United CEO, Hemsley

(Reuters) -Untedhealth Group (Nobody) CEO Stephen Hemsley will get an annual base salary of $ 1 million and a single capital of $ 60 million, as he returns to the first role in a difficult time for the health conglomerate.

Hemsley, 72, had run the company for more than a decade until 2017, and is collecting the reins after a series of mishap for Unitedhealth, including a cyber attack, federal research, increasing medical expenses and the murder of a maximum executive.

You will also receive executive security benefits, a presentation was presented on Wednesday.

UnitedHealth on Tuesday announced the sudden departure of the former -Chief Executive Officer Andrew Witty and suspended his annual forecast due to the increasing medical costs, sending his shares by almost 18% during the day.

The company did not reveal any details about Witty’s exit package at Wednesday’s presentation.

Hemsley, often accredited to create the key growth engine of UnitedHealth Optum, will continue to serve as chairman of the board and stop receiving compensation as director. Nor will you get an annual cash incentive prize.

The $ 60 million capital prize is found only in unskilled shares options that will be counted after three years, without additional annual equity awards during the first three years of its work.

(Report by Sriparna Roy in Bengaluru; Edition of Devika Syamnh