Leadership change Stephen Hemsley became CEO (from Board Chair) · DEF 14A, 2026-04-21

UnitedHealth Group Incorporated ·UNH

Three business CEOs report directly to the group CEO

Healthcare Services · Fortune #4 · Divisional structure · 440K employees · Minnetonka, MN

View as of:
7
CEO span
↓ tighter than peers (avg 8)
3.1
Avg span
moderate
4
Max depth
flat for 440K emp
1.4 yr
Avg tenure
↓ 3.1yr from FY2024
67%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$447.6B
Operating income
$19.0B
Net income
$12.1B
Total assets
$309.6B
Shares out
908M

Sourced from UnitedHealth Group Incorporated DEF 14A · filed 2026-04-21 ↗ View on SEC

Interactive org chart

UnitedHealth Group Incorporated organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

Three business CEOs report directly to UnitedHealth Group’s CEO, creating a clean divisional structure. This page maps the enterprise and Optum/UnitedHealthcare leadership, analyzes reporting spans, and compares the model with healthcare peers.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal Dennis Stankiewicz joined as Chief Accounting Officer

Appointed CAO effective March 2, 2026.

Source · See change log

Scenario views in the chart

  • Add Chief AI Officer Create a dedicated Chief AI Officer reporting to the CEO to centralize AI commercialization and governance.
  • Consolidate Optum finance under Group CFO Move Optum segment CFOs to report directly to the Group CFO to tighten financial control.

Atlas work this supports

  • Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
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  • Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.

The people

Who's running this

8 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

internal

Stephen Hemsley

Chief Executive Officer

Executive

1 yr

30 reports

internal

Timothy Noel

CEO, UnitedHealthcare

UnitedHealthcare

1 yr

12 reports

Wayne DeVeydt

Chief Financial Officer

Finance

1 yr

10 reports

internal

Patrick Conway, M.D.

CEO, Optum

Optum

1 yr

11 reports

Open Role

Chief Information Officer

Technology

1 yr

8 reports

internal

Christopher Zaetta

Chief Legal Officer & Corporate Secretary

Legal

2 yr

6 reports

internal

Erin McSweeney

Chief Human Resources Officer

HR

3 yr

7 reports

internal

Dennis Stankiewicz

Chief Accounting Officer

Finance

0 yr

4 reports

The pay

Executive compensation

From the most recent DEF 14A Summary Compensation Table. 2 named executive officers disclosed. Bar length scales with total compensation.

Stephen Hemsley $60.9M
Base salary
$596K
Stock awards
$342K
Fiscal year
FY2025
Wayne DeVeydt $14.6M
Base salary
$285K
Bonus
$1.20M
Stock awards
$8.25M
Option awards
$3.25M
Non-equity incentive
$1.50M
Other
$98K
Fiscal year
FY2025

The skin in the game

Beneficial ownership

Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.

Stock ownership requirements

Robust share ownership guidelines disclosed; exact multiples not specified.

HolderShares% of class
Stephen Hemsley 1.34M<1%

The businesses

How UnitedHealth Group Incorporated divides the work

3 divisions report into the group CEO. Tile size scales with estimated headcount.

UnitedHealthcare

200K employees

CEO, UnitedHealthcare (Timothy Noel)

Health benefits platform serving employer, Medicare and public-sector members.

Optum

180K employees

CEO, Optum (Patrick Conway, M.D.)

Technology- and services-led health care platform spanning care delivery, data and pharmacy.

Finance

5K employees

Chief Financial Officer (Wayne DeVeydt)

Enterprise finance, accounting, treasury and investor relations.

The thesis

Why this org is unusual

Three operating CEOs — UnitedHealthcare, Optum, and enterprise functions — report directly to the group CEO, an unusually explicit divisional model for a healthcare conglomerate.

This structure places full P&L accountability at the business level while keeping corporate functions relatively lean. The CEO’s span emphasizes operational leaders rather than layered presidents.

Optum itself mirrors the group’s structure, with its Health, Insight, and Rx units led as semi-autonomous businesses. Recent accounting and finance changes strengthen control as scale and regulatory scrutiny increase. The model favors speed and accountability over centralized coordination.

  • Three divisional CEOs report to group CEO
  • Recent CFO and CAO turnover
  • Optum mirrors group structure

The comparison

How UnitedHealth Group Incorporated stacks up

Compared with peers like CVS Health and Cigna, UnitedHealth Group runs a clearer multi-CEO divisional model, with fewer intermediate layers between the group CEO and operating businesses. CVS uses a heavier functional overlay, while Humana remains more insurance-centric. UnitedHealth’s structure reflects its …

C-suite size

UnitedHealth Group Incorporated
8

Reporting depth

UnitedHealth Group Incorporated
4 levels
5 levels
5 levels
4 levels

Avg C-suite tenure

UnitedHealth Group Incorporated
1 yr
5 yr
6 yr

Has COO / Has CAIO

UnitedHealth Group Incorporated — no COO — no CAIO
CVS Health ✓ COO — no CAIO
Cigna — no COO — no CAIO
Humana — no COO — no CAIO
Elevance Health — no COO — no CAIO

Current signals

What changed recently

Stephen Hemsley’s return as CEO and the appointment of a new CFO and CAO reshaped the top finance and leadership team.

