Saturday, October 22, 2011

Meet 1 % er John Hammergen: Nation’s Top ‘Robber Baron’

John Hammergren © David Maxwell/Bloomberg via Getty Images

CEO: John Hammergren

Company: McKesson (MCK) Industry: Pharmaceuticals

Compensation: $131.2 million last year

Company net income (trailing 12 months): $1.2 billion

1-year shareholder return (as of Oct. 17): 17%

I thought I’d share this profile of greed as an example of what the 99% ers of Occupy Wall Street are protesting about. His salary is obscene. Especially when you consider he pays less in taxes than you do! Gee…I wonder how Hammergren feels about legalizing marijuana?

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