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Ethics

: Ethisphere Blog - Good. Smart. Business. Profit.

Former United Health CEO to Forfeit $620 Million

By admin

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williammcguire.jpgWilliam McGuire, former CEO of United Health, agreed to give back about $620 million to resolve a government investigation into whether or not he illegally backdated millions of stock options. Sure, this is a hefty sum, but the blow is softened when considering McGuire still floated home with a billion dollar golden parachute, even after an internal investigation decided he was probably (more…)

Full post as published by Ethisphere Blog - Good. Smart. Business. Profit. on December 10, 2007 (boomark / email).

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