UnitedHealth Group's Stock Plunge Sparks Board's Call for Leadership Split
UnitedHealth Group's stock has taken a significant hit this year, plummeting by approximately 29% year-to-date in 2025. Amidst this decline, the Accountability Board has stepped in, filing a formal proposal to the company, expressing concerns about its leadership structure.
The Accountability Board, led by President Matt Prescott, has raised eyebrows over UnitedHealth Group's leadership structure. Prescott stated, 'We think the company needs a stronger leadership structure.' This comes on the heels of Andrew Witty's sudden resignation in May 2025, which saw Stephen Hemsley take over as CEO and board chairman. The board has asked UnitedHealth Group to amend its bylaws to separate the roles of CEO and board chairman, a move they believe could strengthen the company's leadership.
The board's proposal follows a period of uncertainty at the top of UnitedHealth Group. After Witty's departure, the company appointed a successor, but the identity of the new CEO and chairman remains unclear, with no specific individual named in available search results.
UnitedHealth Group's stock decline has sparked concern from the Accountability Board, leading to a formal proposal for leadership restructuring. The board has asked the company to separate the roles of CEO and board chairman, a move that could potentially strengthen UnitedHealth Group's leadership and potentially reverse its stock's downward trend.
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