UnitedHealth Group CEO Steps Down
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Shares of UnitedHealth Group tumbled more than 15% in morning trade on Thursday after a report said that the Justice Department is investigating the health insurer for potential fraud.
UnitedHealth faces valuation reset amid CEO change, regulatory probes, and cost overruns. Click here for a full analysis of UNH stock.
Shares of UnitedHealth Group slumped 6% in premarket trading Thursday on a report that the U.S. Department of Justice is investigating the embattled health insurance provider for possible criminal Medicare fraud.
"Leading the people of UnitedHealth Group has been a tremendous honor as they work every day to improve the health system and they will continue to inspire me," Witty said in a st
Former UnitedHealth Group chief executive officer Stephen Hemsley to replace Andrew Witty. Here's what we know.
Andrew Witty has resigned as chief executive of US health conglomerate UnitedHealth Group, as the company pulled its financial forecasts for 2025, adding to a sense of crisis after a turbulent period.