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.
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Soap Central on MSNWhy did Andrew Witty, UnitedHealth Group CEO step down? Drama explainedAndrew Witty, UnitedHealth Group CEO, resigned from his position at the healthcare and wellbeing company on May 13, 2025.
Nearly six months after late UnitedHealthcare CEO, Brian Thompson, was fatally shot, UnitedHealth Group’s CEO, Andrew Witty, stepped down for ‘personal reasons.’
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Andrew Witty is stepping down as CEO of health care giant UnitedHealth Group in a surprise transition that follows a period of unprecedented turbulence, including the public killing of a company executive and financial woes that in recent weeks have only intensified.
UnitedHealth Group announced that CEO Andrew Witty is stepping down due to 'personal reasons,' and former CEO Stephen Hemsley will replace him.
UnitedHealth shares fell 22% on April 17, wiping out about $119 billion of market value, after the insurer cut its 2025 forecast.
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.