COVID Stimulus Watch Individual Entry
Recipient Company:
AmerisourceBergen Corp
Loan or Loan Guarantee Amount:
$1,103,284
Recipient Details
Ownership Structure: publicly traded (ticker symbol ABC)
Award Details
Award Date: Oct 26, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: AmerisourceBergen
Headquartered in: Pennsylvania
Parent Sector: wholesalers
Parent Industry: wholesalers-pharmaceuticals
Employees (prior to pandemic): 22,000
Accountability Issues Since 2010
Employment-related Penalties: $140,549
Government-contracting-related Penalties: $638,400,000
Environmental / Healthcare / Safety Penalties: $6,786,046,545
Ratio of CEO Pay to that of Median Worker: 208 to 1
CEO Compensation: $11,309,930
Worker Median Pay: $54,472
Total Federal, State, and Local Subsidies: $8,858,220
Federal Corporate Income Tax Rate: 4.0%
Violation Tracker
Employment Issues