Thursday 7 November 2013

John H Hammergren (President, and CEO of McKesson Corporation)

John H Hammergren (President, and CEO of McKesson Corporation)


John H. Hammergren is Chairman, President and Chief Executive Officer of McKesson Corporation. He was elected President and CEO in 2001 and Chairman in 2002.

Under Mr. Hammergren’s leadership, McKesson has become the leading provider of healthcare services and information technology solutions that help organizations across the healthcare industry improve their business performance and deliver better care to patients. 

During his tenure, the company has increased its revenues to $122.5 billion, expanded into new markets, advanced to number 14 on the Fortune 500 and provided shareholders with a 13% compound annual return on investment.

Mr. Hammergren is currently a member of the Business Council, the Business Roundtable and the Healthcare Leadership Council. 

Mr. Hammergren's career at McKesson has included posts as President of Supply Management and Executive Vice President for the pharmaceutical, medical-surgical, pharmacy automation and pharmacy outsourcing businesses of the company. He joined McKesson in January 1996 to lead McKesson Health Systems, a division focused on the pharmaceutical supply management needs of healthcare institutions.

Mr. Hammergren earned a BA in business administration from the University of Minnesota and an MBA from Xavier University in Cincinnati.


Highest Paid CEO 

In December 2011 it was revealed that Hammergren was highest paid CEO in the US with total remuneration in excess of $145m[4] (mostly in stock options ). In 2010 he was paid $51.8m. 

http://www.forbes.com/lists/2012/12/ceo-compensation-12_John-H-Hammergren_ESV7.html
http://en.wikipedia.org/wiki/John_Hammergren

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