It looks as though UnitedHealth and its chairman, William McGuire, is worried. They have been the featured story in both yesterday's and today's Wall Street Journal and the articles have not been favorable. In March they were also the subject of an article questioning the timing of stock options.
Today's story reports that McGuire has recommended to his board that the company suspend many forms of its compensation to senior executives. Among the compensation forms he would like to suspend or cap: stock options, change of control payments, supplemental retirement benefits and other perquisites such as financial-planning services.
Perhaps McGuire's recommendations may be considered by other companies, or at least those companies cited in the March Journal article.
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