CareFusion Appoints New Chairman and CEO; Shares Up 3.34%

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CareFusion (CFN) today announced that it has appointed Kieran T. Gallahue as chairman and chief executive officer. Gallahue succeeds David L. Schlotterbeck who has previously announced plans to retire later this month. Gallahue, 47, was most recently president and CEO of ResMed (RMD). He is expected to bring strategic, operational and public company experience to his new position at CFN, the company has stated. Shares are up 3.34% or $0.86 to $26.59.

Credit: Financial News Network

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