UnitedHealth Group has tapped the CEO of its Optum business, Andrew Witty, to serve as president of UnitedHealth Group.
Witty will also continue to serve as Optum's chief, the Minnetonka, Minn.-based health insurance giant said Monday.
He will oversee enterprise business strategy, development and partnerships, as well as enterprise research and development and clinical capacities, the company said.
"I'm confident that expanding Andrew's strategic insights more broadly across the company will help accelerate the next phase of innovation and growth at UnitedHealth Group as we focus on building and shaping the next generation health system in a socially conscious way," UnitedHealth CEO David Wichmann said in the announcement.
Witty came to UnitedHealth to lead Optum, the company's fastest-growing business, in March 2018. He served as CEO of London-based pharmaceutical company GlaxoSmithKline from 2008 to 2017.
Last month, UnitedHealth reported third-quarter 2019 revenue of $60.4 billion, up 6.7% over the same period in 2018, and earnings from operations of $5 billion, up 9.2%. Optum drove the growth, reporting revenue of $28.8 billion, up 13.3%, and earnings from operations of $2.4 billion, up 16.1% year over year.
