UnitedHealth Group CEO Stephen Hemsley, who replaced Andrew Witty, said he has the right strategy in place “for the era ahead.”

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

Stephen Hemsley will also get additional personal security benefits following the December murder of UnitedHealth’s top insurance executive.

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.

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 Weiss, who frequently appears on CNBC, noted on the network yesterday that he was holding onto his position in UnitedHealth Group Incorporated (UNH) after UNH’s CEO, Andrew Witty, resigned, citing “personal reasons.

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

UnitedHealth Group (NYSE:UNH) recently experienced significant developments, including the appointment of Stephen J. Hemsley as CEO after Andrew Witty's resignation, and the suspension of its 2025 earnings outlook due to accelerating care activities and higher-than-expected medical costs.