UnitedHealth Group Names Wayne DeVeydt as New CFO, John Rex as Strategic Advisor

UnitedHealth Group has appointed Wayne S. DeVeydt as chief financial officer, effective September 2, 2025. John F. Rex, who has been CFO since 2016, will become strategic advisor to the CEO on the same date. DeVeydt brings deep financial acumen and operating experience to the role, while Rex will continue to provide insights as a strategic advisor.

UnitedHealth Group (NYSE: UNH) has announced significant changes to its leadership team. Wayne S. DeVeydt has been appointed as the new chief financial officer (CFO), effective September 2, 2025. John F. Rex, who has served as CFO since 2016, will transition to a strategic advisor role to the CEO on the same date [1].

DeVeydt brings a wealth of experience to the role. He most recently served as a managing director and operating partner at Bain Capital, where he worked with client leaders to improve operations and drive growth. From 2018 to 2020, he was chairman and CEO of Surgery Partners, Inc. in Nashville, expanding the company's operational scale and financial performance. Prior to these roles, DeVeydt served as the chief financial officer of Anthem, Inc. (now Elevance) from 2007 to 2016. He began his career as a partner at PricewaterhouseCoopers LLP, focusing on the healthcare sector [2].

Rex, who has been instrumental in guiding UnitedHealth Group through substantial change, will continue to provide valuable insights as a strategic advisor. He joined UnitedHealth Group in 2012 and has spent his career in healthcare, including roles focused on the Optum business. His transition allows DeVeydt to bring his expertise to the company at a pivotal moment [2].

UnitedHealth Group, a healthcare and well-being company, is committed to helping people live healthier lives and improving the healthcare system. The company operates through two distinct and complementary businesses: Optum and UnitedHealthcare. Optum delivers care aided by technology and data, while UnitedHealthcare offers a full range of health benefits [1].

This leadership change comes at a time when UnitedHealth Group is focusing on operational improvements and growth acceleration, areas where DeVeydt has demonstrated significant success. Rex's strategic advisory role will ensure continuity and leverage his extensive experience in healthcare [2].

References:
[1] https://www.stocktitan.net/news/UNH/united-health-group-announces-changes-to-leadership-12vkbjnkftkn.html
[2] https://www.businesswire.com/news/home/20250731549688/en/UnitedHealth-Group-Announces-Changes-to-Leadership-Team