DUBLIN, Ohio, Oct. 5, 2009 /PRNewswire-FirstCall/ — Cardinal Health today announced that Mark Blake has been named executive vice president of strategy and corporate development, effective Oct. 19.
Blake, 38, will be responsible for company-wide strategic planning and business development, including the identification, evaluation and execution of acquisitions, divestitures and collaboration agreements. He will report to George Barrett, chairman and CEO of Cardinal Health.
Blake joins Cardinal Health from Medco Health Solutions, Inc., where he served as vice president of business development. Prior to Medco, he held business development leadership positions for Avaya, Inc. and was a turnaround consultant with AlixPartners, LLC. Blake has also been an investment banker with Merrill Lynch & Co. and a consultant with Price Waterhouse LLP.
"Mark is a proven leader in strategic planning and execution with the relevant experience in health care to navigate this rapidly evolving industry," Barrett said. "He also possesses the personal attributes that exemplify the action-oriented and customer-centric culture of the 'new' Cardinal Health."
Blake graduated cum laude from Harvard University with a bachelor's degree in government and earned his MBA in finance and accounting from The Wharton School of the University of Pennsylvania.
About Cardinal Health
Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE: CAH) is a Fortune 18 health care services company that improves the cost-effectiveness of health care. As the business behind health care, Cardinal Health helps pharmacies, hospitals and ambulatory care sites focus on patient care while reducing costs, improving efficiency and quality, and increasing profitability. As one of the largest health care companies in the world, Cardinal Health is an essential link in the health care supply chain, providing pharmaceuticals and medical products to more than 40,000 locations each day. The company is also a leading manufacturer of medical and surgical products, including gloves, surgical apparel and fluid management products. In addition, the company supports the growing diagnostic industry by supplying medical products to clinical laboratories and operating the nation's largest network of radiopharmacies that dispense products to aid in the early diagnosis and treatment of disease. Cardinal Health employs more than 30,000 people worldwide. More information about the company may be found at cardinalhealth.com.
SOURCE: Cardinal Health, Inc.