Trump CDC Nominee Erica Schwartz Pledges to Resign from UnitedHealth, Divest Healthcare Holdings if Confirmed

Erica Schwartz, President Donald Trump's nominee to lead the Centers for Disease Control and Prevention, pledges to resign from UnitedHealth Group and divest her healthcare holdings if confirmed. According to a June 16, 2026, ethics disclosure, Schwartz will receive a year's salary and bonus from UnitedHealth Group, divest stock in Butterfly Network and Aveanna Healthcare Holdings within 90 days, and recuse herself from matters involving her former employers.

Schwartz CDC nomination ethics commitments

• ▪Erica Schwartz committed to avoid acquiring direct financial interests in industries affected by the Department of Health and Human Services, including pharmaceuticals, healthcare, and insurance
• ▪Erica Schwartz, the nominee to lead the Centers for Disease Control and Prevention, submitted a financial disclosure letter dated June 16, 2026, to the ethics counsel

UnitedHealth employment termination compensation

• ▪UnitedHealth Group agreed to cash out Erica Schwartz's unvested restricted stock units and stock options that would have vested between August 2026 and August 2027
• ▪Erica Schwartz will end her employment with UnitedHealth Group upon confirmation and receive a cash payment equal to one year's salary and a bonus

Healthcare holdings divestiture requirements

• ▪Erica Schwartz committed to divest her stock in Butterfly Network and Aveanna Healthcare Holdings within 90 days of her confirmation
• ▪Erica Schwartz committed to divest any UnitedHealth Group stock obtained through vested stock options no later than 90 days after her confirmation

Board position resignations

• ▪Erica Schwartz committed to resign from her board positions at Butterfly Network and Aveanna Healthcare Holdings if confirmed
• ▪Erica Schwartz committed to resign from her position at the Searching for Solutions Institute foundation if confirmed

Recusal obligations former employers

• ▪Erica Schwartz committed to recuse herself for two years from specific-party matters involving UnitedHealth Group after receiving her last cash payment
• ▪Erica Schwartz will face recusal obligations tied to accelerated equity awards and compensation from Butterfly Network and Aveanna Healthcare Holdings