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CareFusion’s Schlotterbeck Retiring as Chairman & CEO

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.