Thursday, August 6, 2009
Sick for Profits
More at: Sick for Profit
Some added data from Forbes magazine:
If you total the compensation of the top five executives at UnitedHealthcare for the years from 2006 to 2008, it is almost $1 billion dollars with over $700 million going to CEO Stephen Hemsley
And if that isn't enough to piss you off, at the end of 2006, it was announced that William McGuire would step down as CEO of UnitedHealth Group due to his involvement in the employee stock options scandal. McGuire's exit compensation from UnitedHealth was around $1.1 billion.
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