Aetna Chief Made $40.2 Million In 2007

There are 54 comments on the Hartford Courant story from Apr 21, 2008, titled Aetna Chief Made $40.2 Million In 2007. In it, Hartford Courant reports that:

Aetna 's progress and stock performance last year propelled compensation for Chief Executive Ronald A. Williams to $40.2 million, and he also received stock rights that may be worth an additional $10.8 million ...

Join the discussion below, or Read more at Hartford Courant.

First Prev
of 3
Next Last
Joe

United States

#1 Apr 22, 2008
I hope he chokes on it what a SCUM bag.
dan

Portland, CT

#2 Apr 22, 2008
Yep GREED while we pay Higher prices. Is there something wrong with this picture. It's time for us to stand up and fight. Bring on the Revolution.
working stiff

Overland Park, KS

#3 Apr 22, 2008
And what makes this guy, like every other CEO, worth this obscene amount of money? Oh yeah, denying coverage to as many customers as possible.
jealous people

Wethersfield, CT

#4 Apr 22, 2008
Maybe if you all went to college, worked hard, and took advantage of every opportunity that you were given, you too could have a high paying job in corporate America. I know it's much easier for you to play the victim though...
Mike

United States

#5 Apr 22, 2008
I wonder how much more affordable health insurance would be if they werent paying these guys 40+ million per year. Wouldnt 1 million per year be enough.

We really need to remove the greed from the health insurance industry
Daniel Shays

Hartford, CT

#6 Apr 22, 2008
Mike wrote:
I wonder how much more affordable health insurance would be if they werent paying these guys 40+ million per year. Wouldnt 1 million per year be enough.
We really need to remove the greed from the health insurance industry
These are privately run companies. Why should you get to decide?
Mike

United States

#7 Apr 22, 2008
jealous people wrote:
Maybe if you all went to college, worked hard, and took advantage of every opportunity that you were given, you too could have a high paying job in corporate America. I know it's much easier for you to play the victim though...
Oh don't give us that BS. I'm sure those who have posted so far have gone to college. Not everyone can be the CEO. There is only room for one per company. Some of us have to perform the actual work that the company does for the company to exist. There is just no reason to justify that these CEOs make as much as they do.
Joe

United States

#8 Apr 22, 2008
jealous people wrote:
Maybe if you all went to college, worked hard, and took advantage of every opportunity that you were given, you too could have a high paying job in corporate America. I know it's much easier for you to play the victim though...
Who are you a greedy CEO?????
I went to college and I only make 50 grand a year.
Daniel Shays

Hartford, CT

#9 Apr 22, 2008
Mike wrote:
<quoted text>
Oh don't give us that BS. I'm sure those who have posted so far have gone to college. Not everyone can be the CEO. There is only room for one per company. Some of us have to perform the actual work that the company does for the company to exist. There is just no reason to justify that these CEOs make as much as they do.
So go work somewhere else. Either way, the stockholders own the company, not you. You don't get to decide.
13yearcit

Hartford, CT

#10 Apr 22, 2008
Hmmm..... I'm actually wondering how many people died last year because Aetna wouldn't pay their claims for say cancer treatment while the CEO takes home a whopping $40 mil plus.

Dirty money if you ask me.
Mike

United States

#11 Apr 22, 2008
Daniel Shays wrote:
<quoted text>
These are privately run companies. Why should you get to decide?
Well then as a consumer maybe I want a choice then of a publicly run plan where what I pay in goes to providing service not lining some CEO's pocket. People like you would never let that happen because then everyone would choose to participate in the public non-profit plan.
Mike

United States

#12 Apr 22, 2008
Daniel Shays wrote:
<quoted text>
So go work somewhere else. Either way, the stockholders own the company, not you. You don't get to decide.
Where is this somewhere else; this place where the common folk have any say or rights? It doesn't exist. This country is completely controlled by the few dozen people who's net worth is in the billions.

Of course the board aproves the CEO's pay because they are in on it. What about all the stock held by the common person through 401ks IRAs, pensions and employee stock purchase plans, I bet all those stockholders would vote down the CEO's salary. But they don't get a say.
Heather of Collinsville

Quincy, MA

#13 Apr 22, 2008
My first response to this headline was "Unbelievable! No one should make that much money." However, after reading the article, it seems that the bulk of his earnings are tied to whether the company is successful. If we were discussing smaller numbers, I would think the compensation package was appropriate and based on merit largely.

My only issue is that $42 million is an awful lot of money for one person to earn. But we don't live in a communist system that limits what one person can earn, and this company is owned by it's share holders. They have decided to establish this compensation plan, and I don't think we really have a say in it.

Do CEO's get paid too much? Yes. What can we do?

