Cardinal Health Exec Pay Should Include Opioid Settlements, Shareholders Say - Becker's Hospital Review -BoardProspects

Cardinal Health Exec Pay Should Include Opioid Settlements, Shareholders Say

Becker's Hospital Review Oct 22 2018 BoardNews

Two shareholders are requesting Cardinal Health's executive pay not be insulated from legal costs associated with ongoing opioid litigation, according to a Sept. 26 proxy statement . Cardinal Health is facing over 300 lawsuits from local and state governments for its role in distributing painkillers...
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1. We believe the opioid emergency presents a heightened level of risk for Cardinal investors. We also believe Cardinal is well positioned to incentivize senior executives to mitigate these risks by ensuring their compensation is tied to effective management of this crisis.
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- Morgan Haefner