June 18, 2021
UnitedHealth Group Headquarters

UnitedHealth Group Board of Directors Compensation, and Salary

UnitedHealth Group is one of the largest for-profit managed health care companies in the world. The company is headquartered in Minnetonka, Minnesota, United States. The company is listed on the New York Stock Exchange with stock name UNH. The company is lead by CEO of UnitedHealth Group Mr. David S. Wichmann since September 2017. There are several subsidiary companies under this group, such as Optum, Amil Particpacoes SA, Oxford Health Plans LLC, Golden Rule Insurance Company, HealthSCOPE Benefits Inc., and more.

In 2018, the CEO of UnitedHealth Group was paid US$18 million for his services to the company in various positions. Several other executives at the company made handsome money for their service. Let’s see compensation, salary and stock rewards for board of directors and executives of UnitedHealth Group.

UnitedHealth Group Headquarters
UnitedHealth Group Headquarters

UnitedHealth Group Directors Compensation and Stock Rewards 2018

William C. Ballard, Jr. – CFO and Executive Vice President of Humana Inc.

This board member earned US$325,395 as a total compensation including paid in cash US$131,484, stock rewards US$175,331 and all other compensation US$18,490.

Richard T. Burke – Co-Founder of UnitedHealth Group

This board member earned US$406,075 as a total compensation including paid in cash US$200,000, stock rewards US$175,331, and all other compensation US$30,654.

Timothy P. Flynn – Former Chairman of KPMG International

This board member earned US$325,550 as a total compensation including paid in cash US$0, stock rewards US$300,658
and all other compensation US$24,892.

Michele J. Hooper – Managing Partner of the Director’s Council

This board member earned US$338,795 as a total compensation including paid in cash US$145,000, stock rewards US$175,331, and all other compensation US$18,374.

Rodger A. Lawson – Businessperson

This board member earned US$238,610 as a total compensation including paid in cash US$97,990, stock rewards US$118,599, and all other compensation US$22,350.

F. William McNabb III – Former CEO of Vanguard

This board member earned US$189,626 as a total compensation including paid in cash US$0, stock rewards US$189,626, and all other compensation US$0.

Valerie C. Montgomery Rice, M.D. – President at Morehouse School of Medicine

This board member earned US$318,421 as a total compensation including paid in cash US$125,000, stock rewards US$175,331, and all other compensation US$18,000.

Glenn M. Renwick – President and Chairman of Progressive Casualty Insurance Company

This board member earned US$352,715 as a total compensation including paid in cash US$0, stock rewards US$325,526
and all other compensation US$27,189.

Kenneth I. Shine, M.D. – Professor of Medicine at the Dell Medical School of the University of Texas (UT)

This board member earned US$318,421 as a total compensation including paid in cash US$125,000, stock rewards US$175,331 and all other compensation US$18,000.

Gail R. Wilensky, Ph.D. – American Health Economist

This board member earned US$338,690 as a total compensation including paid in cash US$145,000, stock rewards US$175,600, and all other compensation US$18,000.

Andrew P. Witty – Former CEO of GSK

This board member earned US$153,226 as a total compensation including paid in cash US$56,250, stock rewards US$78,976, and all other compensation US$18,000.

Related Article: Cardinal Health Board of Directors Compensation

Article last re-published on December 17, 2020.