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

UnitedHealth Group is giving its returning CEO Stephen Hemsley $60 million in equity, in addition to a $1 million annual salary. Why it matters: Hemsley stepped down from his role as CEO in 2017 after more than a decade, but returns with a large upfront award.

UnitedHealth Group announced a new CEO Tuesday, an unexpected change at the company that has been embroiled in chaos since the fatal shooting of then-CEO Brian Thompson in December. Former CEO Andrew Witty stepped down for “personal reasons,

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.

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.

UnitedHealth Group announced that CEO Andrew Witty is stepping down due to 'personal reasons,' and former CEO Stephen Hemsley will replace him.

UnitedHealth Group CEO Andrew Witty is stepping down as the chief executive and will be succeeded by Stephen J. Hemsley, the healthcare giant announced Tuesday. Witty has stepped down from the

Andrew Witty's exit comes only a few weeks after UnitedHealth cut its annual forecast and reported its first earnings miss since the 2008 financial crisis, marking a major setback under Witty's leadership.

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