1370 Ontario St. - Mezzanine, Cleveland, Ohio 44113 • (216) 241-2630 / Fax: (216) 241-6516

Membership
Benefits
News and Issues
Departments
Secretary-Treasurers
Information
Merchandise
Communications
FELA
Events
Links
User Info

McKesson CEO makes 943 times aver workers' pay, but wants to cut Social Security

(Source: Teamster Nation, November 20, 2013)

WASHINGTON, D.C. — McKesson, the pharmaceutical distribution giant, pays its CEO John Hammergren 943 times what the average McKesson worker makes. That puts McKesson right behind Walmart when it comes to CEO plundering of a company and abuse of employees. Hammergren's signal achievement at McKesson was racking up nearly $1 billion in fines for price-fixing and Medicaid fraud. Hammergren also belongs to that uniquely loathsome group, Fix the Debt, which wants to cut your Social Security. The Institute for Policy Studies found three of the Fix the Debt CEOs who want to impoverish millions of retirees have pensions of more than $100 million each. Hammergren has the largest retirement fortune of the three: $144.3 million.

Full story: Teamster Nation

Thursday, November 21, 2013

Like us on Facebook at
Facebook.com/BLETNational

Sign up for BLET News Flash Alerts

© 1997-2016 Brotherhood of Locomotive Engineers and Trainmen

 


Decertification Helpline
(216) 694-0240

National Negotiations

Sign up for BLET
News Flash Alerts

DAILY HEADLINES

Get the latest labor news from the Teamster news blog
NJ Transit has been developing strike plan for four months
Hall: 'Right to work' fight is not over in West Virginia
CP white paper: Merger with NS would not trigger future North American merger activity
House T&I Committee pushes for ‘visionary’ Amtrak leader
Some investors say UP stock ‘a screaming buy’
Latest changes at CSX part of evolving rail history
Amtrak, Illinois DOT reach deal to keep in-state service
Contra Costa County workers join Teamsters Local 856
Pullman Porter Museum launches online registry of black railroad laborers
B&P tunnel relocation project meets strong opposition from Baltimore residents

More Headlines