Chairman, President & CEO, McKesson Corporation
John H. Hammergren is Chairman, President and Chief Executive Officer of McKesson Corporation. He has been a director of McKesson since 1999 and was elected President and CEO in 2001 and Chairman in 2002. McKesson has seen a 9 percent compound annual growth rate in revenues, as well as a 16 percent compound annual growth rate in earnings, since 2000. He has served as President of Supply Management and as Executive Vice President for the pharmaceutical, medical-surgical, pharmacy automation and pharmacy outsourcing businesses of the company. He joined McKesson in January 1996 to lead McKesson Health Systems, a business unit focused on the pharmaceutical supply management needs of healthcare institutions.
Under Hammergren’s leadership, McKesson has emerged as the leading provider of supply, information and care management solutions designed to reduce the cost and improve the quality of healthcare. During his tenure, the company has more than doubled its revenues to $102B, expanded into new markets and advanced to number 18 on the Fortune 500. It has also experienced a cultural transformation driven by the establishment of a set of core values, a commitment to continuous process improvement, and a collaborative approach to serving its customers.
This year Hammergren co-authored the book, “Skin in the Game,” where he describes the history of our health care system, provides an explanation of its current state, and outlines the great strides that he sees being made in the near future. In 2009, Hammergren will become the chairman of the Healthcare Leadership Council, a coalition of chief executives of the nation’s leading health care companies and organizations. In addition, he has been named one of Modern Healthcare’s 100 Most Powerful People in Healthcare five years in a row. Hammergren is a member of the Hewlett Packard board of directors. He is also a director of Nadro, S.A. de C.V., a leading pharmaceutical distributor in Mexico.
Prior to joining McKesson, Hammergren led the Medical-Surgical division of Kendall Healthcare Products Company, and held a series of general management positions at Baxter Healthcare Corporation/American Hospital Supply Corporation and Fujisawa Healthcare between 1981 and 1991.
Hammergren earned his bachelor’s in Business Administration from the University of Minnesota, and his master’s from Xavier University in Cincinnati.