UnitedHealth probed by DoJ for potential Medicare fraud
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UnitedHealth Group, Andrew Witty and CEO
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UnitedHealth Group announced a dramatic shakeup, with former CEO and current chairman Stephen Hemsley stepping back into the top job following the abrupt resignation of Andrew Witty. Witty, who led UnitedHealth since 2021,
Stephen Hemsley hasn’t been CEO at UnitedHealth Group in nearly a decade yet he’s never really left. Hemsley, 72, has remained chairman and a major shareholder in the health care behemoth — and now is back in the CEO
The executive earlier caused public outrage when he defended the insurance giant’s practice of denying health care claims.
2don MSN
UnitedHealth Group CEO Andrew Witty is stepping down from his post for personal reasons and the health care giant says it’s suspending its full-year forecast.
UnitedHealth Group Chairman Stephen Hemsley is returning to helm the health care conglomerate once again. He will replace Andrew Witty effective immediately.
UnitedHealth Group suspended its annual forecast on Tuesday and said CEO Andrew Witty has decided to step down for personal reasons, effective immediately. Shares of the company fell 3.6% to $365.10 in premarket trading.