Cardinal Health’s recent spinoff of its CareFusion poses several problems for CEO David Schlotterbeck, who has the assignment of turning around the unit. Cardinal recently had to warn of potential risks with a CareFusion product, other items have been recalled or faced other regulatory actions and the unit now has to become a distinct entity as an independent company. Schlotterbeck also has to convince CareFusion employees to comply with his $2.5 million culture initiative calling for two days of training for each of nearly 16,000 workers by December, 2010. (Click here for more – a subscription may be required)
“Firm Offers Blueprint For Makeover In A Spinoff” – Wall Street Journal (6/29/09)
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