Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

Fortune

Emma Burleigh

After earnings fell by $300 million, Cardinal Health’s CEO went ‘ruthless’ to turn it around—and he says workers backed him because ‘people want to win’

Cardinal Health United States Fortune Gen-X

Cardinal Health CEO Jason Hollar (Credit: Courtesy of Cardinal Health)

Cardinal Health’s CEO says “ruthless prioritization” was needed to turn around the Fortune 500 company whose earnings plummeted $300 million just three years ago. The Gen X chief executive, Jason Hollar, slashed business segments, slimmed down the company and didn’t shy away from ruffling feathers with his new reports. But instead of revolting, he reveals they actually embraced the changes: “People want to win.”

Cardinal Health is one of the largest healthcare giants in America, supplying medical products and data solutions for over 90% of U.S. hospitals. But just a few years ago, its operating earnings plummeted $300 million as some segments struggled. When Jason Hollar took over as CEO of the Fortune 500 company in late 2022, the business turnaround required some serious tough love.

Sign up to read this article

Read news from 100's of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

No Pseudonymity for Apparent Hazer Suing University for Supposedly Improper Actions Against Her

No Pseudonymity for Apparent Hazer Suing University for Supposedly Improper Actions Against Her

From Doe v. Sacred Heart Univ., Inc., decided last week by Bridgeport (Conn.) Superior Court Judge Robert Golger: The plaintiff,… The post No Pseudonymity for Apparent Hazer Suing University for Supposedly Improper Actions Against Her appeared first on Reason Magazine.

Los Angeles Smoke and Cannabis Shops Could Face Jail or $1,000 Fines for Selling Nitrous Oxide Whippets

Los Angeles Smoke and Cannabis Shops Could Face Jail or $1,000 Fines for Selling Nitrous Oxide Whippets

Los Angeles Smoke and Cannabis Shops Could Face Jail or $1,000 Fines for Selling Nitrous Oxide Whippets

Indiana council candidate Jaime West goes on a rant about MAGA Republicans. Then she looks at the camera and says: ‘We have guns too!’

Indiana council candidate Jaime West goes on a rant about MAGA Republicans. Then she looks at the camera and says: ‘We have guns too!’

She strongly dislikes Republicans.

We Got This Covered

Which USWNT Players Made Their Case Spain?

Which USWNT Players Made Their Case Spain?

The returning Mal Swanson showcased just what the USA has been missing over the last couple of years.

Sports Illustrated

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

'American abandonment' threatens Ukraine's civilians in war against Russia

'American abandonment' threatens Ukraine's civilians in war against Russia

PRESS REVIEW – Thursday, October 15: First, reported Starlink disruptions in Ukraine make the European front pages. Next, US papers go into more detail about the situation. Also, an unusual alliance forms in Germany between far-right and far-left parties. Meanwhile, the winners of the Wildlife Photographer of the Year awards…

'Planned terrorist acts on behalf of Ukraine': Swedish national arrested in Russia

'Planned terrorist acts on behalf of Ukraine': Swedish national arrested in Russia

Russia’s FSB has detained a Swedish national accused of planning terrorist acts and sabotage for Ukraine. The agency claims he illegally crossed the border to execute these attacks on military facilities. Identified as Freddy Lindholm, he allegedly trained in drone operations after signing a contract with Ukraine’s army. His detention…

The Times of India

Related Stories

Top stories on inkl right now

No Pseudonymity for Apparent Hazer Suing University for Supposedly Improper Actions Against Her

No Pseudonymity for Apparent Hazer Suing University for Supposedly Improper Actions Against Her

From Doe v. Sacred Heart Univ., Inc., decided last week by Bridgeport (Conn.) Superior Court Judge Robert Golger: The plaintiff,… The post No Pseudonymity for Apparent Hazer Suing University for Supposedly Improper Actions Against Her appeared first on Reason Magazine.

Los Angeles Smoke and Cannabis Shops Could Face Jail or $1,000 Fines for Selling Nitrous Oxide Whippets

Los Angeles Smoke and Cannabis Shops Could Face Jail or $1,000 Fines for Selling Nitrous Oxide Whippets

Los Angeles Smoke and Cannabis Shops Could Face Jail or $1,000 Fines for Selling Nitrous Oxide Whippets

Indiana council candidate Jaime West goes on a rant about MAGA Republicans. Then she looks at the camera and says: ‘We have guns too!’

Indiana council candidate Jaime West goes on a rant about MAGA Republicans. Then she looks at the camera and says: ‘We have guns too!’

She strongly dislikes Republicans.

We Got This Covered

Which USWNT Players Made Their Case Spain?

Which USWNT Players Made Their Case Spain?

The returning Mal Swanson showcased just what the USA has been missing over the last couple of years.

Sports Illustrated

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

'American abandonment' threatens Ukraine's civilians in war against Russia

'American abandonment' threatens Ukraine's civilians in war against Russia

PRESS REVIEW – Thursday, October 15: First, reported Starlink disruptions in Ukraine make the European front pages. Next, US papers go into more detail about the situation. Also, an unusual alliance forms in Germany between far-right and far-left parties. Meanwhile, the winners of the Wildlife Photographer of the Year awards…

'Planned terrorist acts on behalf of Ukraine': Swedish national arrested in Russia

'Planned terrorist acts on behalf of Ukraine': Swedish national arrested in Russia

Russia’s FSB has detained a Swedish national accused of planning terrorist acts and sabotage for Ukraine. The agency claims he illegally crossed the border to execute these attacks on military facilities. Identified as Freddy Lindholm, he allegedly trained in drone operations after signing a contract with Ukraine’s army. His detention…

The Times of India

Our Picks

Plastic Additive Marketed as Safer Phthalate Swap Linked to Slightly Smaller Newborns in 6,617 U.S. Pregnancies

Higher levels of DINCH, a plastic additive used to replace phthalates, were linked to smaller newborns in 6,617 U.S. pregnancies. Here is what the study shows.

South Carolina woman says she filmed a man pouring what looks like sugar into her gas tank, and this time she got his license plate

Lights, camera, action!

We Got This Covered

‘Like selling wolves from Yellowstone’: how protected US sharks are being sold off to foreign aquariums

While anglers cannot take endangered sand tiger sharks, a loophole lets private firms catch the fish to sell abroad, profiting from Delaware Bay’s conservation success

The Guardian - UK

How one of the world’s biggest music stars is transforming the Spanish language

According to the Royal Spanish Academy (RAE, under its Spanish acronym), a “piquete” is either a sharp object, a small wound, or a group of striking workers blocking access to a workplace. It is a word, generally speaking, of conflict and harm.

The Conversation

America: Democracy or Republic?

I'm interviewed about this roughly at about 3:15 to 6:30 of this episode of PBS's Civics Made Easy series. Unfortunately,… The post America: Democracy or Republic? appeared first on Reason Magazine.

Benny Blanco and Selena Gomez Linked to Cheating Rumours After Anonymous Blind Item

An anonymous blind item sparked speculation about Benny Blanco and Selena Gomez after a TikTok creator linked the post to the married couple

International Business Times UK

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play