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CareFusion’s Schlotterbeck Retiring as Chairman & CEO

Xconomy San Diego — 

San Diego-based CareFusion (NYSE: CFN) says today that David Schlotterbeck, the chairman and CEO who led the company’s spinoff last year from Ohio-based Cardinal Health, plans to retire on Feb. 28, 2011. Schlotterbeck previously worked at Cardinal, and had led San Diego’s Alaris Medical Systems, a leading maker of intravenous drug pumps, when Cardinal acquired Alaris for $2 billion in 2004. In a statement, CareFusion board member J. Michael Losh says the company has formed a special committee to manage the search for Schlotterbeck’s successor, who is expected to be in place before Schlotterbeck’s departure.

Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call (619) 669-8788 Follow @bvbigelow

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