Dive Brief:

An activist investor group is asking UnitedHealth to change its bylaws to prevent its chief executive officer and board chair from being the same person, arguing it will improve oversight during a difficult time for the healthcare behemoth.

The Accountability Board filed a formal proposal on Friday in response to Stephen Hemsley, the chair of UnitedHealth’s board, also being named CEO of the company in May after former CEO Andrew Witty’s surprise resignation.

The move undercut the board’s traditional checks and balances by consolidating executive power, according to the Accountability Board. UnitedHealth declined to comment on the proposal.

Dive Insight:

UnitedHealth is facing a sea of recent difficulties, including a massive cyberattack requiring billions of dollars

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