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He was replaced by CEO Stephen Hemsley who had served as president and COO and a member of the board of directors. McGuire's exit compensation from UnitedHealth was anticipated to be $1.1 billion, [ 26 ] but he only received $618 million after returning $420 million in stock options.
On 6 December 2024, in the aftermath of the murder of former CEO of UnitedHealth Group’s child company UnitedHealthcare Brian Thompson, [31] a video was leaked in which Witty stated, "Our role is a critical role, and we make sure that care is safe, appropriate, and is delivered when people need it" and that the insurer will continue to prevent "unnecessary care" and advised that people ...
Stephen J. Hemsley (born 1952) is chair of the board and former chief executive officer of UnitedHealth Group Inc.In August 2017, UnitedHealth announced that Hemsley would be stepping down after more than a decade as CEO and starting a newly created role of executive chairman of the board.
UnitedHealth Group CEO Andrew Witty sent a memo to staff remembering slain executive Brian Thompson and reassuring staff of the importance of their work in the wake of his tragic murder ...
UnitedHealth Group CEO Andrew Witty wrote in an op-ed that the company wants to continue to push for health care industry reforms following the murder of UnitedHealthcare CEO Brian Thompson.
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McGuire joined UnitedHealthcare in November 1988 as an executive vice president when the Peak Health Plan, of which he was then president and chief operating officer, was acquired by UnitedHealth Group. In May 1989, he was appointed to the board of directors and became chief operating officer.
Some health insurance companies are removing executive bios from their websites. The deletions came after the fatal shooting of UnitedHealthcare CEO Brian Thompson.