UnitedHealth Group Inc. appointed Wayne DeVeydt to become its chief financial officer, replacing longtime finance chief John Rex.
DeVeydt, most recently a managing director and operating partner at Bain Capital, will take the role starting Sept. 2, the company said in a statement. Rex will become a strategic adviser to Chief Executive Officer Stephen Hemsley.
Hemsley has been revamping the health-care conglomerate’s management ranks since retaking the helm two months ago. UnitedHealth is looking to rebuild credibility with investors after disappointing earnings, a series of federal probes and a deteriorating profit outlook cut its stock price by ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.
