Bibliographic Details
| Title: |
McGuire Faces Pressure to Leave At UnitedHealth. (cover story) |
| Authors: |
BANDLER, JAMES, FORELLE, CHARLES |
| Source: |
Wall Street Journal - Eastern Edition. 10/14/2006, Vol. 248 Issue 89, pA1-A2. 2p. 1 Black and White Photograph. |
| Subjects: |
McGuire, William, UnitedHealth Group Inc., Insider trading in securities, Stock options, Health insurance companies |
| Geographic Terms: |
United States |
| Abstract: |
The article reports on William McGuire, chairman of health insurance company UnitedHealth, and the growing pressure for his resignation. Board members have called for his resignation after evidence regarding backdated stock options to insiders was discovered. Several directors on UnitedHealth's board are also at risk of losing their jobs. McGuire's stock options, acquired over 15 years while running the company, are worth over $600 million. UnitedHealth is one of the largest health insurers in the United States. |
| Database: |
Newspaper Source Plus |
