Prominent Investor Is a Fan of UnitedHealth Group’s (UNH) New CEO

Larry Ramer

Wed, May 14, 2025, 2:19 PM 2 min read

Stephen Weiss, who often appears connected CNBC, noted connected the web yesterday that helium was holding onto his presumption successful UnitedHealth Group Incorporated (UNH) aft UNH's CEO, Andrew Witty, resigned, citing "personal reasons."

A elder healthcare nonrecreational giving proposal to a diligent successful a clinic.

Weiss is bullish connected Witty's replacement, Stephen Hemsley, who had been serving arsenic the firm's president and was its CEO betwixt 2006 and 2017.

Weiss is the Chief Investment Officer and Managing Partner of Short Hills Capital Partners

Weiss' Positive Comments connected Hemsley and UnitedHealth Group Incorporated (UNH)

During Hemsley's erstwhile stint arsenic CEO, "he did a large job," said Weiss, who added that helium knows Hemsley personally. The capitalist believes that UNH's determination to instrumentality Hemsley to the CEO presumption was "the close move."

The caller CEO tin "right the ship" astatine UNH, asserted Weiss, noting that Hemsley has been progressive successful managing the institution arsenic its chairman.

UNH is "still the world's largest security company," noted Weiss. The capitalist added that helium besides has "tremendous respect" for the firm's CFO and president, John Rex.

Weiss Decided Not to Buy More Shares

The well-known capitalist said helium thought astir purchasing much shares of UnitedHealth Group Incorporated (UNH) yesterday but yet decided against doing so.

"I haven't (bought much shares) due to the fact that I learned my acquisition erstwhile I added past time," said the investor, implying that the shares dropped aft helium had bought them connected weakness successful the past.

Indeed, arsenic of the marketplace adjacent connected May 13, they had reached their lowest level since 2020.

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