UnitedHealth CEO's compensation swells in 2016 to $17.8 million
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UnitedHealth Group CEO Stephen Hemsley made $17.8 million in total compensation in 2016 for running the nation's largest health insurance company.
Hemsley's compensation grew by 22.4% over 2015, according to a document filed with the U.S. Securities and Exchange Commission on Friday.
His base salary totaled $1.3 million, while his bonus was roughly $1.66 million.
Hemsley also received stock and options awards with a fair value of $6.5 million and $8.7 million, respectively. But those are not yet vested.
Hemsley's actual realized 2016 compensation, taking into consideration stock vested and options exercised, totaled $33.4 million, up 66.1% over 2015.
UnitedHealth's 2016 revenue totaled $184.8 billion, up 17.6% year over year. Net income was $7.3 billion, up 23.3% over 2015.
Correction: April 27, 2017 This story has been updated to revise UnitedHealth's 2016 revenue.
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