UnitedHealth Group CEO Steps Down
Digest more
Top News
Overview
Impacts
Andrew Witty — who became UnitedHealth Group’s CEO in 2021 — is stepping down from the top post due to personal reasons after years leading large health care companies. During the tail end of Witty’s time as CEO of UnitedHealth,
UnitedHealth Group's stock has collapsed nearly 50% in 2025 after a leadership shake-up, surging medical costs, and a DOJ criminal probe into Medicare fraud.
The executive earlier caused public outrage when he defended the insurance giant’s practice of denying health care claims.
Andrew Witty has resigned as chief executive of US health conglomerate UnitedHealth Group, as the company pulled its financial forecasts for 2025, adding to a sense of crisis after a turbulent period.
Key Takeaways Shares of health insurance providers tumbled on a report UnitedHealth Group is being investigated by U.S. officials over possible fraud.The Wall Street Journal said the Department of Justice was looking into the company's Medicare Advantage business.
1don MSN
UnitedHealth Group is being investigated for possible Medicare fraud, according to The Wall Street Journal, sending shares of the healthcare company sliding in after-hours trading just one day after its CEO,