I don't think so - Insurance industry cashing in Posted: Mar 19th, 2019 - 8:00 pm In Reply to: Most of the increased cost of everything now from student - loans to health care is BECAUSE
Stephen Hemsley, UnitedHealth Group Inc. executive chairman
Total compensation: $26,975,932 for the year ended Dec. 31, 2017
Salary: $1,206,538
Nonequity incentive pay: $5,745,600
Other compensation: $170,481
Exercised stock options: $0
Value realized on vesting shares: $19,853,313
New stock options: 96,706
Total 2017 shareholder return: 39.8 percent
CEO pay ratio: 298:1
Median employee pay: $58,378
Note: Hemsley retired as CEO on Sept. 1, 2017, and assumed the role of executive chairman. Hemsley took over the CEO role in 2006.
Few CEOs in the country have overseen as much growth as that of the Minnetonka-based health care company under Hemsley’s tenure. In 2006 United’s total revenue was $70.7 billion, and last year the company recorded revenue of $200.1 billion and earned a record $10.5 billion in net income. The shares of UnitedHealth have had a total return of 360 percent while he has been CEO, compared with the S&P 500’s 77 percent.
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