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Brian S. Tyler

Chief Executive Officer at MCKESSON
Since April 1, 2019
Age
57 years
Education
Earned his Ph.D. in Economics from the University of Chicago, specializing in industrial organization, labor economics, and public finance/project evaluation.
Tenure
Has been with McKesson Corporation for 26 years, serving in various leadership roles including President, Chief Operating Officer, and since April 2019, the Chief Executive Officer.

Also at MCKESSON

BJV
Britt J. Vitalone
Executive Vice President and Chief Financial Officer
LBS
LeAnn B. Smith
Executive Vice President and Chief Human Resources Officer
ML
Michele Lau
Executive Vice President and Chief Legal Officer

About

Brian S. Tyler has built a distinguished career in the healthcare and pharmaceuticals industry, showcasing a deep understanding of business transformation and global operations. His leadership journey includes overseeing major strategic initiatives and steering diverse business units at McKesson Corporation, enabling him to develop a comprehensive perspective on corporate growth and operational excellence.

His progression through various executive roles—ranging from President and Chief Operating Officer in North America to leadership positions in Europe—highlights his agility in navigating complex business landscapes and his commitment to driving sustainable business improvements.

Beyond his principal role at McKesson, he contributes to the industry by serving on the boards of prominent organizations such as Republic Services, Inc. and the International Federation of Pharmaceutical Wholesalers. His active involvement in philanthropic endeavors, including the American Cancer Society’s CEOs Against Cancer group, underscores a long-term commitment to community and industry advancement.

$MCK Performance Under Brian S. Tyler

Past Roles

OrganizationRoleDate RangeDetails
McKesson Corporation President and Chief Operating Officer Aug 2018 – Mar 2019 Preceded his promotion to CEO.
McKesson Europe AG Chairman of the Management Board 2017 – 2018 Leadership role in European operations.
McKesson Corporation President and COO of McKesson Europe 2016 – 2017 Oversaw European business unit.
McKesson Corporation President of North American Pharmaceutical Distribution and Services 2015 – 2016 Directed U.S. pharmaceutical distribution operations.
McKesson Corporation Executive Vice President, Corporate Strategy and Business Development 2012 – 2015 Focused on corporate strategy initiatives.
McKesson Corporation President of U.S. Pharmaceutical N/A [N/A]Role details not dated.
McKesson Corporation President of McKesson Medical-Surgical N/A [N/A]Role details not dated.
McKesson Corporation President of McKesson Specialty Health N/A [N/A]Role details not dated.

External Roles

OrganizationRoleDate RangeDetails
Republic Services, Inc. Board of Directors N/A [N/A]Current active position outside MCK.

Fixed Compensation

Data from  FY 2024
Component NameAmountPayment ScheduleAdditional Details
Base Salary$1,500,000 Annual (2024)Fixed base salary for FY2024
401(k) Plan Match$13,200 Annual (2024)Matching contribution as per plan guidelines
Nonqualified Deferred Compensation Plan Match$412,638 Annual (2024)Deferred compensation match for FY2024
Financial Counseling Services$19,598 Annual (2024)Service benefit component for FY2024
Executive Officer Security Policy$327,964 Annual (2024)Security policy benefit included in fixed compensation
Other Perquisites and Severance Benefits$79,325 Annual (2024)Additional fixed benefits provided for FY2024

Performance Compensation

Data from  FY 2024

Annual Cash Incentive (MIP)

MetricWeightTargetResultPayout Contribution
Adjusted EPS50% $27.44 122% Contributes ~61% of overall MIP payout
Adjusted Operating Profit25% $4,901M 111% Contributes ~27.75% of overall MIP payout
Free Cash Flow25% $3,627M 100% Contributes 25% of overall MIP payout
  • Eligible Earnings: $1,490,000
  • MIP Target (% of Salary): 185%
  • MIP Target Award: $2,756,500
  • MIP Payout Earned: 114% of target, resulting in $3,142,410
  • Vesting: No vesting; this is an annual cash incentive paid after fiscal year-end

Performance Stock Units (PSUs)

MetricWeightTarget/ValueAdditional Information
Cumulative Adjusted EPS50% $79.17 (FY2022-FY2024) Performance benchmark over the period
Average ROIC25% 17.54% (FY2022-FY2024) Reflects operational performance
Total Shareholder Return (TSR)25% Relative position at 100th percentile Market-based measure including reinvested dividends
  • PSU Payout: 200% of target awards
  • Grant Date: May 23, 2023
  • Grant Date Fair Value: $8,100,237
  • Grant Date Stock Price: $393.14 per unit
  • PSU Target Awards: 19,084 units
  • Vesting Schedule: Three-year performance period; vests in May 2026

Value of Stock Vesting upon Involuntary Termination in Connection with a Change in Control

MetricValueAdditional Details
Value of Stock Vesting$78,332,319 Triggered upon involuntary termination in connection with a Change in Control
Threshold Shares9,542 Represents 50% of target PSU awards
Target Shares19,084 Target number of PSU awards
Maximum Shares38,168 200% of target; Market value at closing price of $536.85 equals $20,487,122
Vesting ScheduleAccelerated upon Change in Control Originally scheduled to vest in May 2026 but accelerated if a Change in Control occurs