McKesson Corp. cut CEO JohnHammergren's pay by about 10 percent following a shareholder revoltspurred by claims about the healthcare firm's alleged role in thenation's opioid crisis.The International Brotherhood of Teamstersled a vote-no campaign in 2017 against the firm's executive payplan after accusing the drug distributor of aggravating the opioidepidemic. Last year's pay package received 26.6 percent support,the second-lowest to date and among the worst of S&P 500companies.The board responded by trimming Hammergren's totalreported pay for fiscal 2018 by $1.95 million, changing incentiveplan metrics and agreeing to weigh “compliance risk related toopioid distribution” when making compensation decisions, the SanFrancisco-based company said Friday in a regulatoryfiling.Hammergren, 59, received a reported pay package of $18.1million for the last fiscal year, including a $1.68 million salary,a $3.48 million cash bonus, a long-term cash payout of $570,000 andequity awards of $11.8 million. He forfeited a $7.32 million targetperformance award from 2016 after the firm posted returns thattrailed those of the S&P 500 Health Care Sector Index over thepast three years.Shareholders will vote on the pay package at thefirm's annual meeting July 25.

Copyright 2018 Bloomberg. All rightsreserved. This material may not be published, broadcast, rewritten,or redistributed.