UnitedHealth CEO suddenly steps down for 'personal reasons'
UnitedHealth CEO suddenly steps down for 'personal reasons'
Stephen J. Hemsley returned as CEO after Andrew Witty's surprising decision to leave the insurance giant. UnitedHealth's stock fell 17% on Tuesday.
UnitedHealth Group announced a new chief executive Tuesday, a sudden and surprising change following the fatal shooting in December of its UnitedHealthcare subsidiary's leader.
Andrew Witty stepped down from leading UnitedHealth for unspecified “personal reasons,” the company said. Stephen J. Hemsley, who served as chief executive from 2006 to 2017, will return to the role and remain board chairman. Witty will serve as a senior adviser to Hemsley, the company said in a news release.
UnitedHealth has been the focus of sharp criticism over the health insurance industry's practices and has seen its stock plummet in the past year. The Justice Department has investigated its business activities.
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Why can't all CEOs just do this right now? Especially the tech companies.
the tech ceos all have security around them at all times, so its probably hard to get to them. plus they all have bunkers in other countries.
I feel like if you killed a tech bro the security would try to blend into the shadows in the hopes nobody stops the autopay.
i think MR