UnitedHealth, Brian Thompson
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UnitedHealth Group announced a new CEO Tuesday, an unexpected change at the company that has been embroiled in chaos since the fatal shooting of then-CEO Brian Thompson in December. Former CEO Andrew Witty stepped down for “personal reasons,
UnitedHealth Group surprises investors with what its CEO said was an "unusual and unacceptable" quarterly earnings miss, and lowers its outlook for the full year due to higher-than-expected medical costs, sparking a more than 20% selloff in shares that reverberated across the sector.
UnitedHealth Group announced the surprise exit of CEO Andrew Witty on Tuesday and suspended its 2025 forecast due to surging medical costs, sending its shares down more than 10% premarket.
3hon MSN
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. Chairman Stephen Hemsley will become CEO, effective immediately, the Minnesota company said.
The health care conglomerate is facing mounting financial problems – and ongoing consumer anger over high costs and denied claims.
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Brian Thompson, acting director of the popular redevelopment program, exits as the Trump administration pushes agencywide reorganization and cuts.
A group of investors this week filed a proposed class-action lawsuit against UnitedHealth Group, alleging that the company withheld information following the murder of UnitedHealthcare CEO Brian Thompson last December.