Tag: abruptly
UnitedHealth Group abruptly replaces CEO Andrew Witty, deepening a terrible year
By Maria Aspan UnitedHealth Group abruptly replaced CEO Andrew Witty on Tuesday, as the sweeping problems facing the company and industry deepened. Witty resigned “for personal reasons,” UnitedHealth said. He was replaced, effective immediately, by the company’s former CEO and current chairman, Stephen J. Hemsley. A UnitedHealth spokesperson declined to comment further. Shares in UnitedHealth…