Democracy Gone Astray

Democracy, being a human construct, needs to be thought of as directionality rather than an object. As such, to understand it requires not so much a description of existing structures and/or other related phenomena but a declaration of intentionality.
This blog aims at creating labeled lists of published infringements of such intentionality, of points in time where democracy strays from its intended directionality. In addition to outright infringements, this blog also collects important contemporary information and/or discussions that impact our socio-political landscape.

All the posts here were published in the electronic media – main-stream as well as fringe, and maintain links to the original texts.

[NOTE: Due to changes I haven't caught on time in the blogging software, all of the 'Original Article' links were nullified between September 11, 2012 and December 11, 2012. My apologies.]

Showing posts with label John Hammergren. Show all posts
Showing posts with label John Hammergren. Show all posts

Wednesday, June 26, 2013

U.S. CEO sets a record with $159 million pension

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 (U.S.) 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.

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