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UnitedHealth Appoints New CEO Amid Investigation and Turmoil

UnitedHealth Appoints New CEO Amid Investigation and Turmoil

May 13, 2025

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  • UnitedHealth Group appointed Stephen J. Hemsley as CEO following Andrew Witty's resignation for personal reasons.
  • Witty will transition to a senior adviser role.
  • The company is under investigation by the Justice Department, with shares falling 15% to approximately $321.
  • UnitedHealth suspended its 2025 outlook due to unexpectedly high medical costs.
  • CEO Brian Thompson was fatally shot in December; suspect Luigi Mangione faces multiple charges.

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