Independent
Tenure on this board
2.7 yrs
Also a director at
Adc Therapeutics SA (ADCT)Autolus Therapeutics PLC (AUTL)Tango Therapeutics Inc (TNGX)
Meeting calendar
CAH · Annual meeting · Thursday, November 12, 2026
Cardinal Health Inc
11 nominees · 3 ballot items.
Shareholders will elect 11 director nominees, approve the compensation of the named executive officers on a non-binding advisory basis, and ratify Ernst & Young LLP as the independent auditor for fiscal 2027.
Market cap
$62.8B
1Y TSR
+25.7%
Board grade
B-
Record date
Sep 14, 2026
Filing
DEF 14A
Filed Sep 21, 2026 · DEF 14A
Proposals
On the ballot3
- 1
Election of Directors
ManagementBoard: FORElect the 11 director nominees named in the proxy statement to serve until the next annual meeting and until their successors are elected and qualified or their earlier resignation, removal, or death.
- 2
Advisory Vote to Approve the Compensation of Our Named Executive Officers
ManagementBoard: FORApprove, on a non-binding advisory basis, the compensation of Cardinal Health's named executive officers as disclosed in the proxy statement's CD&A and compensation tables.
More detail
Proposal 2 asks shareholders to approve, on a non-binding advisory basis, the compensation paid to Cardinal Health’s named executive officers. The vote covers the compensation discussion and analysis, Summary Compensation Table, related tables, notes, and narrative disclosures. Management is seeking approval under Section 14A of the Exchange Act and has adopted an annual say-on-pay voting policy. The company argues that its compensation program is designed to reward financial, operational, strategic, and individual performance while emphasizing long-term stock-based incentives. Fiscal 2026 outcomes included strong annual incentive payouts and a 236% payout on the fiscal 2024–2026 performance share units, supported by strong financial results and shareholder returns. The company also highlights governance safeguards such as performance-based pay, payout caps, clawback policies, stock ownership requirements, no executive pensions, and no excise-tax gross-ups. Shareholder support for the prior year’s say-on-pay proposal was approximately 91%, and management reports that 2026 shareholder engagement continued to express support for the program’s structure. Although the vote is advisory and not binding, the Board and Compensation Committee will consider the result when evaluating executive compensation. The Board recommends voting FOR because it believes the program and reported outcomes contributed to long-term success and aligned pay with performance.
- 3
Ratification of Appointment of Ernst & Young LLP as Independent Auditor
ManagementBoard: FORRatify the Audit Committee's appointment of Ernst & Young LLP as Cardinal Health's independent auditor for the fiscal year ending June 30, 2027.
Director elections
Nominees on the ballot11
Independent
Tenure on this board
4.2 yrs
Independent
Tenure on this board
6.2 yrs
Also a director at
Union Pacific Corp (UNP)
Independent
Tenure on this board
6.3 yrs
Also a director at
Scotts Miracle-gro Co (SMG)
Independent
Tenure on this board
13.2 yrs
Not independent
Tenure on this board
4.2 yrs
Also a director at
Davita Inc (DVA)
Independent
Tenure on this board
8.8 yrs
Also a director at
Boeing Co (BA)
Independent
Tenure on this board
11.2 yrs
Also a director at
Meta Platforms Inc (META)Certara Inc (CERT)
Independent
Tenure on this board
4.2 yrs
Also a director at
Mannkind Corp (MNKD)
Independent
Tenure on this board
1.7 yrs
Also a director at
Costar Group Inc (CSGP)
Independent
Tenure on this board
1.7 yrs
Also a director at
Five9 Inc (FIVN)
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 6.6% | 15,292,186 | $3.6B |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 5.9% | 13,717,894 | $3.3B |
| 3 | WELLINGTON MANAGEMENT GROUP LLP | 5.9% | 13,698,841 | $3.3B |
| 4 | STATE STREET CORP | 5.1% | 11,967,121 | $2.8B |
| 5 | BlackRock, Inc. | 4.3% | 10,059,592 | $2.4B |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | 2.5% | 5,709,017 | $1.4B |
| 7 | BlackRock, Inc. | 2.3% | 5,274,975 | $1.3B |
| 8 | WCM INVESTMENT MANAGEMENT, LLC | 1.8% | 4,112,461 | $971M |
| 9 | NORGES BANK | 1.6% | 3,726,422 | $885M |
| 10 | Invesco Ltd. | 1.0% | 2,211,758 | $525M |
Peers
Nearest market capOther Healthcare sector meetings6
Upcoming shareholder meetings at Cardinal Health Inc’s closest sector peers — compare boards, ballots, and ownership across the cohort.
Resmed IncRMD
Annual meeting·Nov 18, 2026·$33.1B
Zymeworks IncZYME
Annual meeting·Dec 15, 2026·$2.1B
Personalis IncPSNL
Special meeting·Nov 30, 2026·$1.7B
Innovage Holding CorpINNV
Annual meeting·Dec 3, 2026·$1.2B
Wave Life Sciences IncWVE
Annual meeting·Nov 12, 2026·$664M
Jasper Therapeutics IncJSPR
Special meeting·Nov 13, 2026·$561M
Reference
Frequently asked questions
- When is the Cardinal Health Inc 2026 annual meeting?
- Cardinal Health Inc (CAH) holds its 2026 annual shareholder meeting on Thursday, November 12, 2026.
- What is the record date for the Cardinal Health Inc 2026 meeting?
- The record date for the Cardinal Health Inc 2026 meeting is Monday, September 14, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Cardinal Health Inc's 2026 meeting?
- The board is presenting 11 director nominees at the Cardinal Health Inc 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Cardinal Health Inc 2026 meeting?
- Shareholders will vote on 3 proposals at the Cardinal Health Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
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