UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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Current Report
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of report (Date of earliest event reported): June 28, 2019
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UNITEDHEALTH GROUP INCORPORATED
(Exact name of registrant as specified in its charter)
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Delaware
 
1-10864
 
41-1321939
(State or other jurisdiction of incorporation)

 
(Commission File Number)

 
(I.R.S. Employer Identification No.)

UnitedHealth Group Center, 9900 Bren Road East, Minnetonka, Minnesota
55343
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including area code: (952) 936-1300
N/A
(Former name or former address, if changed since last report.)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Title of each class
 
Trading Symbol(s)
 
Name of each exchange on which registered
Common Stock, $.01 par value
 
UNH
 
New York Stock Exchange, Inc.
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
[ ] Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
 
 
 
 
 




Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Steve Nelson is retiring from UnitedHealthcare after a successful tenure as its CEO, effective immediately
Item 9.01.
Financial Statements and Exhibits.
Exhibit
Description
 
 
 





Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: June 28, 2019                 
 
 
 
UNITEDHEALTH GROUP INCORPORATED
 
 
 
By:
 /s/ Dannette L. Smith
 
 
 
 
Dannette L. Smith
 
 
 
 
Secretary to the Board of Directors





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For Immediate Release

UNITEDHEALTH GROUP ADVANCES SENIOR LEADERSHIP TEAM

MINNETONKA, Minn. (June 28, 2019) - UnitedHealth Group (NYSE: UNH) announced changes to its senior executive team as part of its longstanding approach to building broad and deeply experienced leaders.

“At a time when UnitedHealth Group is performing strongly in the marketplace on multiple dimensions, we are advancing leaders who will improve the overall health and well-being of the people we serve and their communities, and further enhance the performance of the health system,” said David S. Wichmann, chief executive officer, UnitedHealth Group. “Our consistent approach over the years is to provide our executives with a breadth of experience across the company, ensuring they can deploy the full set of our capabilities to everyone we serve in the interest of achieving better health outcomes and a better experience for people while meaningfully lowering health care costs.”

Specific changes include Dirk C. McMahon, currently president and chief operating officer of Optum, becoming CEO of UnitedHealthcare; and Daniel J. Schumacher, currently president and chief operating officer of UnitedHealthcare, becoming president and chief operating officer of Optum.

In addition to his role at Optum, McMahon has held numerous senior positions since joining the company in 2003, including running UnitedHealth Group enterprisewide operations and serving as CEO of OptumRx. McMahon follows Steve Nelson, who is retiring from UnitedHealthcare after a successful tenure as its CEO.

Schumacher’s new role includes oversight of OptumInsight, the company’s data, analytics and technology business, Optum Technology and Optum operations. Schumacher has held numerous senior positions across UnitedHealth Group since joining the company in 1999.

“We are deeply grateful to Steve Nelson for his 15 years of service - each day over those years Steve brought a sharp focus on our members, the providers who care for them and our colleagues who support them - all with the highest level of integrity. We are a better company as a result of his service, and he is leaving at a time of strength in the business,” said Wichmann.

About UnitedHealth Group 
UnitedHealth Group (NYSE: UNH) is a diversified health care company dedicated to helping people live healthier lives and helping 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. For more information, visit UnitedHealth Group at  www.unitedhealthgroup.com  or follow  @UnitedHealthGrp on Twitter .

Contacts:
 
 
 
Investors:
 
Brett Manderfeld
 
Senior Vice President
 
UnitedHealth Group
 
952-936-7216
 
brett_manderfeld@uhg.com

 
 
 
Media:
 
Matt Stearns
 
Senior Vice President
 
UnitedHealth Group
 
202-276-0085
 
matt_stearns@uhg.com