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4-Traders Homepage  >  News  >  Business Leaders  >  Business Leaders Biography

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Portrait de Stephen Hemsley
Age : 64
Public asset : 680,754,795 USD
Country of residence : Unknown
Linked companies : UnitedHealth Group Inc

Summary 
Mr. Stephen J. Hemsley is Executive Chairman at UnitedHealth Group, Inc.

He is on the Board of Directors at Cargill, Inc. and University of St. Thomas (Minnesota).

He received his undergraduate degree from Fordham University.


Current positions of Stephen Hemsley 
NameTitle Since
UnitedHealth Group Inc
(Managed Healthcare)
Executive Chairman 1997
Cargill, Inc. Independent Director -
University of St. Thomas (Minnesota) Trustee -


Holdings of Stephen Hemsley 
NameEquities%Valuation
UnitedHealth Group (UNH)
Managed Healthcare
3,238,2970.33%680,754,795 USD


Stephen Hemsley : Personal Network 
NameLinked companies
Timothy Patrick Flynn UnitedHealth Group Inc
University of St. Thomas (Minnesota)
Richard Anderson UnitedHealth Group Inc
Cargill, Inc.
Trudy A. Rautio Cargill, Inc.
University of St. Thomas (Minnesota)
LeighAnne G. Baker Cargill, Inc.
Arthur D. Collins Cargill, Inc.
Dick M. Kovacevich Cargill, Inc.
Louis R. Chênevert Cargill, Inc.
Bernard J. Poussot Cargill, Inc.
Marcel H. M. Smits Cargill, Inc.
David W. MacLennan Cargill, Inc.


Biography of Stephen Hemsley 
Stephen J. Hemsley (born 1952) is the Chief Executive Officer of [Group Inc].

Biography
Early life
Stephen J. Hemsley was born in 1952. He graduated from Fordham University in 1974.

Career
He was Managing Partner and Chief Financial Officer at Arthur Andersen. In 1997, he joined the UnitedHealth Group. He has served as its Chief Executive Officer since 2006.

He was more involved in the handling of backdated stock options than previously revealed, according to documents filed in a 2008 shareholder lawsuit in a Minneapolis District Court.
The company's two investigations largely exonerated him from the backdating scandal. However, the U.S. Securities and Exchange Commission(SEC) continued its investigations even after it in 2008 settled legal actions against both United Health Care itself and its former general counsel.

Business Week reports his annual salary as $1,300,000. Forbes Magazine ranks him at 296th in its 2009 Special Report on CEO Compensation. His compensation was estimated at $3,241,042 by the FierceHealthcare newsletter. According to bizjournals.com the country's highest-paid CEO, Stephen Hemsley, made $101.96 million in 2010. In 2011 he was named the highest paid CEO by Forbes following a large gain in the value of his stock ownership. In late 2011, Hemsley's most recent annual compensation was estimated by Forbes at $48.8 million.

He serves as a trustee of the University of St. Thomas, Minnesota, and as a trustee of Minnesota Public Radio. Additionally, he is a member of the National Executive Board of the Boy Scouts of America, the organization's governing body.



Source @ Wikipedia



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Stephen Hemsley : Connections 
Minnesota Life Insurance Co.
San Francisco Symphony
Federal Reserve Bank of Atlanta
The Walker Art Center
International Air Transport Association
CW Travel Holdings NV


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10/18DJUNITEDHEALTH : Core Units Gain Despite ACA Exit -- WSJ
10/17DJUNITEDHEALTH : Profit Rises Despite ACA-Related Costs -- 2nd Update
10/17DJUNITEDHEALTH : Profit Rises Despite ACA-Related Costs -- Update
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