Healthcare Plans · Healthcare
Dirk McMahon
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Unitedhealth Group Inc reported in an 8-K filed February 7, 2024 that Dirk McMahon retired as President and Chief Operating Officer, effective April 1, 2024. The proxy statement of Unitedhealth Group Inc reports total compensation of $14,643,488 for Dirk McMahon in fiscal 2021, including a base salary of $1,161,539. Disclosed compensation is on record for 3 fiscal years. Dirk McMahon has spoken on 14 earnings calls across 1 company, most recently for Unitedhealth Group Inc on January 12, 2024. Unitedhealth Group Inc is classified in the Healthcare Plans industry within the Healthcare sector. Other leadership on record at Unitedhealth Group Inc includes Patrick Conway (CEO), Sir Andrew P. Witty (CEO and Board Member), Steve Hemsley (CEO) and 7 others.
“On February 6, 2024, Dirk McMahon (age 64), President and Chief Operating Officer of UnitedHealth Group Incorporated (the "Company"), notified the Company of his decision to retire, effective April 1, 2024.”
Dirk McMahon on recent calls
“Our growth is rooted in innovation and our intense desire always to do better. We're investing heavily in ways to accomplish that, increasing digital engagement and using AI to be more efficient, and then measuring our performance through net promoter scores to be sure we're hitting the mark.”
“I recently hosted UnitedHealthcare's National Accounts Forum, where we bring together client leaders twice a year to share ideas and gather feedback. These are some of the biggest and most sophisticated companies in America that collectively employ and sponsor coverage for millions of people.”
“Making high-quality care more affordable and more accessible is what we do. So it is great to see people getting the care they need, especially as our teams are working to build more capacity in our benefit networks and care delivery resources to accommodate consumers' evolving needs.”
“Picking up on redeterminations, for many months, we have been preparing to help people when this activity resumes as it now has in over 20 states. We are working closely with Medicaid members to navigate eligibility guidelines and help find alternative coverage options if they are no longer Medicaid-eligible.”
“While the calendar shows we are two weeks into the New Year, our team's 2023 started many months ago; and in some cases, years ago. We have been laying the groundwork necessary to execute on our growth strategy and sustain our momentum heading into this year and beyond.”
Affiliation history
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Unitedhealth Group Inc (UNH)
Source not stated
Current
Company network
Leadership on record at Unitedhealth Group Inc
- Patrick Conway CEO
- Sir Andrew P. Witty CEO, Board Member
- Steve Hemsley CEO
- Steven H. Nelson CEO
- Stephen J. Hemsley Chairman
- John F. Rex CFO
- Tom Roos CFO
- Wayne S. DeVeydt CFO
- Dirk C. McMahon COO
- Chris Zaetta General Counsel
Executive compensation
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2021 | Unitedhealth Group Inc (UNH) | President and Chief Operating Officer | $1,161,539 | $14,643,488 |
| 2020 | Unitedhealth Group Inc (UNH) | President and Chief Operating Officer | $1,000,000 | $12,606,484 |
| 2019 | Unitedhealth Group Inc (UNH) | President and Chief Operating Officer | $896,154 | $8,966,980 |