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

(Reuters) -UnitedHealth Group CEO Stephen Hemsley will get an annual base salary of $1 million and a one-time $60 million equity award as he returns to the top role at a tough time for the healthcare conglomerate.

“The quick resignation of the CEO indicates this is more likely to be internal than external,” the analysts, led by Joanna Gajuk wrote Wednesday after UnitedHealth suspended its 2025 guidance and announce its bringing back former CEO Stephen Hemsley to ...

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

We don't need to dwell on the lack of detail behind Andrew Witty stepping down as CEO of UnitedHealth ( UNH) for "personal reasons." There are plenty of public reasons to change course at a business that has become a political lightning rod and Wall Street letdown.

UnitedHealth Group faces a significant setback as its shares fall by nearly 13% following reports of a Department of Justice investigation into potential Medicare fraud. This crisis comes amid other challenges like the CEO's departure and withdrawal of forecasts,

Former CEO and current chairman Stephen Hemsley is stepping back into the top job following the abrupt resignation of Andrew Witty, UnitedHealth said.

UnitedHealthcare stock plunged again on Thursday after a new report in the WSJ said the company is facing a Medicare fraud probe.