UnitedHealth Names New Medicaid CEO in Latest Executive Move

UnitedHealth Group Inc. promoted a new leader for the company’s Medicaid insurance segment, filling a role that was vacant after recent executive changes.

Longtime insurance executive Mike Cotton will lead the Medicaid unit, the company confirmed to Bloomberg News. Bobby Hunter, head of the Medicare insurance division, is taking on an expanded role as chief executive officer of government programs, overseeing both Medicaid and Medicare, the company said.

The moves are the latest since board chair Stephen Hemsley returned as CEO following the company’s withdrawal of its financial forecast, which sent shares cratering. Government programs, including Medicare for the ...