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$159M Pension Sets World Record

Posted on 06/26/2013 by | General News | Comments

Bulletin Today | Money & SavingsFrom The Associated Press McKesson’s Chairman and CEO John Hammergren has set a new record in corporate America: Largest pension around. The drug distribution company disclosed in a regulatory filing Friday that Hammergren was entitled to a $159 million lump-sum payment for his pension, had he voluntarily left the company on March 31. The size of his pension was first reported by the Wall Street Journal on Tuesday. Several compensation consultants say it is by far the largest pension for …