McKesson Corp. Chairman and CEO John Hammergren earned $25.9 million in the company's fiscal 2014—a 50% drop from when he took home a highly criticized $51.7 million compensation package in 2013.
McKesson, a healthcare supply-chain catchall involved with technology and pharmaceutical services, filed its annual proxy disclosure Thursday with the Securities and Exchange Commission. Hammergren's salary, stock options and incentives were mostly unchanged year over year. The biggest difference involved his pension, where he accrued no new benefits. Hammergren, 55, still accrued $887,107 in deferred earnings and dividends, but that pales in comparison to the $24.2 million he earned in 2013 from his pension and other future pay.