Occasionally in the world of corporate headhunting, what goes around truly comes around. Such is the case with McKesson (NYSE:MCK), which has done some executive poaching of its own after American Express grabbed its CFO Jeffrey Campbell this past June. McKesson announced today it has filled that position with James Beer, now the ex-CFO of Symantec. McKesson will also be executive vice president at his new company. His employment begins on October 9.
Previous to his time at Symantec, Beer was CFO of AMR and that company's chief subsidiary, American Airlines.
For his labors at McKesson, Beer will be paid an annual base salary of $800,000, according to an SEC filing made by the firm. He will also be eligible for various company incentive plans and stock options.
Fool contributor Eric Volkman has no position in any stocks mentioned. The Motley Fool recommends American Express and McKesson. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.