UnitedHealth Group Inc (NYSE:UNH) announced Tuesday morning that its CEO, Andrew Witty, will resign for personal reasons..

Stephen Hemsley, who previously held the CEO title from 2006 to 2017, will succeed him. Hemsley will also remain chairman of UnitedHealth’s board of directors, and Witty will become senior adviser to the CEO.

The company also revealed that it would suspend its 2025 outlook, citing that care activity continued to accelerate.

UnitedHealth noted broadening to more types of benefit offerings than seen in the first quarter, and the medical costs of many Medicare Advantage beneficiaries new to UnitedHealthcare remained higher than …

Full story available on Benzinga.com

UnitedHealth Group Inc (NYSE:UNH) announced Tuesday morning that its CEO, Andrew Witty, will resign for personal reasons..

Stephen Hemsley, who previously held the CEO title from 2006 to 2017, will succeed him. Hemsley will also remain chairman of UnitedHealth’s board of directors, and Witty will become senior adviser to the CEO.

The company also revealed that it would suspend its 2025 outlook, citing that care activity continued to accelerate.

UnitedHealth noted broadening to more types of benefit offerings than seen in the first quarter, and the medical costs of many Medicare Advantage beneficiaries new to UnitedHealthcare remained higher than …

Full story available on Benzinga.com

 UnitedHealth Group Inc (NYSE:UNH) announced Tuesday morning that its CEO, Andrew Witty, will resign for personal reasons..
Stephen Hemsley, who previously held the CEO title from 2006 to 2017, will succeed him. Hemsley will also remain chairman of UnitedHealth’s board of directors, and Witty will become senior adviser to the CEO.
The company also revealed that it would suspend its 2025 outlook, citing that care activity continued to accelerate.
UnitedHealth noted broadening to more types of benefit offerings than seen in the first quarter, and the medical costs of many Medicare Advantage beneficiaries new to UnitedHealthcare remained higher than …Full story available on Benzinga.com   Read MoreEarnings, News, PT Changes, UNH, Price Target, Markets, Analyst Ratings, Trading Ideas, UNH, US91324P1021, News, Earnings, Price Target, Markets, Analyst Ratings, Trading Ideas, Benzinga Markets