UnitedHealth Group president and COO Dirk McMahon plans to retire April 1.
In a regulatory filing published Feb. 7, the company said Mr. McMahon has worked for UnitedHealth Group for 20 years. Mr. McMahon, 64, met the requirements to receive retirement benefits as part of his compensation package, according to the filing.
"Mr. McMahon helped the people of UnitedHealthcare and Optum consistently deliver strong, market-leading growth and performance, while continuing to build the consumer, clinical and technological capabilities the organization needs to deliver on its mission and bring value-based care to millions more people across the health system," UnitedHealth Group said in the filing.
Mr. McMahon was named COO in 2021. He previously served as CEO of UnitedHealthcare and COO of Optum.