Thread regarding McKesson Corp. layoffs

Pensions for CEO Only

https://www.huffingtonpost.com/entry/pensions-for-ceos-only_b_9654276

|-----| The McKesson Corporation provides a perfect example of this. McKesson froze its employee pension in 1996, and barred workers who were hired after that from participating. By contrast, several years later, McKesson established an executive retirement account for CEO John Hammergren. It put $114 million in there for him, which when added to Hammergren’s other McKesson pension benefits, gives him a total of $145,513,853.

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Post ID: @Veb73PZ

3 replies (most recent on top)

Agreed! It’s criminal and they should be treated like criminals. The employees and stockholders bare all of the burden and the cost of miss management and poor decisions. The only people that will benefit from the McKesson - Allcripps merger, turned to failure...is the top level people with tons of stock. Change the cabinets and change out Mr. Black! They are robbing from everyone and destroy our client base and reputation... Glen Tullman- You cared about the people and the clients. Cheers! I would certainly take you back!

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Post ID: @Veb73PZ-1Jffw

So the doctors who wrote thousands of pr-scrip-ions and pharmacies who filled them are not to blame?

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Post ID: @Veb73PZ-tmyd

The stock is down more than 45% (from 240$ in 2015 to 128$ now) for a few years now. A CEO like that deserves to be stripped off all his regalia, money and sent to the streets. (not to mention the whole immoral opioid scheme)

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Post ID: @Veb73PZ-1xio

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