US EditionHow Social Media Is Reacting to UnitedHealth Group’s CEO Exit and Stock Meltdown
- UnitedHealth Group announced on Tuesday that CEO Andrew Witty is stepping down immediately and will be replaced by board chairman Stephen Hemsley.
- This transition follows a sharp downturn in financial performance driven by rising medical costs and unfavorable policy changes, which eroded investor trust.
- The company suspended its 2025 guidance due to accelerating care activity and higher-than-expected Medicare Advantage costs, causing the stock to drop nearly 18%.
- Hemsley stated, UnitedHealth Group has “tremendous opportunities to grow” and aims to return to a 13 to 16 percent long-term growth target while improving health care.
- The CEO change and guidance suspension highlight ongoing operational and reputational challenges, but the company expects to resume growth in 2026 under Hemsley's leadership.
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How Social Media Is Reacting to UnitedHealth Group’s CEO Exit and Stock Meltdown
UnitedHealth Group announced that Andrew Witty will step down as CEO due to “personal reasons.” He is being replaced by Stephen J. Hemsley, who served as the company’s CEO from 2006 to 2017. The post How Social Media Is Reacting to UnitedHealth Group’s CEO Exit and Stock Meltdown appeared first on MedCity News.
UnitedHealth CEO Abruptly Steps Down for ‘Personal Reasons’ - The Thinking Conservative
Andrew Witty, the chief executive of UnitedHealth Group, stepped down “for personal reasons” and was effective immediately, the company announced on Tuesday. The post UnitedHealth CEO Abruptly Steps Down for ‘Personal Reasons’ appeared first on The Thinking Conservative.
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