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

© 1997-2014 Brotherhood of Locomotive Engineers and Trainmen

 


Safety Task Force Hotline
800-306-5414

Decertification Helpline
800-393-2716

DAILY HEADLINES

Teamster Nation: Get the latest updates in the War on Workers
Norfolk Southern sets quarterly records in 3Q 2014
CN reports 3Q 2014 net income of C$853 million, up 21 percent from 2013
CN Rail earnings up on higher volumes
CP reports record 3Q 2014 net income of C$400M or $2.31 per diluted share
Canadian Pacific's profit, revenue rise in 3Q 2014, but falls short of estimates
Hoffa tells Wisconsin Teamsters they can effect change
Proposed routes for Dallas-Houston high-speed rail revealed
CP Rail CEO says rail industry needs mergers to address gridlock threat
CP Rail CEO says unlikely to pursue hostile bid for CSX
Claims settled in Rosedale train explosion as NTSB prepares to release final report
Construction begins on Quad-Cities-Chicago rail route
Granite Peak Development unveils new $60 million crude by rail facility in Wyoming
Legal petition seeks NY ban on DOT-111 rail tank cars
Credit for military service under the Railroad Retirement Act

More Headlines


Enter your e-mail address to receive BLET news updates.

Subscribe  Unsubscribe