Is McKesson CEO, John Hammergren Really Worth $58,564,111?
Most of John Hammergren’s compensation comes from the sweet little options deal he’s got going. John exercises his options as fast as he gets them. Here’s a breakdown of John’s compensation package for 2007: Salary: $1,366,716 All Other: $18,768,823 Profit on Options Exercised YTD: $30,078,303 Projected full year Profit on Options: $38,428,572 Total Compensation Package for 2007: $58,564,111 HAMMERGREN BIO & COMP … HAMMERGREN INSIDER TRADING ACTIVITY McKesson’s 2007 Estimated Earnings: $940,000,000 Hammergren Compensation package represents a whopping 6.23% of McKesson’s estimated earnings. Holly Cow!! John must be one heck of a CEO! I’ll bet he’s really increased the value of McKesson stock in the eleven years that he’s been with the company (7 yrs as CEO). Let’s take a look, shall we? Here’s a 10 yr chart of the Stock’s performance. Oh Boy…. I didn’t expect that. Maybe I just don’t really understand high finance very well, but it seems like a 0.00% return over a 10 year period of
