Clawback Policy at McKesson Corp. Strengthened

Courtesy of www.money.cnn.com via Google Images.
Courtesy of www.money.cnn.com via Google Images.

Last Wednesday at McKesson Corporation’s annual stockholders meeting, the majority of investors voted to strengthen the company’s clawback policy. With the support of proxy advisory firms, the non-binding proposal stated the company’s existing policy possesses too high of a standard to which clawbacks may be applied. So what does this mean exactly? Shareholders agreed that McKesson needs to disclose the use of its clawback policy. For more details, read the full article HERE.