Teamsters Protest McKesson Abuse/CEO Pay At Shareholder Meeting
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(San Francisco, CA) – Teamsters from across the country protested today outside the annual shareholder meeting of San Francisco-based McKesson Corporation [NYSE: MCK], North America’s leading pharmaceutical distributor.
McKesson saw $123 billion in revenues last year, yet it hired a union-busting law firm and threatened and intimidated its workers in Lakeland, Fla., who voted for Teamster representation. After more than a year, McKesson has still not agreed to a first contract that provides fair wages and affordable health care for its Florida workers. McKesson workers in Lakeland are represented by Teamsters Local Union 79.
Meanwhile, McKesson’s board of directors has lavished Chairman and CEO John Hammergren with a total compensation of roughly $50 million per year, including a pension with an estimated value of $159 million.
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http://www.teamster.org/content/teamsters-protest-mckessons-worker-abuse-and-executive-pay-shareholder-meeting