Stephen J Hemsley Net Worth is155.8 $Million
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Stephen J. Hemsley (born 1952) has been CEO of UnitedHealth Group Inc since 2006. Before joining the company in 1997, he had a career at Arthur Andersen, where he was Managing Partner and Chief Financial Officer.
He is a graduate of Fordham University (BA, 1974).
Hemsley serves as a trustee of the University of St. Thomas, Minnesota, and as a trustee of Minnesota Public Radio.
Hemsley was more involved in the handling of backdated stock options than previously revealed, according to documents filed in a 2008 shareholder lawsuit in a Minneapolis District Court. The company's two investigations largely exonerated him from the backdating scandal. However, the SEC continued its investigations even after it in 2008 settled legal actions against both United Health Care itself and its former general counsel.
Business Week reports his annual salary as $1,300,000.Forbes Magazine ranks him at 296th in its 2009 Special Report on CEO Compensation. His compensation was estimated at $3,241,042 by the FierceHealthcare newsletter. According to bizjournals.com the country's highest-paid CEO, Stephen Hemsley, made $101.96 million in 2010. In 2011 he was named the highest paid CEO by Forbes following a large gain in the value of his stock ownership. In late 2011, Hemsley's most recent annual compensation was estimated by Forbes at $48.8 million.
Birth:1952BORN

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Stephen J Hemsley Latest News

Old Options Still Haunt an Insurer

When Stephen J. Hemsley joined UnitedHealth Group after 23 years with the accounting firm Arthur Andersen, he was greeted with a grant of 400,000 stock options dated shortly after he started in June 1997. There was just one thing: the options carried a ...
Posted: October 16, 2006, 6:00 pm

UnitedHealthcare @myUHC CEO Stephen Hemsley took home $66 million in 2014, $102 million in 2010

Yes, times are good for Mr. Hemsley, who actually "earned" an even more eyewatering $102 million in 2010. The top earner in our report was UnitedHealth Group chief Stephen J. Hemsley, with $102 million in total pay. Hemsley drew $3.3 million in salary and ...
Posted: April 9, 2015, 1:10 pm

UnitedHealth CEO reaps nearly $100 million from stock options

Stephen J. Hemsley exercised 4.9 million options in February 2009 at a gain of $98.6 million, the company said in a regulatory filing. The options were awarded almost a decade earlier. After using some of the shares to pay for the transactions and cover ...
Posted: April 15, 2010, 5:00 pm
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