanding as of Jan.25.
About Cardinal Health
Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE: CAH) is an $87billion, global company serving the health-care industry with products andservices that help hospitals, physician offices and pharmacies reduce costs,improve safety, productivity and profitability, and deliver better care topatients. With a focus on making supply chains more efficient, reducinghospital-acquired infections and breaking the cycle of harmful medicationerrors, Cardinal Health develops market-leading technologies, includingAlaris(R) IV pumps, Pyxis(R) automated dispensing systems, MedMined(TM)electronic infection surveillance service, VIASYS(R) respiratory care productsand the CareFusion(TM) patient identification system. The company alsomanufactures medical and surgical products and is one of the largestdistributors of pharmaceuticals and medical supplies worldwide. Ranked No. 19on the Fortune 500 and No. 1 in its sector on Fortune's ranking of MostAdmired firms, Cardinal Health employs more than 40,000 people on fivecontinents. More information about the company may be found atwww.cardinalhealth.com .
SOURCE Cardinal Health, Inc.
