7061 East Pleasant Valley Road, Independence, Ohio 44131 • (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 Teamsters
Railroads warned: Do not delay on Positive Train Control
DOT: New status update underscores need for continued Positive Train Control implementation and Funding
Progress slow on installing PTC, report says
NJ Transit, PATH on track to meet 2018 deadline for PTC
AAR: Total weekly rail traffic down 5.3 percent from 2015 for week ending August 13
BNSF to resume train traffic through Cajon Pass after fire delay
Blue Cut fire could cost Southern California’s shipping industry millions of dollars per day
CP Rail says it is ready to move bumper grain crop to market
Amtrak police chief under investigation for fraud, conflict of interest
KCS declares quarterly dividend
Passenger rail service proposed for Clarksville-Nashville route
Amtrak-Alstom deal signed
Roadbed from N.J.’s first railroad named to national historic register
Unemployment and sickness benefits for railroad employees

More Headlines