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UnitedHealth Group Taps New Head Of Health Insurance Business
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UnitedHealth Group is promoting former GlaxoSmithKline leader Sir Andrew Witty to become the health insurance provider’s next CEO immediately.
The company said Thursday that current CEO David Wichmann will retire, more than three years after being promoted from his role as company president.
The 56-year-old Witty had served as CEO of UnitedHealth’s Optum segment and then became president of the parent company in November 2019. Before that, he ran the British drugmaker GlaxoSmithKline for several years.
Witty took a leave of absence last spring from UnitedHealth to help lead a World Health Organization push to accelerate COVID-19 vaccine development. He returned at the end of the year.
UnitedHealth Group Names Andrew Witty CEO
MINNETONKA (dpa-AFX) - UnitedHealth Group (UNH) has named Sir Andrew Witty as chief executive officer, succeeding David Wichmann. He will rejoin the UnitedHealth Group Board and becomes CEO immediately, with Wichmann continuing in a transition period through March 2021.
Witty was named CEO of Optum in March 2018 and added the role of president, UnitedHealth Group, in November 2019. From 2008 to 2017, Witty was CEO and a director of GlaxoSmithKline plc.
Dirk McMahon is the company s new president and chief operating officer. McMahon has served as CEO of UnitedHealthcare since June 2019. Prior to this, he was president and chief operating officer, Optum.
Provided by Dow Jones By Michael Dabaie UnitedHealth Group said it named Andrew Witty as chief executive , succeeding David S. Wichmann, who is retiring. The provider of health care coverage, software, and data consultancy services said Dirk McMahon will become president, chief operating officer and will join Mr. Witty and Chief Financial Officer John Rex in the Chief Executive Office. UnitedHealth Group offers a products and services through two platforms: UnitedHealthcare and Optum. Mr. Witty was named CEO of Optum in March 2018 and added the role of president of UnitedHealth Group in November 2019. He previously served as a UnitedHealth Group company director.
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