Tag:
Andrew Witty
Hartford, CT
Business
UnitedHealth Group CEO Resigns, Stock Plunges Amid Executive's Killing, Massive Cyberattack
The head of UnitedHealth Group is stepping down, ending a rocky four years marked by rising medical costs, a major cyberattack, and the high-profile killing of an insurance executive. Andrew Witty has left his position as CEO of UnitedHealth Group due to "personal reasons," the company announced on Tuesday, May 13. He'll remain with UnitedHealth as a senior adviser to newly reappointed CEO Stephen Hemsley. Witty's resignation came as UnitedHealth suspended its 2025 outlook, citing accelerating medical spending among new Medicare Advantage members. "Leading the people of UnitedHea…
Southeast-Brewster, NY
News
CEO Murder: UnitedHealthcare Parent Company Chief Calls For Change
The head of UnitedHealth Group is calling for change in the healthcare industry after the targeted killing of the CEO of one of its two subsidiaries. UnitedHealthcare CEO Brian Thompson was gunned down outside the Midtown Hilton Hotel in Manhattan at around 6:45 a.m. Wednesday, Dec. 4. On Monday, Dec. 9, 26-year-old Luigi Mangione was charged with second-degree murder in connection with the case. At the time of his arrest in Altoona, Pennsylvania, Mangione was found to be in possession of a three-page manifesto critical of healthcare companies. He condemned UnitedHealthcare's increasing ma…
