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Teamsters Protest McKesson's Worker Abuse And Executive Pay At Shareholder Meeting
Date:7/31/2013

SAN FRANCISCO, July 31, 2013 /PRNewswire-USNewswire/ -- Teamsters from across the country protested today outside the annual shareholder meeting of San Francisco-based McKesson Corporation [NYSE: MCK], North America's leading pharmaceutical distributor.

(Logo: http://photos.prnewswire.com/prnh/20100127/IBTLOGO)

McKesson saw $123 billion in revenues last year, yet it hired a union-busting law firm and threatened and intimidated its workers in Lakeland, Fla., who voted for Teamster representation. After more than a year, McKesson has still not agreed to a first contract that provides fair wages and affordable health care for its Florida workers. McKesson workers in Lakeland are represented by Teamsters Local Union 79.

Meanwhile, McKesson's board of directors has lavished Chairman and CEO John Hammergren with a total compensation of roughly $50 million per year, including a pension with an estimated value of $159 million. 

"While Mr. Hammergren enjoys the fruits of our hard work, our families are struggling to make ends meet," said Gary Glenn, a 10-year McKesson employee from Florida. "Because nearly a third of our month's wages are deducted to pay our families' healthcare, most of us can't afford health care at all."

"It's a disgrace that a multi-billion dollar health care corporation that profits off of the billions of dollars in prescription drug purchases made by Teamsters and their families each year can find tens of millions for the boss, but won't provide a decent standard of living for their front line employees," said Ken Wood, Teamsters International Vice President and President of
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SOURCE International Brotherhood of Teamsters
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