UnitedHealth Group's Stephen Hemsley - CEO Compensation

Tools

Stephen Hemsley - UnitedHealth Group

Total Compensation: $3,241,042

Details: An $895 million class-action lawsuit over stock-option back dating aside, Hemsley still manages to make the cut for this list at No. 10. The UHG CEO's base salary was $1.3 million in 2008, to go along with a non-equity incentive plan compensation worth just over $1.8 million and "other compensation" amounting to slightly more than $119,000. 

Hemsley's other compensation was a combination of the company matching his contributions under the 401(k) plan and the company matching contributions under his executive savings plan. According to the SEC, "in May 2006, the amount of Hemsley's supplemental retirement benefit was frozen based on his current age and average base salary and converted into a lump sum of $10,703,229." Because of this, "there was no increase in the benefit payable to Mr. Hemsley under his supplemental retirement benefit" in 2008. 

Related Articles:
UnitedHealth financial troubles mount
UnitedHealth to pay $12M to settle complaints
UnitedHealth settles SEC charges, no fines involved