UnitedHealth Group, Brian Thompson
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The executive earlier caused public outrage when he defended the insurance giant’s practice of denying health care claims.
Nearly six months after late UnitedHealthcare CEO, Brian Thompson, was fatally shot, UnitedHealth Group’s CEO, Andrew Witty, stepped down for ‘personal reasons.’
UnitedHealth Group announced that CEO Andrew Witty is stepping down due to 'personal reasons,' Stephen Hemsley will replace him.
Andrew Witty's exit comes only a few weeks after UnitedHealth cut its annual forecast and reported its first earnings miss since the 2008 financial crisis, marking a major setback under Witty's leadership.
The health care conglomerate is facing mounting financial problems – and ongoing consumer anger over high costs and denied claims.
UnitedHealth CEO Andrew Witty is stepping down for personal reasons and the nation's largest health insurer suspended its full-year financial outlook due to higher-than-expected medical costs. Video above: Luigi Mangione indicted in UnitedHealth CEO Brian Thompson death UnitedHealth cut its 2025 forecast last month following its first quarterly earnings miss in more than a decade.
UnitedHealth CEO Andrew Witty steps down citing personal reasons amid financial uncertainty due to soaring medical costs. Stephen Hemsley, former CEO, returns to lead the company. UnitedHealth shares dipped following a corporate crisis and a high-profile murder case involving executive Brian Thompson.