Medicare Fraud, UnitedHealth Group
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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,
The executive earlier caused public outrage when he defended the insurance giant’s practice of denying health care claims.
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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.
Andrew Witty, UnitedHealth Group CEO, abruptly resigned today, six months after UnitedHealthcare CEO Brian Thompson was shot and killed in Manhattan by Luigi Mangione, which sparked a national uproar over health care in America.
UnitedHealth Group announced that CEO Andrew Witty is stepping down due to 'personal reasons,' Stephen Hemsley will replace him.
British boss of US healthcare giant UnitedHealth quits for ‘personal reasons’ - The move comes five months after one of the company’s top executives was killed after being shot as he walked to an investor conference in New York.
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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 suite and is expected to reinstate his brand of operational and financial discipline that turbocharged the company’s growth.
UnitedHealth shares fell 22% on April 17, wiping out about $119 billion of market value, after the insurer cut its 2025 forecast.
May 13 (UPI) -- UnitedHealth Group announced Tuesday CEO Andrew Witty will step down, citing "personal reasons." Witty will leave the role of CEO and be replaced by Stephen J. Hemsley, effective immediately.
Witty will act as a senior advisor to his successor, Stephen Hemsley, who served as UnitedHealth Group's CEO from 2006 to 2017.
A group of investors this week filed a proposed class-action lawsuit against UnitedHealth Group, alleging that the company withheld information following the murder of UnitedHealthcare CEO Brian Thompson last December.