×

Health Care Equipment and Supplies John Hammergren

  • *Q1 adj. earnings of $2.46/ share vs est of $2.83/ share. *Raises fiscal 2018 earnings forecast to $11.80- $12.50/ share. "We entered this year with an assumption of branded inflation in the mid-single digits, and our first quarter experience was slightly ahead of this assumption," McKesson Chief Executive John Hammergren said.

  • TRENTON, N.J.— Top U.S. drug wholesaler McKesson agreed Wednesday to create an independent board chairman, responding to a Teamsters- led shareholder protest over its role in distributing opioids. The company's move came even though shareholders at Wednesday's meeting didn't back the Teamsters' proposal to split the CEO and board chairman jobs to provide more...

  • Shareholders Teamsters and state treasurers from Illinois, Pennsylvania and West Virginia urged McKesson to take stringent efforts to combat the opioid epidemic plaguing the country. Hammergren was paid more than $20 million for the year ended March 31, despite a record $150 million settlement that McKesson paid to resolve a U.S. probe into whether it...

  • July 26- McKesson Corp shareholders voted against the company's executive pay policy, following a shareholder campaign that criticized the drug wholesaler for its role in the U.S. opioid drug epidemic. Three U.S. state treasurers and the International Brotherhood of Teamsters campaigned against McKesson's executive pay practices and urged it to appoint...

  • July 25- U.S. state treasurers from Illinois, Pennsylvania and West Virginia on Tuesday urged drug distributor McKesson Corp to appoint an independent chair and link executive pay with progress in combating opioid epidemic. The letter follows criticism from International Brotherhood of Teamsters, who earlier this month urged shareholders to vote against...

  • July 25- U.S. state treasurers from Illinois, Pennsylvania and West Virginia on Tuesday urged drug distributor McKesson Corp to appoint an independent chair and link executive pay with progress in combating opioid epidemic. The letter follows criticism from International Brotherhood of Teamsters, who earlier this month urged shareholders to vote against...

  • NEW YORK, July 10- The International Brotherhood of Teamsters urged McKesson Corp's shareholders to vote against the company's executive pay practices and called for it to appoint an independent chairman as the union criticized the drug distributor for its role in the U.S. opioid drug epidemic. McKesson Chief Executive John Hammergren was paid more than $20...

  • The company's shares were up 6.2 percent at $150.30 in after-market trading on Thursday. The company said it expects fiscal 2018 adjusted earnings of $11.75- $12.45 per share. However, Walgreens Boot Alliance deal for Rite Aid in 2015 cast doubts over that contract.