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.
In an effort led by the International Brotherhood of Teamsters, a long-term shareholder in McKesson, a majority of McKesson shareholders voted to reject the executive pay plan. Teamsters General Secretary-Treasurer Ken Hall traveled to Irving, Texas to speak at the shareholder meeting and confront CEO John Hammergren and the entire board of directors directly about the failed oversight of opioid distribution that has fueled this public health crisis.
McKesson shareholders voted at their annual meeting Wednesday to reject the proposed compensation for CEO John Hammergren and other top executives after the Teamsters raised concerns about the company's role in the U.S. opioid crisis.
McKesson CEO John Hammergren has earned $692 million in the past 10 years. The Teamsters think that's too much.
Yesterday morning a group of Teamster furniture movers who have been locked out by Farmingdale-based Waldner’s Business Environments since July 5th, crashed a meeting of the Suffolk County Legislature to protest a politician’s family ties to the union busting company.
With the passage and implementation of the City of Raleigh’s budget on July 1, police officers represented by Teamsters Local 391 are expected to see pay increases of anywhere from 3 percent to 13 percent. The new budget also increases the starting base salary for police to $40,000 annually.
We have been advised that YRC Freight is mailing its proposed multi-region network enhancement change of operations and utility employee change of operations today.
The largest drug distributor in the US has been accused by the Teamsters union of a pivotal role in the country’s opioid epidemic. The union is urging shareholders to force a public reckoning this week, a move prompted by one member’s heartrending account of the death of his son.