UnitedHealth CEO Andrew Witty steps down
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Discover the details about Andrew Witty’s life, such as his educational qualifications, career graph, major achievements, along special honorary mentions throughout his career.
Witty’s departure was surprising, though it follows a sharp downturn in the healthcare juggernaut’s financial outlook. He is being replaced by Stephen Hemsley, the chair of UnitedHealth’s board and a previous chief executive.
UnitedHealth CEO Andrew Witty is stepping down for personal reasons and the nation’s largest health insurer suspended its full-year financial outlook due to higher-than-expected medical costs. Hemsley was UnitedHealth Group CEO from 2006 to 2017. He will remain chairman of the company’s board. Witty will serve as a senior adviser to Hemsley.
Hemsley, 72, had led the company for more than a decade until 2017 and is re-taking the reins following a series of setbacks.
UnitedHealth Group CEO Stephen Hemsley, who replaced Andrew Witty, said he has the right strategy in place “for the era ahead.”