McKesson Corp
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Health Care : Health Care Providers & Services | Large Cap ValueCompany profile

McKesson Corporation is a healthcare supply chain management solutions, retail pharmacy, community oncology and specialty care, and healthcare information technology company. The Company provides medicines, medical products and healthcare services by partnering with pharmaceutical manufacturers, providers, pharmacies, governments and other organizations in healthcare. It operates through two segments: McKesson Distribution Solutions and McKesson Technology Solutions. The distribution solutions segment distributes branded and generic pharmaceutical drugs and other healthcare-related products internationally and provides practice management, technology, clinical support and business solutions to community-based oncology and other specialty practices. Technology Solutions segment provides software and analytics, network solutions and technology-enabled services.

Closing Price
$126.31
Day's Change
1.92 (1.54%)
Bid
--
Ask
--
B/A Size
--
Day's High
127.33
Day's Low
125.01
Volume
(Below Average)
Volume:
1,276,754

10-day average volume:
1,501,072
1,276,754

GE Announces Plan for Auditor Tender Process

8:30 am ET December 14, 2018 (BusinessWire) Print

GE announced that the Audit Committee of its Board of Directors will move forward with a tender process for the appointment as GE's independent audit firm. The effective date for the audit firm appointment following that process will be based on the progress toward completing the Company's previously announced portfolio actions. The Audit Committee has determined to reappoint KPMG LLP (KPMG) as GE's auditor for 2019.

The announcement follows the annual auditor ratification vote at GE's shareowner meeting in April2018, which was significantly lower than prior years with approximately 65% of the votes cast in favor of ratifying KPMG's appointment as GE's auditor for 2018. Since the ratification vote, the Audit Committee has sought feedback from GE shareowners and considered a range of options in response.

GE Audit Committee Chairman Geoff Beattie said, "The plan announced today is responsive to our shareowners and balances the competing considerations about undertaking an audit firm rotation amidst the portfolio and other strategic actions that the Company is currently executing."

The Audit Committee plans to provide additional details about its deliberations and the response to the 2018 auditor ratification vote in the Company's proxy statement that will be filed in March 2019.

AboutGE

GE (NYSE:GE) drives the world forward by tackling its biggest challenges. By combining world-class engineering with software and analytics, GE helps the world work more efficiently, reliably, and safely. For more than 125 years, GE has invented the future of industry, and today it leads new paradigms in additive manufacturing, materials science, and data analytics. GE people are global, diverse and dedicated, operating with the highest integrity and passion to fulfill GE's mission and deliver for our customers. www.ge.com

http://cts.businesswire.com/ct/CT?id=bwnews&sty=20181214005223r1&sid=cmtx6&distro=nx&lang=en

View source version on businesswire.com: https://www.businesswire.com/news/home/20181214005223/en/

SOURCE: GE

GE Investor Contact:Todd Ernst, 617.443.3400todd.b.ernst@ge.comGE Media Contact:Jennifer Erickson, 646.682.5620jennifer.erickson@ge.com

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