As the number of lawsuits over the opioid crisis mounts, Cardinal Health (CAH) is being pushed by members of an investor coalition to overhaul the way executive pay is calculated in order to reflect the potential cost of any settlements or fines.
In a recently filed shareholder proposal, the International Brotherhood of Teamsters and a Rhode Island state pension fund argue the wholesaler should change its approach to tallying profits over concerns any possible payments will be substantial, and that Cardinal executives should bear some of the costs. To add more pressure, a letter is being sent to shareholder this week in advance of an annual shareholder meeting scheduled for Nov. 7.
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About the Author Reprints
Opioids should require to be prescribed with acupuncture.
Consult with your local acupuncture physician or acupuncturist about pain management.
Need to re-set my password, currently $35 monthly subscriber but have misplaced. Thanks!