Also written by Bloomberg News:
Veteran CEOs find success in comeback role
x hide permanently

McKesson Reduces CEO's Pay 10% Following Revolt by Investors

BNN Bloomberg

(Bloomberg) -- McKesson Corp. cut Chief Executive Officer John Hammergren’s pay by about 10 percent following a shareholder revolt spurred by claims about the health-care firm’s alleged role in the nation’s opioid crisis. The International Brotherhood of Teamsters led a vote-no campaign in 2017 against the firm’s executive pay plan after accusing the drug distributor of aggravating the opioid epidemic...

Mentions: Investors CEO crisis