Stephen Hemsley who turns 73 in June, will get a base salary of $1 million a year—big money but actually below the usual salary for CEOs of such large companies. More important, he would get a one-time $60 million grant of stock options, with a twist: He would get the payoff only if he remains CEO for three years. He would get no other stock-based awards in that period.
“OK, Hemsley, we know you’re afraid of a fatal dose of high velocity lead poisoning. We all were. But that has passed, so get your ass in gear, suck it up, and get back to denying claims. It’s your fiduciary duty.”
I wonder if he’ll be able to collect in three years, or if something unexpected will come up.
I just don’t understand having as much money as I imagine he has and being that old and still wanting to work…or be attached to something requiring any sort of work.
It’s probably best you don’t understand that. Else you’d be a greed monster.
It could be fear. Work is an identity for some people, and not having that means big change, some are afraid of change.
Won’t need the money then
Hazard pay.
Actually far less hazardous than a Circle K worker. And less beneficial to society. Should get paid the same as them.
CEO is a bullshit job
Luigi time!
Here we go again!
