McKesson adds Medtronic exec as independent director: 4 takeaways

McKesson Corp. selected Brad Lerman to serve as an independent director on its board, effective April 24.

Here are four takeaways:

1. Mr. Lerman is senior vice president, general counsel and corporate secretary for Medtronic.

2. He previously served as executive vice president, general counsel and corporate secretary for the Federal National Mortgage Association.

3. He also served as a federal prosecutor for the U.S. Department of Justice.

4. McKesson's board now includes nine directors, eight of whom are independent.