Headline News

McKesson’s Golden-Parachute Ratio: 1,000 Workers or One CEO


McKesson Corp. said in March it would dismiss 1,600 workers in the U.S. and expects the departures will cost about $300 million, mostly in severance payments. Chief Executive Officer John Hammergren is staying put, which might be just as well for the drug distributor’s bottom line. Read more, here.