Core Viewpoint - UnitedHealth Group Inc. is facing shareholder pressure to adopt an independent board chair following two consecutive quarters of earnings misses and a revised 2025 outlook due to rising medical costs [2] Group 1: Shareholder Proposal - Shareholders have proposed the adoption of an independent board chair, currently held by CEO Stephen Hemsley, who has been in the role since 2017 [1][2] - The proposal emphasizes the need for independent oversight, stating that having one person in both roles is contrary to shareholder interests [2] Group 2: Company Performance - UnitedHealth Group has experienced pressure from shareholders after missing earnings expectations for two straight quarters [2] - The company has revised its 2025 outlook, attributing the changes to soaring medical costs and shortfalls in government-backed plans [2] Group 3: Company Overview - UnitedHealth Group is a healthcare company that provides consumer-oriented health benefit plans and services, including care delivery, care management, wellness, consumer engagement, and health financial services [2]
UnitedHealth Group Incorporated (UNH) Shareholders Push for Independent Board Chair