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William McGuire (born 1948) [1] is an American healthcare executive best known for his tenure as chairman and chief executive officer of UnitedHealth Group from 1991 until his resignation in 2006, while under investigation for securities fraud, for which he would later settle out of court.
He was replaced by CEO Stephen Hemsley who had served as president and COO and a member of the board of directors. McGuire's exit compensation from UnitedHealth was anticipated to be $1.1 billion, [ 26 ] but he only received $618 million after returning $420 million in stock options.
Stephen J. Hemsley (born 1952) is chair of the board and former chief executive officer of UnitedHealth Group Inc.In August 2017, UnitedHealth announced that Hemsley would be stepping down after more than a decade as CEO and starting a newly created role of executive chairman of the board.
As a result, the stock was trading down 5% at 11:44 a.m. ET. Other health insurance stocks , including Cigna and CVS Health , were down on the news as well. A pharmacist prepares a prescription.
Some health insurance companies are removing executive bios from their websites. The deletions came after the fatal shooting of UnitedHealthcare CEO Brian Thompson.
The killing of a health care executive kicked off a firestorm of anger at a troubled system. The CEO of UnitedHealth responds to the concerns. UnitedHealth CEO: 'We understand people’s ...
On 6 December 2024, in the aftermath of the murder of former CEO of UnitedHealth Group’s child company UnitedHealthcare Brian Thompson, [31] a video was leaked in which Witty stated, "Our role is a critical role, and we make sure that care is safe, appropriate, and is delivered when people need it" and that the insurer will continue to prevent "unnecessary care" and advised that people ...
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