UnitedHealth Group announced on May 13, 2025, that CEO Andrew Witty has stepped down from his position for personal reasons, effective immediately. This unexpected departure marks a significant leadership change for the healthcare conglomerate.
Company veteran Stephen Hemsley, a former CEO, has returned to the top role to navigate the company through a challenging period. Hemsley will receive an annual base salary of $1 million and a one-time equity award of $60 million.
In conjunction with the leadership change, UnitedHealth Group also suspended its annual forecast. This decision signals a period of recalibration and uncertainty for the company, following recent setbacks including a major cyberattack and the murder of an executive.
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