
UnitedHealthcare's CEO, Andrew Witty, has been leading the company since 2017. He took over as CEO after Stephen Hemsley stepped down.
Andrew Witty's salary is substantial, with a reported base salary of over $2 million. He also receives a significant bonus, which can add up to millions more.
As of 2022, Andrew Witty's net worth is estimated to be around $150 million. This is a significant increase from his net worth in 2017, when he first took over as CEO.
UnitedHealthcare's financial performance has been impressive under Witty's leadership, with the company's revenue growing steadily over the years.
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UnitedHealth Group's CEO Pay
UnitedHealth Group's CEO Pay is quite the topic of discussion. UnitedHealth Group's CEO, Stephen Hemsley, received a $60 million stock option award, which is a significant portion of his compensation. He will also receive a $1 million annual salary.
The company's executive compensation package has been criticized by Institutional Shareholder Services (ISS), which advised shareholders to vote no on the proposal. ISS cited a lack of performance criteria and the fact that the stock is so beaten down, making it a potential windfall for Hemsley.
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However, Glass Lewis, another proxy advisory firm, has recommended shareholders approve Hemsley's compensation. The company's board of directors has also defended the compensation package, stating that it is necessary to incentivize Hemsley to remain CEO for a three-year term.
A significant portion of Hemsley's net worth is invested in UnitedHealth Group stock. He purchased an additional $25 million in shares after taking the CEO role, further signaling his commitment to building long-term shareholder value.
Here's a breakdown of Hemsley's compensation:
- Base salary: $1 million per year
- Stock option award: $60 million (payable after three years as CEO)
- Other compensation: $23,360 (in 2024)
These figures highlight the significant disparity between Hemsley's compensation and that of other CEOs in the industry. It's worth noting that Hemsley's compensation is tied to the company's performance, which is a key factor in determining his net worth.
CEO Salary and Net Worth
A CEO's salary and net worth are closely tied to the company's performance and market value. This can result in significant fluctuations in their net worth. For instance, UnitedHealth Group's CEO, Brian Thompson, received a combined total of $10.2 million in 2023, which ranked him among the highest healthcare executives in terms of compensation.
A CEO's wealth often comes from company stock or stock options, which can be influenced by factors such as company performance, market value, and leadership changes. In some cases, a CEO's compensation package may include a base salary, stock awards, and bonuses, as seen in Brian Thompson's pay package.
Here are the main factors that influence a CEO's net worth:
- Stock holdings & options
- Equity awards vs cash salary
- Company performance and market value
- Other personal assets and liabilities
- Compensation rules and vesting schedules
- Leadership changes
What affects a CEO's net worth?
A CEO's net worth is influenced by several key factors. These include stock holdings and options, which can make up a significant portion of their wealth.
Equity awards and cash salary have a big impact on a CEO's net worth. In fact, most of a CEO's wealth comes from equity and long-term incentives, rather than their base salary.
Stock prices can fluctuate greatly due to company performance, market value, and public trust. This can cause big changes in a CEO's net worth.
Other personal assets and liabilities, such as real estate and debt, also affect a CEO's overall net worth. And, of course, taxes play a role as well.
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Compensation rules and vesting schedules can also impact a CEO's net worth. Awards may not fully "count" until they vest.
Here are the main factors that influence a CEO's net worth:
- Stock holdings & options
- Equity awards vs cash salary
- Company performance and market value
- Other personal assets and liabilities
- Compensation rules and vesting schedules
- Leadership changes
Brian Thompson's Salary
Brian Thompson, the former CEO of UnitedHealthcare, received a significant pay package in 2023, totaling $10.2 million.
This amount comprised his base salary of $1 million, stock awards, and bonuses, making him one of the highest-paid healthcare executives in the market.
His compensation was a reflection of the company's success, as UnitedHealthcare earned $281 billion in 2023.
Thompson's pay package was not a one-time occurrence, as he also received a total compensation of $8.99 million in 2024, consisting of a base salary of $961,540, a stock award of $6 million, and other compensation of $23,360.
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Brian Thompson, Former CEO
Brian Thompson, Former CEO, received a total compensation of $8.99 million in 2024. This is based on his base salary of $961,540, stock award of $6 million, and other compensation of $23,360.

Brian Thompson's base salary was $961,540 in 2024. This is a significant amount, but it's interesting to note that his total compensation was largely driven by his stock award.
The stock award was a whopping $6 million, which is a substantial portion of his total compensation. This suggests that the company's stock performance was a major factor in his overall pay.
Brian Thompson's other compensation was $23,360 in 2024. This is a relatively small amount compared to his base salary and stock award.
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Frequently Asked Questions
How much money did Brian Thompson make?
Brian Thompson's total annual compensation was $10.2 million. This significant compensation is a result of his leadership in growing UnitedHealthcare's profits.
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