(I don't mean that as an apathetic rhetorical statement. I mean, seriously, what can we do?)
Heather of Collinsville

Quincy, MA

#14 Apr 22, 2008
Mike wrote:
<quoted text>
Oh don't give us that BS. I'm sure those who have posted so far have gone to college. Not everyone can be the CEO. There is only room for one per company. Some of us have to perform the actual work that the company does for the company to exist. There is just no reason to justify that these CEOs make as much as they do.
Not everybody wants to be the CEO either. I love my job. I get to help people in a one on one setting and develop lasting relationships with my clients. I get to make a positive impact in my clients lives.

My CEO is a very good man, and he works very hard. I wouldn't want his job for all the tea in China or even all the strawberries (yum) in the field. He can stick to the big picture. I prefer focusing on the individuals, which is what he pays me to do.
Mike

United States

#15 Apr 22, 2008
Daniel Shays wrote:
<quoted text>
So go work somewhere else. Either way, the stockholders own the company, not you. You don't get to decide.
That is still not a real answer as to why the deserve it. Without all the employees doing the everday work the company is nothing. Why is this one worth so much. I would agree he is worth more but not as much more as he is being compensated.
Jeff H

New Britain, CT

#18 Apr 22, 2008
Mike wrote:
<quoted text>
Oh don't give us that BS. I'm sure those who have posted so far have gone to college. Not everyone can be the CEO. There is only room for one per company. Some of us have to perform the actual work that the company does for the company to exist. There is just no reason to justify that these CEOs make as much as they do.
Yes there is. They have climbed to the top of the pile. It's their butts on the line. hey are the equivalent of Jeter in baseball, and any capitalist knws they should getas much as they can while they are worth that much.
If they weren't worth it, why would they earn (read that again, I said EARN) so much with the approval of the stockholders.
Daniel Shays

Hartford, CT

#19 Apr 22, 2008
Mike wrote:
<quoted text>
Well then as a consumer maybe I want a choice then of a publicly run plan where what I pay in goes to providing service not lining some CEO's pocket.
Fine, but that wasn't your point. Your point was that you should get a say in how a private company runs itself.
Daniel Shays

Hartford, CT

#20 Apr 22, 2008
Mike wrote:
<quoted text>
Where is this somewhere else; this place where the common folk have any say or rights? It doesn't exist. This country is completely controlled by the few dozen people who's net worth is in the billions.
Of course the board aproves the CEO's pay because they are in on it. What about all the stock held by the common person through 401ks IRAs, pensions and employee stock purchase plans, I bet all those stockholders would vote down the CEO's salary. But they don't get a say.
Corporations aren't democracies. Not everyone gets a say. Don't like it? Move to Canada or Europe. Competition isn't for everyone. But I don't want my right to succeed infringed upon by people who can't make it on their own.
Heather of Collinsville

Quincy, MA

#21 Apr 22, 2008
Mike wrote:
<quoted text>
Where is this somewhere else; this place where the common folk have any say or rights? It doesn't exist. This country is completely controlled by the few dozen people who's net worth is in the billions.
Of course the board aproves the CEO's pay because they are in on it. What about all the stock held by the common person through 401ks IRAs, pensions and employee stock purchase plans, I bet all those stockholders would vote down the CEO's salary. But they don't get a say.
Pardon me for being nosy, but do you have stock in any company?

If so, you should know that stock holders do have a vote on some issues. Personally, I've never been brought in to vote on a salary issue, but I have voted on electing board members and CEO choices.

(I posted a comment earlier on this issue, but it seems to have disappeared. I'm not sure why as it wasn't rude of offensive.)
anon

Hartford, CT

#22 Apr 22, 2008
Daniel Shays wrote:
<quoted text>
These are privately run companies. Why should you get to decide?
Privately run companies offering many of us our health insurance, at ridiculously high rates, with barely acceptable coverage.

Everyone who reads this article KNOWS that NO ONE is worth this much money when the goods they are offering the public are so high priced. Anyone who thinks these CEOs are worth these salaries is not being honest.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker
First Prev
of 3
Next Last

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Aetna Discussions

Title Updated Last By Comments
News Department of Defense awards Humana Military ne... (May '09) Oct '14 Leachmark707 9
News Court rules against Notre Dame over birth control (Feb '14) Feb '14 Wondow discount 1
Substance abuse (Feb '14) Feb '14 Confused 2
News Aetna Helps Members Fight Prescription Drug Abuse (Jan '14) Jan '14 humanSpirit 1
News Many insured SC residents must buy new health plan (Oct '13) Oct '13 fitnesstips 1
Company denial for daughter (Oct '13) Oct '13 Jon 1
News Insurers warn of overhaul-induced sticker shock (Mar '13) Aug '13 sheepleloveroyalty 11
More from around the web