UnitedHealth Group Shuffles Its Top Management Ranks
Wayne S. DeVeydt, a seasoned healthcare finance and management professional, has been appointed as the new Chief Financial Officer (CFO) of UnitedHealth Group, effective September 2, 2025.
DeVeydt brings a wealth of experience to his new role, having served as CFO of Anthem Inc. (now Elevance) from 2007 to 2016, after joining the company in 2005. Prior to that, he was a partner at PricewaterhouseCoopers LLP, focusing on the healthcare sector.
Most recently, DeVeydt was a managing director and operating partner at Bain Capital, where he worked on operational improvement and growth acceleration with client leaders. Before this, he was the chairman and CEO of Surgery Partners, Inc., a surgical services firm based in Nashville, where he led operational scaling and financial performance improvements.
UnitedHealth Group, a health care and well-being company, has two distinct businesses: Optum and UnitedHealthcare. Optum delivers care aided by technology and data, while UnitedHealthcare offers a full range of health benefits. The company's mission is to help people live healthier lives and make the health system work better for everyone.
Stephen J. Hemsley, the company chairman and CEO, praised DeVeydt's fit with the company's mission and expressed confidence in his leadership. John Rex, currently the CFO, will become a strategic advisor to the CEO on the same date. Rex joined UnitedHealth Group as the CFO of its Optum business and has a career focused on health care.
DeVeydt expressed his eagerness to join UnitedHealth Group and work on individual patient care and broad system efficiency. For media inquiries, contact [email protected]. UnitedHealth Group can be visited at www.unitedhealthgroup.com and followed on LinkedIn.
[1] Business Wire press release
[2] Elevance Health newsroom
[3] Surgery Partners, Inc. newsroom
[5] Bain Capital press release
- Wayne S. DeVeydt, in his new role as CFO of UnitedHealth Group, will work on individual patient care and broad system efficiency.
- The leadership of UnitedHealth Group has praised DeVeydt's fit with the company's mission, expressing confidence in his leadership.
- As a managing director and operating partner at Bain Capital, DeVeydt worked on operational improvement and growth acceleration with client leaders.
- UnitedHealth Group, a health care and well-being company, operates under two distinct businesses: Optum and UnitedHealthcare, each offering unique services to help people live healthier lives and make the health system more efficient.
