Andrew Witty steps down as UnitedHealth Group CEO as company fights executive murder, rising costs, and stock crash

UnitedHealth Group said CEO Andrew Witty is stepping down for “personal reasons” and suspended its 2025 forecast, sending shares of the healthcare giant tumbling nearly 10%. Witty will act as a senior advisor to his successor, Stephen Hemsley, who served as UnitedHealth Groups CEO from 2006 to 2017. The company in April also posted its first earnings miss since 2008.