Andrew Witty’s departure from the CEO position was due to “personal reasons”, the company said in a statement.

UnitedHealth Group announced that Andrew Witty will step down as CEO due to “personal reasons.” He is being replaced by Stephen J. Hemsley, who served as the company’s CEO from 2006 to 2017.

We recently published an article titled Massive Sell-Offs Just Hit These 10 Stocks Today. In this article, we are going to take a look at where UnitedHealth Group Incorporated (NYSE:UNH) stands against the other stocks.

Shares of UnitedHealth are diving nearly 8% after the health insurer suspended its 2025 guidance and said Stephen J. Hemsley, currently chairman, would take over as chief executive, effective immediately.

May 13 (UPI) -- UnitedHealth Group announced Tuesday CEO Andrew Witty will step down, citing "personal reasons." Witty will leave the role of CEO and be replaced by Stephen J. Hemsley, effective immediately.

Stephen Weiss, who frequently appears on CNBC, noted on the network yesterday that he was holding onto his position in UnitedHealth Group Incorporated (UNH) after UNH’s CEO, Andrew Witty, resigned, citing “personal reasons.

Stephen Hemsley ran UnitedHealth Group for more than a decade. It's a different company after four years with Andrew Witty in charge.

UnitedHealth Group (NYSE: UNH) today announced the appointment of Stephen J. Hemsley as its chief executive officer, effective immediately, following Andrew Witty’s decision to step down as CEO for personal reasons.