UnitedHealth CEO under pressure to resign: $1.6 billion options

October 14, 2006

show me the money

CHICAGO (Reuters) – The chief executive of health insurer UnitedHealth Group Inc. (NYSE:UNHnews), which has been criticized for its stock options accounting for top executives, is under pressure from board members to resign, the Wall Street Journal reported on Saturday.

The fate of William McGuire, whose options are worth about $1.6 billion, may be decided at a Sunday board meeting, the paper said. more

My options are worth -$1500 (that is 1500 under water)


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: