John Hammergren, chairman, president and CEO of McKesson Corp., heads the list of the highest-paid CEOs in the country, and healthcare CEOs fill three of the top 10 slots, according to Forbes magazine.
McKesson's Hammergren tops Forbes CEO pay list
Most of Hammergren's $131.2 million in compensation came from exercising stock options, according to Forbes. The magazine included salary, bonus, perks and the value of stock options exercised through Sept. 6 in determining the list. Hammergren joined McKesson in 1996, became the company's president and CEO in 2001 and added the chairmanship in 2002, according to his company bio.
Other healthcare CEOs on the list include: George Paz, chairman and CEO of Express Scripts, who came in fifth with $51.5 million in total compensation; Stephen Hemsley, who ranked eighth with $48.8 million in total compensation; John Martin, chairman and CEO of biotechnology company Gilead Sciences, who was 11th with total compensation of $42.7 million; David Pyott, chairman, president and CEO of pharmaceutical company Allergan, who was 20th with $33.8 million in total compensation; and Gregory Lucier, chairman and CEO of biotechnology company Life Technologies, who came in 21st with $33.8 million in total compensation.
Hemsley topped Modern Healthcare's corporate CEO pay list in August, making 2011 the second year in a row that Hemsley has led the annual survey.
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