America’s CEOs enjoyed pay hikes up to 40% in 2011
1. John Hammergren, of McKesson Corporation. The CEO of the world’s largest health care firm earned ‘just’ $1.7m in salary in 2010 the rest came in stock options and perks. If the company changes hands he stands to make even more money – $469m to be exact.
2. Joel F Gemunder, Omnicare CEO. The boss of the US’s largest provider of pharmaceutical care for the elderly retired last August after 29 years with the firm. His pension pot went up $14m in the last year alone.
The dramatic bounceback comes as the latest government figures show wages for the majority of Americans are failing to keep up with inflation.