Log In | Register
— Retired Aetna chairman and CEO Ronald Williams exercised stock options valued at more than $50 million during his last year leading the health insurance company.
The 61-year-old Williams also received a 2010 compensation package valued at more than $18 million. He retires with a pension valued at more than $9 million and a consulting job that pays $20,000 per month until next February.
Williams joined Aetna in March 2001 and retired as CEO last November. He stepped down as chairman earlier this month.
Mark Bertolini replaced him in both jobs and received compensation valued at $8.8 million last year.
The AP's compensation calculation counts salary, bonuses, perks, stock and options awarded to the executive during the year. The money he got by exercising stock options was in addition to that.
