Nov. 12 (Bloomberg) — UnitedHealth Group Inc. created a new office of the chief executive officer and announced a new head of its insurance business in a shakeup at the biggest U.S. health insurer.

The changes gives David Wichmann, previously the company's chief financial officer, control of UnitedHealthcare, the company's insurance products unit and its biggest line of business. Wichmann, 52, replaces Gail Boudreaux, who will leave, the company said in a statement today.

"We are bringing forward the next generation of leaders," CEO Stephen Hemsley, 62, said in the statement. Boudreaux, 54, was leaving after meeting performance goals set in 2008, when she joined the company, he said. The statement didn't say what she'll do next.

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