Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. OnJanuary 13, 2022 , the Board of Directors ("Board") ofMcKesson Corporation ("Company") electedJames H. Hinton andKathleen Wilson-Thompson as directors of the Corporation effective onJanuary 13, 2022 .Mr. Hinton serves as an operating partner for the private equity firm Welsh, Carson, Anderson & Stone. Prior to that, he held the role of chief executive officer atBaylor Scott & White Health , the largest not-for-profit health system inTexas , and held a variety of roles withPresbyterian Healthcare Services ,New Mexico's largest non-profit healthcare provider, including president and chief executive officer.Ms. Wilson-Thompson most-recently held the role of executive vice president and global chief human resources officer at Walgreens Boots Alliance. Prior to that, she held the role of senior vice president of global human resource at Kellogg Company. She serves on the boards of directors of Tesla, Inc. and Wolverine Worldwide. The Company expects that the Board will appointMr. Hinton to theCompliance Committee andGovernance Committee andMs. Wilson-Thompson to theCompensation Committee andGovernance Committee .Mr. Hinton andMs. Wilson-Thompson each will receive compensation in accordance with the Company's standard compensatory arrangement for non-employee directors. Each will receive an annual cash retainer of$80,000 , which will be prorated based on their election date. Each also will receive, effectiveFebruary 7, 2022 , restricted stock units ("RSUs") under the Company's 2013 Stock Plan in an amount that represents the annual equity award value granted to non-management directors after the Company's 2021 annual meeting of shareholders, prorated toJanuary 13, 2022 . The number of RSUs to be granted to each will be determined by dividing$94,191.78 by the closing price of the Company's common stock onFebruary 7, 2022 . In addition, effectiveJanuary 13, 2022 ,Mr. Hinton andMs. Wilson-Thompson each will enter into the Company's standard Indemnification Agreement for directors, which provides for indemnification to the fullest extent permitted byDelaware law. Item 7.01 Regulation FD Disclosure.
On
(d) Exhibits. Exhibit No. Description 99.1 New s release issued by McKesson Corporation on January 1 8 , 20 2 2 104 Cover Page Interactive Data File - the cover page iXBRL tags are embedded within the Inline XBRL document
--------------------------------------------------------------------------------
© Edgar Online, source