Compensation for three top leaders at UnitedHealth Group totaled nearly $50 million in 2019, according to a proxy filing with the Securities and Exchange Commission.
Here are three things to know about the executive pay of the healthcare giant's top leaders:
1. CEO David Wichmann's salary was $1.4 million in 2019, up from $1.3 million a year prior. Including stock awards and bonuses, Mr. Wichman's 2019 compensation totaled $18.9 million in 2019, up from $18.1 million a year before.
2. Optum President and CEO Sir Andrew Witty's salary was $1.1 million in 2019, up from $613,000 a year prior. Including stock awards and bonuses, Sir Witty's compensation totaled $16.5 million in 2019, down from $21.2 million a year before. He is currently taking a leave of absence to help lead the World Health Organization's COVID-19 vaccine initiative.
3. The salary of former Executive Vice President and CEO of UnitedHealthcare Steven Nelson was $773,000 in 2019, down from $985,000 a year prior. Including stock awards and bonuses, Mr. Nelson's compensation totaled $14.1 million in 2019, up from $9.8 million a year prior. He retired in June 2019.
More articles on compensation:
Tenet CEO's pay grew nearly $10M in 2019, mostly thanks to stocks
Geisinger execs will donate $250K per month to employee support fund
WVU Medicine CEO, vice presidents take 10% salary cuts