UnitedHealth Group names new CEO, shares slide
1. Stephen Hemsley returns as CEO, replacing Andrew Witty, effective immediately. 2. Hemsley aims for long-term growth of 13% to 16% despite market challenges. 3. Company suspended 2025 outlook due to accelerating care activity and higher costs. 4. Brian Thompson's murder highlighted issues in the U.S. healthcare system. 5. UNH shares dropped significantly amidst leadership changes and company uncertainties.