The UnitedHealth CEO abruptly stepped down on Tuesday, six months after the CEO of UnitedHealth’s subsidiary UnitedHealthcare, Brian Thompson, was murdered.
Andrew Witty cited “private causes” for stepping down from the highest place. He was changed by Stephen J. Hemsley, who beforehand served because the CEO from 2006 to 2017. Hemsley will proceed to serve concurrently as chairman of UnitedHealth’s board of administrators.
“We’re grateful for Andrew’s stewardship of UnitedHealth Group, particularly throughout a number of the most difficult instances any firm has ever confronted,” Hemsley mentioned in a press launch. “The Board and I’ve vastly valued his management and compassion as chief government and as a director and need him and his household one of the best.”
Moreover, the corporate acknowledged it suspended its 2025 annual outlook to deal with “broadening to extra sorts of profit choices than seen within the first quarter.” It added that “medical prices of many Medicare Benefit beneficiaries new to UnitedHealthcare remained larger than anticipated.” UnitedHealth’s outlook is anticipated to return in 2026.
Thompson was fatally shot in New York on December 6, 2024. The shooter allegedly wrote “delay,” “deny” and “depose” on the bullets, seemingly in reference to a e book criticizing insurance policies for medical health insurance claims.
Luigi Mangione, 26, was arrested in Pennsylvania 5 days later and accused of murdering Thompson. He was indicted on 11 New York state expenses and 4 federal expenses, together with first-degree homicide, homicide in furtherance of terrorism and stalking. U.S. Lawyer Common Pam Bondi is searching for the demise penalty for Mangione’s federal expenses.
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