Overview

• Andrew Witty has resigned as CEO of UnitedHealth Group, citing personal reasons, and will serve as a senior adviser to his successor.
• Former CEO Stephen Hemsley has been reinstated as CEO and remains chairman of the board to stabilize the company during this challenging period.
• UnitedHealth has withdrawn its 2025 financial guidance due to higher-than-expected medical costs from new Medicare Advantage members and increased care activity.
• The company's stock has dropped over 10% following the announcement, contributing to a year-to-date decline of more than 35%.
• UnitedHealth projects a return to growth in 2026, with Hemsley expressing confidence in addressing internal and external challenges.