Age, Biography and Wiki
John Hammergren was born on 20 February, 1959 in Saint Paul, Minnesota, United States, is a CEO of McKesson Corporation, Retired. Discover John Hammergren's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 64 years old?
| Popular As | John Hammergren |
| Occupation | CEO of McKesson Corporation, Retired |
| Age | 64 years old |
| Zodiac Sign | Pisces |
| Born | 20 February, 1959 |
| Birthday | 20 February |
| Birthplace | Saint Paul, Minnesota, Minnesota |
| Nationality | United States |
We recommend you to check the complete list of Famous People born on 20 February. He is a member of famous with the age 64 years old group.
John Hammergren Height, Weight & Measurements
At 64 years old, John Hammergren height not available right now. We will update John Hammergren's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status | |
|---|---|
| Height | Not Available |
| Weight | Not Available |
| Body Measurements | Not Available |
| Eye Color | Not Available |
| Hair Color | Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
| Family | |
|---|---|
| Parents | Not Available |
| Wife | Not Available |
| Sibling | Not Available |
| Children | Not Available |
John Hammergren Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is John Hammergren worth at the age of 64 years old? John Hammergren’s income source is mostly from being a successful . He is from United States. We have estimated John Hammergren's net worth , money, salary, income, and assets.
| Net Worth in 2023 | $1 Million - $5 Million |
| Salary in 2023 | Under Review |
| Net Worth in 2022 | Pending |
| Salary in 2022 | Under Review |
| House | Not Available |
| Cars | Not Available |
| Source of Income |
John Hammergren Social Network
Timeline
John H. Hammergren is an American businessman. He is best known for his role as Chairman and CEO of McKesson Corporation since 1999. On November 1, 2018 John Hammergren announced his plan to retire. On April 1, 2019, he officially retired from McKesson. He was succeeded by Brian Tyler.
According to a Bloomberg Pay Index, Hammergren had taken home $781 million as of July 2017, since becoming sole CEO at McKesson in 2001.
In June 2014, Glenn Gray, a former employee at McKesson returned to the company's annual meeting to ask that Hammergren's $292 million severance package be redistributed to low-paid employees. The proposal was defeated by the shareholders. He had also earlier, in 2013, 4 months before being relieved from his duties at McKesson, asked for wage raises during the company's annual meeting too.
In December 2011 it was revealed that Hammergren was the highest paid CEO in the US with total remuneration in excess of $700m.
In 2005, John Hammergren was elected to Hewlett-Packard's board of directors. Hammergren served until 2013 when he left the board. New York City's public pension funds supported the efforts to oust two Hammergren and G. Kennedy Thompson because of their support for the company's 2011 acquisition of British software maker Autonomy and "their failure to protect investors from costly, misguided acquisitions." Hammergren received less than 60 percent of the vote for reelection at the 2013 annual shareholder vote and subsequently resigned.
Hammergren was elected president and CEO of McKesson in 2001 and chairman in 2002. In 2017, McKesson was involved in a number of lawsuits against the state of Arkansas over the supply of vecuronium bromide. Lawsuits alleged that McKesson directors paid little attention to oversight of opioid sales after a 2008 settlement centering on the company's insufficient monitoring of such shipments. The lawsuit involved 10 existing and former executives and directors, including Hammergren. Hammergren was criticized for his pay given the controversy surrounding the company's role in the opioid epidemic and failure to report suspicious opioid orders. Hammergren's annual bonus pay was increased to amount of $1.1 million in 2017. The International Brotherhood of Teamsters, who own shares in the company, said of the bonus pay issue: “It is staggering that Hammergren received a $1.1 million boost to his bonus just months after the company announced it had reached a record $150 million settlement with the DEA in a year the company faces mounting litigation, negative press and Congressional scrutiny.” The union urged shareholders to vote against Hammergren's compensation package at the company's annual shareholder meeting.
In 1996, Hammergren was hired by McKesson to run the Pharmaceutical division at McKesson. In 1999, soon after McKesson's fraud scandal, he was named president and co-CEO of the company, becoming sole CEO in 2001, and chairman of the board in 2002.
John Hammergren was born in St. Paul, Minnesota on 20 February 1959. His father was a traveling salesman in the healthcare industry.
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