Sundar PichaiSundar Pichai earned $164M in 2023

David S. Wichmann was the CEO of UnitedHealth Group from 2017 until 2021. Before that, he held several roles in the company, including President and Chief Financial Officer. He joined UnitedHealth in 1998 and built his career there, helping the...

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David S. Wichmann

Ex-CEO of UnitedHealth Group

Education

B.A. from the University of Minnesota

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Healthcare

Born

November 1, 1963 - 61 years ago

CEO of UnitedHealth Group for

3 years 5 months (Sep 2017 - Feb 2021)

Previous Experience

Chief Financial Officer at UnitedHealth Group

Holdings

See how much did David S. Wichmann make over time.

As of 2020, David Wichmann held just under a million shares in UnitedHealth Group, translating to over $35 million. Throughout his tenure, his stock holdings showed his strong commitment to the company’s growth. Interestingly, his wealth in company shares peaked...

Mar 11, 2025

Total Stock Sold

$69.19M

UNH

$69.19M

1,308,000 UNH shares

What if they kept their stock?

If David S. Wichmann didn't sell their stock, today they would have:
Extra UNH1,308,000 shares worth $345.48M.
This is 399.32% and $276.29M more than what they got when they sold the stock.

Charitable Transactions

UNH

24,000 shares

UNH

Recent Charitable Transactions

UNH

24,000 shares

UNH

Dec 21, 2017

Charity

Insider Trading

See recent insider trades of David S. Wichmann.

PRVA

11,124 shares

PRVA

May 22, 2024

Received

PRVA

6,189 shares

PRVA

Aug 1, 2023

Received

UNH

113.465 shares

UNH

Dec 15, 2020

Received

UNH

130.419 shares

UNH

Sep 22, 2020

Received

UNH

134.941 shares

UNH

Jun 30, 2020

Received

UNH

155.686 shares

UNH

Mar 24, 2020

Received

UNH

61,039 shares

UNH

Feb 13, 2020

Received

UNH

123.954 shares

UNH

Dec 17, 2019

Received

Compensation History

See how much did David S. Wichmann make over time.

Wichmann's compensation varied significantly during his time at UnitedHealth Group. In 2021, he was compensated a total of about $11.2 million, primarily from a severance deal following his retirement. The previous year, in 2020, his total pay reached approximately $17.9 million, showcasing his performance-based incentives. He did not receive any stock or option grants in 2021, which made his severance significant. Holding critical positions in the company before becoming CEO allowed him to set the stage for this high-end compensation, reflecting his contributions during key moments in UnitedHealth’s journey. His pay primarily revolved around company performance metrics, aligning his interests with the company’s goals.

Year

2021

Total Compensation

$11.22M

Salary

$393.08K

Board Justification

The compensation philosophy aims to attract and retain highly qualified executives while linking executive compensation directly to Company performance and long-term shareholder interests.

Bonus

$0.00

Board Justification

Mr. Wichmann did not receive an annual cash incentive award in 2021.

Other

$10.83M

Board Justification

This amount reflects the severance compensation payable to Mr. Wichmann following his departure from the Company in February 2021, as per his employment agreement.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were granted to Mr. Wichmann in 2021.

Performance Metrics

The performance metrics for determining the compensation include overall company performance and individual contributions, with a focus on achieving enterprise-wide goals.