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Teamsters Ask Stockholders To Replace Cardinal Health Chairman

 
• By Sue Darcey

The International Brotherhood of Teamsters say that Cardinal Health CEO George Barrett failed to set the correct "tone at the top" while the firm became embroiled in the opioid epidemic and allegedly overpaid its chief compliance officer for illicit sales. The group is asking shareholders to appoint an independent board chairman, stripping Barrett of the role.

Hydrocodone prescription bottle. Hydrocodone is a generic medication name and label was created by photographer.
The Teamsters cited Cardinal Health's role in fueling the opioid crisis.

The International Brotherhood of Teamsters is calling on Cardinal Health stockholders to relieve Chairman and CEO George Barrett of his chairman duties, and appoint an independent board chairman, saying Barrett has failed to "set the correct tone at the top," as the company has become more entangled in the US opioid epidemic.

In a proposal that will be presented to Cardinal Health shareholders at their stockholders meeting Nov. 8, the Teamsters labor union, which holds hundreds of shares of Cardinal stocks on...

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