UnitedHealth Group CEO Andrew Witty steps down amid soaring costs, company withdraws 2025 forecast
UnitedHealth Group's CEO Andrew Witty resigned due to personal reasons amidst financial challenges, prompting Stephen Hemsley to return as CEO. The company withdrew its 2025 financial outlook, citing unexpectedly high medical costs and scrutiny. Shares plummeted following a series of setbacks, including a recent earnings miss and the high-profile case surrounding the death of executive Brian Thompson.
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