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UnitedHealth Group logoUnitedHealth Group UNH

The company said President and Chief Operating Officer Dirk McMahon, 64, notified it of his decision to retire on February 6, 2024.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said President and Chief Operating Officer Dirk McMahon, 64, notified it of his decision to retire on February 6, 2024.

  2. The company disclosed that Dirk McMahon's retirement will take effect on April 1, 2024.

  3. The company said McMahon served the company for more than 20 years and helped UnitedHealthcare and Optum consistently deliver market-leading growth and performance.

  4. The company said McMahon met the retirement definition in his previously granted equity awards, and those awards will continue to vest under their existing terms.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

President and COO Dirk McMahon Gives Notice of Retirement

The company said President and Chief Operating Officer Dirk McMahon, 64, notified it of his decision to retire on February 6, 2024.

Source · Based on the filing body and exhibits

Retirement Effective Date April 1, 2024

The company disclosed that Dirk McMahon's retirement will take effect on April 1, 2024.

Source · Based on the filing body and exhibits

More Than 20 Years of Service and Company Comments

The company said McMahon served the company for more than 20 years and helped UnitedHealthcare and Optum consistently deliver market-leading growth and performance.

Source · Based on the filing body and exhibits

Existing Equity Awards to Keep Vesting on Original Terms

The company said McMahon met the retirement definition in his previously granted equity awards, and those awards will continue to vest under their existing terms.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.