Sundar PichaiSundar Pichai earned $164M in 2023

John H. Hammergren served as CEO of McKesson Corporation from 2001 until his retirement in 2019. Under his leadership, McKesson became one of the largest healthcare companies in the world, focusing on distributing pharmaceutical products and healthcare solutions. Before leading...

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John H. Hammergren

Ex-CEO of McKesson

Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Sector of Economy

Healthcare

Born

June 1, 1959 - 65 years ago

CEO of McKesson for

18 years 2 months (Jan 2001 - Mar 2019)

Previous Experience

Various leadership roles within McKesson Corporation

Holdings

See how much did John H. Hammergren make over time.

During John H. Hammergren's time at McKesson, his stock holdings reached substantial heights. At one point, he held millions of shares in McKesson, with his net worth heavily tied to the company's stock performance. In 2015, for instance, he realized...

Jan 24, 2025

Total Stock Sold

$610.23M

MCK

$610.23M

4,396,281 MCK shares

What if they kept their stock?

If John H. Hammergren didn't sell their stock, today they would have:
Extra MCK4,396,281 shares worth $578.37M.
This is -5.22% and $31.86M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of John H. Hammergren.

BFLY

48,231 shares

BFLY

Jun 17, 2022

Received

BFLY

133,256 shares

BFLY

Feb 12, 2021

Received

MCK

$10.40M

MCK at $160.00/share

Dec 14, 2017

Sale

MCK

$30.59M

MCK at $153.70/share

Sep 28, 2017

Sale

MCK

$46.47M

MCK at $154.89/share

Sep 25, 2017

Sale

MCK

$34.17M

MCK at $151.85/share

Sep 20, 2017

Sale

MCK

$6.32M

MCK at $163.76/share

May 31, 2017

Sale

MCK

$3.14M

MCK at $162.31/share

May 27, 2017

Sale

MCK

$15.10M

MCK at $150.29/share

Mar 28, 2017

Sale

MCK

$15.12M

MCK at $150.48/share

Mar 1, 2017

Sale

Compensation History

See how much did John H. Hammergren make over time.

Throughout his tenure, John H. Hammergren's compensation reflected both his leadership role and the company's success. In 2019, his total compensation was approximately $15.4 million, which included a base salary of around $1.25 million and significant stock vesting. His previous years saw even larger payouts, including a peak of over $54 million in 2015. His compensation packages often correlated with company performance, utilizing metrics like adjusted EPS and operating profits to guide incentives. Notably, he also opted out of certain lucrative severance benefits upon his retirement, emphasizing a long-term view for McKesson. Hammergren's earnings included various elements like bonuses and deferred compensations, ensuring that he had a strategic approach to his financial growth during and after his career.

Year

2019

Total Compensation

$5.86M

Salary

$1.25M

Board Justification

The compensation philosophy emphasizes alignment with company performance, retention of key executives, and competitive benchmarking against peers.

Bonus

$0.00

Board Justification

No bonus was awarded for FY 2020 due to performance considerations.

Other

$656.28K

Board Justification

Other compensation includes matching contributions to retirement plans, security services, and other benefits.

Restricted Stock

$3.95M(30.88K RSU)

Board Justification

The total number of shares vested in 2019 includes 30,781 RSUs and 1,100 PSUs that were earned based on performance metrics.

Performance Metrics

Performance metrics for the Management Incentive Plan included Adjusted EPS, Adjusted Operating Profit, and Free Cash Flow.

Other McKesson CEOs

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