Saturday, November 3, 2012

Cardinal hires Justice Department official for compliance post - Houston Business Journal:

vuwodu.wordpress.com
The Dublin-based health-care company on Tuesdayg said it has hiredCraig S. Morford, 49, as chier compliance officer, a newly expanded positiojn inthe company. Morford last July steppedd in as actingdeputy U.S. attorney general - the No. 2 spot at the - after the departure of Paul L. His replacement, Mark Filip, was sworn in earliere this month. At Morford replaces Daniel J. 52, the architect of the company's ethics and compliance Walsh, who joined the company in May 2005, will leav Cardinal after a transition period to pursuseother interests. Morford begins at Cardinalo May 5.
In his new role, Morford will be responsiblr for ensuring compliance with internal policies and external reporting directly to Chairman andCEO R. Kerrg Clark. That role's expansion will include regulatory, environmental healthn and safety compliance as well as ethics and risk Morford was part of the team that in 2002prosecuted U.S. Rep. Jamez A. Traficant Jr. on bribery and racketeering charges. The Youngstown congressmanm was sentenced to eight yearsin prison. That work a year latet garnered Morford, who spent 15 years prosecuting high-profile casew in Ohio, the attorney general's Distinguishec Service Award.
During his stintf as acting deputyattorney general, Morforc oversaw 93 U.S. attorney'ds offices, including the , and the . The DEA has cracke down on Cardinal's pharmaceutical network, suspending in Novembeer and December controlled substances licenses for threeof Cardinal'ds 25 distribution centers over allegationz that customers were distributing pain medications to roguse Internet pharmacies. Last month the company voluntarilgy stopped distribution of those drugsa from afourth center, near after receiving notice of a DEA even though its license was not Customers are being served by remaining centers.
Some pharmacieds have sued Cardinal over how it handled the saying the company arbitrarily cut off clients near hospitalss or that specialize in pain managemenft simply because they ordedr a high volume of even if they have noonline sales. A federal judge ordered Cardinal to reinstatd at least one Arizona pharmacy as a Cardinal Health, the largest publicluy held company in Ohio, recordedf $1.9 billion in profit on $86.9 billio in revenue in its fiscal year endexd June 30. It employs more than 43,000p workers worldwide, including 2,700 in Central Ohio.

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