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Elevance
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…
