Andrew Witty, the chief executive of UnitedHealth Group, stepped down “for personal reasons” and was effective immediately, the company announced on Tuesday.
Now, Stephen Hemsley will serve as the company’s CEO and chairman of the board of directors.
Meanwhile, Witty will serve as a senior adviser to Hemsley, the company said.
“We are grateful for Andrew’s stewardship of UnitedHealth Group, especially during some of the most challenging times any company has ever faced,” Hemsley said in the statement.
“The Board and I have greatly valued his leadership and compassion as chief executive and as a director and wish him and his family the best.”…