Tuesday, May 16, 2017

UnitedHealth CEO's compensation swells in 2016 to $17.8 million

By Shelby Livingston  | April 21, 2017

UnitedHealth Group CEO Stephen Hemsley made $17.8 million in total compensation in 2016 for running the nation's largest health insurance company.

Hemsley's compensation grew by 22.4% over 2015, according to a document filed with the U.S. Securities and Exchange Commission on Friday.

His base salary totaled $1.3 million, while his bonus was roughly $1.66 million.

Hemsley also received stock and options awards with a fair value of $6.5 million and $8.7 million, respectively. But those are not yet vested.

Hemsley's actual realized 2016 compensation, taking into consideration stock vested and options exercised, totaled $33.4 million, up 66.1% over 2015.

UnitedHealth's 
2016 revenue totaled $148.6 billion, up 13.2% year over year. Net income was $7.3 billion, up 23.3% over 2015.

http://www.modernhealthcare.com/article/20170421/NEWS/170429946?utm_source=modernhealthcare&utm_medium=email&utm_content=20170421-NEWS-170429946&utm_campaign=am

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