UnitedHealth Group Announces Executive Leadership Actions

The Board of Directors of UnitedHealth Group named Sir Andrew Witty as chief executive officer (CEO), succeeding David S. Wichmann, who is retiring after successfully guiding the company through a period of growth and innovation and the deeply challenging onset of the COVID-19 pandemic. Sir Witty will rejoin the UnitedHealth Group Board of Directors and became CEO immediately on February 4, 2021. Mr. Wichmann is continuing in a transition period through March 2021. Sir Witty, Chief Financial Officer (CFO) John Rex, and Dirk McMahon, as the new president and chief operating officer (COO), will constitute the company’s Chief Executive Office.

Sir Witty was named CEO of Optum in March 2018 and in November 2019 became president of UnitedHealth Group. He previously served as a UnitedHealth Group company director. From April 2020 to December 2020, Sir Witty took an unpaid leave of absence from his company positions to serve as a Global Envoy for the World Health Organization’s COVID-19 efforts. He also served as an advisor to the UK Government Vaccine Taskforce. From 2008 to 2017, Sir Witty was CEO and a director of the leading pharmaceutical manufacturer GlaxoSmithKline plc (GSK).

Mr. McMahon has served as CEO of UnitedHealthcare since June 2019. Prior to this role, McMahon was president and COO for Optum. Mr. McMahon has served in a number of leadership positions across the enterprise since joining the company in 2003, including CEO of OptumRx, overseeing UnitedHealth Group’s pharmacy benefit management programs, along with various management positions in information technology, operations and finance. Before joining UnitedHealth Group, Mr. McMahon was head of airport operations worldwide for Northwest Airlines.

As executive vice president and CFO of UnitedHealth Group since June 2016, Mr. Rex has an expansive operating, growth and finance portfolio. He joined the company in 2012 as executive vice president and CFO of Optum. Prior to that, Mr. Rex was a leading equity research analyst; served as a strategy and operational consultant; and practiced as a certified public accountant across several health care sectors.

Mr. Wichmann joined UnitedHealth Group in 1998 and became its CEO in September 2017. He served as CFO from 2011 until mid-2016 when he became president. He had previously led UnitedHealthcare and UnitedHealth Group’s enterprise-wide operations and technology efforts, along with external development, M&A and integration activities at the company.

UnitedHealth Group is a diversified health care company dedicated to helping people live healthier lives and helping to make the health system work better for everyone. UnitedHealth Group offers a broad spectrum of products and services through two distinct platforms: UnitedHealthcare, which provides health care coverage and benefits services; and Optum, which provides information and technology-enabled health services. In the announcement, the company reiterated its 2021 outlook for adjusted net earnings of $17.75 to $18.25 per share and its commitment to a long term 13% to 16% growth rate.

This was reported by UnitedHealth Group on February 4, 2021.

Contact information: UnitedHealth Group, Post Office Box 1459, Minneapolis, Minnesota 55440; 800-328-5979; Website: www.unitedhealthgroup.com

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COVID-19 Risk Management Plan August 11, 2021

We are excited to return to sunny southern California for The 2021 OPEN MINDS Management Best Practices Institute at the picturesque Newport Beach Marriott Hotel & Spa, August 23-26, 2021. To help plan your in-person attendance, visit https://openminds.com/live-mbpi/ for a schedule of events happening throughout the week.

The resurgence of the COVID Delta variant has certainly created new challenges for the country and for our families. Fortunately, the available COVID vaccinations have been very successful in preventing symptomatic infections and illness. But I did want to let you know that our team at OPEN MINDS is committed to making our executive events as safe as possible and have an active risk management plan in place. I wanted to share with you the key elements of our plan:

Masking. Every participant will receive a mask as part of their registration materials. Unvaccinated people will be required to wear masks – and vaccinated attendees will be encouraged to wear masks. If the local or state governments have more restrictive standards (including mandatory masking or requiring proof of vaccination) at the time of our institutes, we will follow those standards.

Social Distancing. We are working with the event venue to hold all sessions in the largest possible rooms with seating as far apart as possible. In order to accomplish this, we ask that you select in advance the sessions you plan to attend in-person at the event venue. This will assist us with room and seating arrangements.

Outdoor Events. Where possible, we will use outdoor spaces for networking events and smaller sessions.

Hand Sanitation. Hand sanitation stations are available throughout the event venue and hand sanitizer is included in your registration materials, courtesy of our partner, Qualifacts+Credible.

Virtual Sessions. Every session will be partially or fully available in a virtual capacity:

We are livestreaming via GoToWebinar our plenary sessions – keynote addresses and plenary panels. You can participate online from your hotel room (or from your home office if you can’t attend on-site). We will be accepting questions from both the onsite and online audiences.
Each executive seminar is being offered at two separate times, one live at the event venue and the other exclusively for virtual attendees.
We are recording the audio for each session – and will post the audio along with presentation materials after each session.
A virtual exhibit hall will be available with access to all exhibitor contact information, product demos, and engagement opportunities.

We will continue to monitor any changes in the CDC recommendations for the continued safety of the public. If you have any concerns or questions, feel free to reach out to a member of our team at events@openminds.com or by phone at 877-350-6463. We look forward to seeing you at The 2021 OPEN MINDS Management Best Practices Institute.

Monica E. Oss
Chief Executive Officer
OPEN MINDS

UnitedHealth Group Announces Executive Leadership Actions

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COVID-19 Risk Management Plan August 11, 2021

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