7061 East Pleasant Valley Road, Independence, Ohio 44131 • (216) 241-2630 / Fax: (216) 241-6516

Membership
Benefits
News and Issues
Departments
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

© 1997-2017 Brotherhood of Locomotive Engineers and Trainmen

 


Decertification Helpline
(216) 694-0240

National Negotiations

Sign up for BLET
News Flash Alerts

DAILY HEADLINES

Two CSX workers killed by Amtrak train near Union Station in D.C.
Hall named FRA Deputy Director
CSX dispatchers to soon return to Jacksonville
Report: Alabama mine worker’s death caused by out of control locomotive
Regulators helped oil by rail company avoid environmental review, California court rules
Hoffa: Reject Senate health care bill
Union Pacific CEO says the opportunity is ripe to modernize NAFTA
North Dakota corn bushels from 2016 could affect corn prices
Amtrak passengers stranded 5 hours after train gets stuck on tracks in Va.
Oregon lawmakers advance measure aimed at rail spill disasters
CN to report 2Q 2017 financial results on July 25
CP to report 2Q 2017 results on July 19
RRB issuing statements of service (Form BA-6)
Get the latest labor news from the Teamsters

More Headlines