145 Million dollar man John Hammergren, the CEO of the McKesson Corp.

  • #21
The stock has been diluted due, in large part, to his cash outs. But it's still trading at $78-ish.

That said, it was trading at around $90 when Hammergren started at McKesson 15 years ago and he has been CEO for 12 years. That's a long time and it is said they have thrown billions into failed health-tech platforms in recent years. The stock should be higher than it is, according to the analysts.

The bottom line is, Hammergren is not the only CEO/chairman who is enjoying such a rich (and ridiculous, IMO) compensation package. Folks who own stocks should be paying attention and doing their homework.

I'm not a huge fan of the methods of the "Occupy" movement, but their hearts are in the right place.

I've got the feeling, we Americans are so fed up with the Masters-of-the-Universe theft, if we didn't have the Tea Party and Occupy we'd have another movement form.

Actually I think we will have another movement....something that will address the skyrocketing cost of health care. Our insurance costs went up over 30% at work, so the copays and deductables have gone way up. No wonder we haven't had any raises in 3 years! And the lower paid full time workers will spend one third to one half of their paycheck to insure their spouses or kids.

Absolutely positively unsustainable! Americans are going without health care and dying so people like Mr. Hammgren can become obscenely wealthy.
 

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