- Cardinal Health appointed Michelle Greene its new CIO, the company announced Monday. Greene joined the company in 2021 to lead IT strategy for the company's pharmaceutical segment as SVP of EIT.
- In her new role, Greene will join the company's executive committee and report directly to Cardinal Health CEO Mike Kaufmann.
- Greene succeeds Brian Rice, formerly EVP, CIO and Global Business Services at the company, who joined McDonald's as global CIO Monday.
In its Pharmaceutical segment, Cardinal Health recently completed deployments on a multiyear modernization process, according to CFO Jason Hollar, speaking during the May Q3 earnings call for the fiscal year 2022, for the period ending March 31.
"These investments, including the automation of business procedures and real-time line of sight transparency for our employees and customers, will result in operational efficiencies and a more connected pharmaceutical distribution supply chain," said Hollar.
Primarily due to those investments in IT and infrastructure, the company expects capital expenditures this fiscal year to be between $400 million and $450 million, up from $400 million and $375 million in the previous two fiscal years.
With Greene in the CIO seat, the company will continue to make advancements to serve customers and patients, according to Kaufmann, in the announcement.
Prior to joining Cardinal Health, Greene served as CIO and VP of IT for Masco Corporation. Greene was also an executive at Johnson Controls for nearly a decade, serving in several executive positions, including VP of IT.