UnitedHealth CFO to Exit in September; Wayne DeVeydt to Succeed

Rex has served at UnitedHealth for several years, starting as CFO of the company's Optum division and working across various healthcare organizations.

UnitedHealth Group has announced that Chief Financial Officer John Rex will resign on September 2.

According to the company's statement, he will become a strategic adviser to CEO Stephen Hemsley.

The appointment of Rex’s successor marks the latest in a string of top-level changes at the company since Hemsley resumed leadership in May. Following Rex's departure, Wayne DeVeydt will assume the role of CFO.

Rex has served at UnitedHealth for several years, starting as CFO of the company's Optum division and working across various healthcare organizations.

“John Rex has been an exceptional leader, having helped guide our company through substantial change with both strategic vision and strong commitment to our mission,” said Hemsley. “I welcome his continued insights as the company navigates its financial turnaround.”

DeVeydt currently serves as managing director and operating partner at Bain Capital. He has held leadership roles at Surgical Partners, Anthem, and PricewaterhouseCoopers.

“There is no organization besides UnitedHealth Group that presents the opportunities to make a difference in health care, from individual patient care to broad system efficiency, so I am eagerly looking forward to joining the team,” DeVeydt said. “I’ve been fortunate to know John Rex for over two decades and am honored to follow a leader of his caliber.”

This change follows other leadership shifts at UnitedHealth Group in recent months. New executives have taken over its government programs division, and Optum CEO Patrick Conway, M.D., has also taken charge of the Optum Health division.

Stay tuned for more such updates on Digital Health News