  • new
    Dennis Stankiewicz Chief Accounting Officer

    Appointed CAO effective March 2, 2026.

    Source
  • new
    Wayne DeVeydt Chief Financial Officer

    Appointed CFO effective September 2, 2025, succeeding John Rex.

    Source
  • promoted
    Stephen Hemsley Chief Executive Officer

    Named CEO effective May 12, 2025 following Andrew Witty’s resignation.

    Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2025
DEF 14A filed 2026-04-21
CEO
Stephen Hemsley
CEO span
6
C-suite
5
Avg tenure
1.2 yr

Major CEO transition year with multiple new appointments.

Named executive officers (5)
  • Stephen Hemsley - CEO since 2025
  • Wayne DeVeydt - CFO since 2025
  • Timothy Noel - CEO, UnitedHealthcare since 2025
  • Patrick Conway, M.D. - CEO, Optum since 2025
  • Christopher Zaetta - Chief Legal Officer since 2018
FY2024
DEF 14A filed 2025-04-22
CEO
Andrew Witty
CEO span
7
C-suite
6
Avg tenure
4.5 yr

Stable leadership prior to CEO succession.

Named executive officers (5)
  • Andrew Witty - CEO since 2021
  • John Rex - CFO since 2016
  • Timothy Noel - CEO, UnitedHealthcare since 2014
  • Patrick Conway, M.D. - CEO, Optum since 2020
  • Christopher Zaetta - Chief Legal Officer since 2018
FY2023
DEF 14A filed 2024-04-23
CEO
Andrew Witty
CEO span
7
C-suite
6
Avg tenure
5.2 yr

Pre-transition steady-state structure.

Named executive officers (5)
  • Andrew Witty - CEO since 2021
  • John Rex - CFO since 2016
  • Timothy Noel - CEO, UnitedHealthcare since 2014
  • Patrick Conway, M.D. - CEO, Optum since 2020
  • Christopher Zaetta - Chief Legal Officer since 2018

Year-over-year changes

FY2024 → FY2025

2025 marked a CEO transition and reset of executive tenure.

  • CEO span: 7 → 6
  • C-suite size: 6 → 5
  • Avg tenure: 4.5 → 1.2 yr
  • new Stephen Hemsley - CEO (was Board Chair) (DEF 14A, 2026-04-21)
  • departed Andrew Witty - CEO (DEF 14A, 2026-04-21)

The board

Board of directors

3 directors. 2 of 3 independent (67%). Source: most recent DEF 14A.

Stephen Hemsley

Chair Inside

CEO, UnitedHealth Group

Director since 2006

F. William McNabb III

Lead Indep. Independent

Former CEO, Vanguard Group

Director since 2018

Scott Gottlieb, M.D.

Independent

Former FDA Commissioner

Director since 2025

The board, organized

Board committees

1 standing committees. Audit and Compensation must be 100% independent under SEC rules; the rest vary.

Audit and Finance Committee

100% independent
  • F. William McNabb III Chair
  • Scott Gottlieb, M.D.

Frequently Asked Questions

Who is the CEO of UnitedHealth Group?

Stephen Hemsley has served as CEO since May 12, 2025.

What type of organizational structure does UnitedHealth Group use?

UnitedHealth Group uses a divisional structure with major businesses led by their own CEOs.

How many direct reports does UnitedHealth Group's CEO have?

The CEO has seven direct reports, including the CEOs of UnitedHealthcare and Optum.

How has UnitedHealth Group's leadership changed recently?

The company appointed a new CEO in 2025 and added new CFO and CAO roles in 2025–2026.

Who reports directly to UnitedHealth Group's CEO?

The CEOs of UnitedHealthcare and Optum, along with the CFO and key enterprise leaders, report directly to the CEO.

Sources

  • 8-K, Mar 2, 2026
  • DEF 14A, Apr 2026
  • SEC EDGAR: UnitedHealth Group Incorporated DEF 14A Proxy Statement
  • SEC EDGAR: UnitedHealth Group Incorporated 10-K Annual Report

Reference

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Creately. (2026). UnitedHealth Group Incorporated organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/unitedhealth-group/
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"UnitedHealth Group Incorporated Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/unitedhealth-group/. Accessed .
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Creately. "UnitedHealth Group Incorporated Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/unitedhealth-group/.
Original SEC source View on SEC ↗
UnitedHealth Group Incorporated. DEF 14A. Filed 2026-04-21. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/731766/000110465926046125/tm261387-6_def14a.htm

Permanent URL: https://creately.com/org-chart/fortune-500/unitedhealth-group/ · last updated 2026-04-01

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