Plus   Neg

McKesson Corp.: Brian Tyler To Succeed Hammergren As CEO - Quick Facts

McKesson Corp. (MCK) announced that John Hammergren, chairman and CEO, has decided to retire, effective March 31, 2019. McKesson's Board has unanimously selected Brian Tyler, currently president and chief operating officer, to succeed Hammergren as CEO, effective April 1, 2019. Tyler will also remain as president.

Tyler is a 21-year McKesson veteran. He has led nearly every major business within the company as well as McKesson's corporate strategy and business development unit.

Edward Mueller, currently lead independent director on McKesson's Board, will succeed Hammergren as an independent chairman of the Board, effective April 1, 2019.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Alibaba is upgrading its intellectual property system using blockchain technology, according to local news outlet Sohu. Alibaba Platform Management expects this to benefit mainly small and medium-sized enterprises, brands and entrepreneurs. The technology will be fully implemented in September, and thereafter, the company intends to expand it to the field of digital copyright protection. Electronics retailer Best Buy Co., Inc. (BBY) reported Thursday a 27 percent increase in profit for the first quarter from last year, which was impacted by restructuring charges, and higher revenues. Both adjusted earnings per share and revenues for the quarter topped analysts' estimates. The company also provides guidance for the second quarter and reiterated its outlook for the full-year 2020. While reporting financial results for the second quarter on Thursday, Hormel Foods Corp. (HRL) lowered its earnings and net sales guidance for the full-year 2019. For fiscal 2019, the company now projects earnings in a range of $1.71 to $1.85 per share, and net sales between $9.70 billion and $10.20...
Follow RTT