McKesson CEO's $292 Million Golden Parachute Faces a Proxy Fight - Businessweek -BoardProspects

McKesson CEO's $292 Million Golden Parachute Faces a Proxy Fight

Businessweek Jul 21 2014 BoardNews

If McKesson ( MCK ) were sold tomorrow and Chief Executive Officer John Hammergren were fired, he’d be eligible to walk away from the medical-products company with $292 million in severance pay—almost half of it in restricted stock and option awards that were intended as incentives to keep him on the job.
Read Full Article

Bookmark or Share this article

Login to comment.
Related Articles
- Getting Gen-Y on Boards (of Directors) also categorized in BoardNews
- Corporate Boards: Shifting From Aging Men To New Generation Of Women? also categorized in BoardNews
- Germany's Corporate Governance Problem also categorized in BoardNews
- Dodd-Frank in One Graph also published in Businessweek
- Duke’s Almost CEO Was a Good Leader: Ex-Progress Director also published in Businessweek
- Taiwan Court Orders Reinstatement Of Two CPDC Board Candidates As Contested Vote Nears also categorized in BoardNews
- Netflix: Icahn Says Poison Pill 'Poor Corporate Governance' also categorized in BoardNews
- Six Years Later, The Problem at HP is Still the Board also categorized in BoardNews
- Calpers, Calstrs Start Site to Help Companies Diversify Boards also published in Businessweek
- Papa John's Founder John Schnatter Asks Board to Remove 'Wolf-Pack' Provision From Poison Pill also written by Dawn Kopecki

Search:
Categories
1. BoardProspects Features:
  BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Question of The Week, Sponsored Content
Topics Mentioned
Authors
- Dawn Kopecki