Illinois State Treasurer’s Office News Releases
Statement from Illinois Treasurer Michael Frerichs in Response to Cardinal Health’s CEO Stepping Down
SPRINGFIELD — Illinois State Treasurer Michael Frerichs today issued a statement following the announcement by Cardinal Health that its chief executive officer, George Barrett, will step down. Barrett’s resignation announcement comes amid investor concerns regarding the company’s role in the opioid epidemic and reports of sluggish financial performance. Frerichs and fellow state treasurers from California, Pennsylvania and West Virginia sent a letter to Cardinal Health in September, 2017, emphasizing their concerns with business practices at the company that have contributed to the nation’s opioid crisis, which claimed 64,000 lives in…
Illinois Treasurer Frerichs Returns Purple Heart To Family of Vietnam Veteran
EAST ST. LOUIS — Illinois State Treasurer Michael Frerichs today returned a Purple Heart Medal to Tommie Turner, brother-in-law of late Vietnam War Veteran, Willie G. Riley, at a ceremony at East St. Louis City Hall. The Purple Heart is one of the most recognized and respected medals awarded to a member of the U.S. Armed Forces. Frerichs also returned military transfer papers, a savings bond, and jewelry that belonged to Turner and his late wife. The items were discovered in a safe deposit box that was surrendered to the…