The health insurer joins Walt Disney, Starbucks and others in turning to a former leader to guide the company through tough times.

UnitedHealth Group CEO Stephen Hemsley, returning to run the healthcare giant after Andrew Witty resigned, said he has the right strategy in place “for the era ahead.”

UnitedHealth Group Chief Executive Andrew Witty stepped down suddenly on Tuesday, the company said, as it suspended its 2025 forecast due to surging medical costs, sending its shares plunging more than 11% in morning trading.

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.

Por MICHELLE CHAPMANEl director general de UnitedHealth, Andrew Witty, dejará su cargo por razones personales y la aseguradora de salud más grande del país suspendió su

Managed care companies traded sharply lower on Tuesday after the industry leader, UnitedHealth Group (NYSE:UNH), cited elevated medical costs and withdrew its full-year outlook as it announced the sudden resignation of its CEO,

Stocks traded mostly higher Tuesday following the release of new data that showed U.S. inflation at the consumer level cooled in April. The consumer price index rose 2.3% year-over-year, the lowest reading since February 2021.