Ex-UnitedHealth CEO McGuire to forfeit over $400 million

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Ex-UnitedHealth CEO McGuire to forfeit over $400 million

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12-07-2007, 08:37 AM

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Ex-UnitedHealth CEO McGuire to forfeit over $400 million

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Ex-UnitedHealth CEO McGuire to forfeit over $400 million

Thu Dec 6, 5:02 PM ET

NEW YORK (Reuters) - The former chief executive of UnitedHealth Group Inc (UNH.N) will forfeit more than $400 million worth of stock options and retirement benefits under a settlement following a probe into the health insurer's options practices, the company said on Thursday.

Ex-UnitedHealth CEO McGuire to forfeit over $400 million - Yahoo! News

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