Case Study: Cardinal Health
Challenge
$80B public company names one of its Board Members as CFO to address the removal of the CFO and the Corporate Controller in the face of financial reporting irregularities. Concurrently, the Corporate Treasurer left the company for another opportunity and Cardinal Health retains TillmanCarlson to recruit two key leaders as the Chief Accounting Officer and the Corporate Treasurer.
Solution
TillmanCarlson supported the client's decision to recruit two key leaders in spite of the uncertainty surrounding the CFO chair and the company's financials. Further, we recommended combining the roles of Chief Accounting Officer and Corporate Controller and recruiting a Corporate Treasurer with the background and potential to ascend.
Result
TillmanCarlson successfully recruited the Corporate Controller from MCI Corporation with a strong accounting foundation and a proven background stabilizing the financial control environment in a large high profile company. In addition, the former Corporate Treasurer of BellSouth then serving as a CFO was recruited as Treasurer who now serves as the CFO of our client's $75B operating division.
