Mr. Witty’s total compensation increased $2.6 million from 2022, according to documents the company filed with the SEC April 22.
CFO John Rex and COO Dirk McMahon were paid identical compensation in 2023. Mr. McMahon retired in April.
The company’s CEO-to-median-employee pay ratio was 352:1 in 2023.
Here were UnitedHealth Group’s top-paid executives in 2023:
CEO Andrew Witty
Salary: $1,500,000
Stock awards: $15,000,970
Option awards: $5,000,114
Non-equity incentive plan: $1,800,000
Other compensation: $233,852
Total: $23,534,936
CFO John Rex
Salary: $1,200,000
Stock awards: $10,050,636
Option awards: $3,350,074
Non-equity incentive plan: $1,440,000
Other compensation: $33,427
Total: $16,074,137
President and COO Dirk McMahon
Salary: $1,200,000
Stock awards: $10,050,636
Option awards: $3,350,074
Non-equity incentive plan: $1,440,000
Other compensation: $33,427
Total: $16,074,137
UnitedHealthcare CEO Brian Thompson
Salary: $1,000,000
Stock awards: $6,000,585
Option awards: $2,000,126
Non-equity incentive plan compensation: $1,200,000
Other compensation: $21,187
Total: $10,221,898
Chief Legal Officer and Corporate Secretary Rupert Bondy
Salary: $875,000
Stock awards: $3,375,943
Option awards: $1,125,113
Non-equity incentive plan compensation: $708,750
Other compensation: $337,650
Total: $6,422,456
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