UnitedHealthcare Leader Brian Thompson killed in New York

The CEO of UnitedHealth Group’s insurance division, Brian Thompson, was shot and killed Wednesday morning outside the Hilton Hotel in midtown Manhattan in what is thought to have been a targeted assault. The shooting was reported, so UnitedHealth Group canceled its investor day for Wednesday at the Hilton.

UnitedHealthcare, the biggest private health insurer in the United States, was led by Thompson.  According to a New York Police Department spokesperson, a man in his 50s was shot Wednesday in front of 1335 Avenue of the Americas in New York. The spokesperson, however, did not verify the man’s identity.

Emergency medical personnel arrived and took the man to Mount Sinai West Hospital in critical condition after he was shot in the chest, according to a departmental report. He was later declared dead. According to the department, an investigation is still underway and no arrests have been made.

The suspect in the shooting is said to have used a gun with a silencer. UnitedHealth Group is the largest healthcare conglomerate in the US  With a market valuation of about $563 billion and revenue,  over two-thirds of UnitedHealth Group’s 2023 revenue came from UnitedHealthcare, which reported more than $281 billion in revenue last year.

Thompson had been working for United Health for over 20 years. He joined the company in April 2004 after working for PwC for almost seven years. After serving as the head of the insurance unit’s government programs, he was appointed CEO of UnitedHealthcare in April 2021.

Thompson was the University of Iowa’s valedictorian graduate and a native of Maple Grove, Minnesota, a Minneapolis suburb. A request for comment from UnitedHealth Group was not immediately answered. The consequences of a ransomware attack that targeted UnitedHealth Group’s medical claims processing business, Change Healthcare, in February are still being felt. At least 100 million people’s protected health information was jeopardized in the attack.

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
ABOUT THE AUTHOR See More
Olumide Adesina
Financial Market Writer
Olumide Adesina is a French-born Nigerian financial writer. He tracks, analyzes, and reports changes in financial markets with over 15 years of working experience in investment trading.
Related Articles
Comments
0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Add 3442

Add 3440

XM

Best Forex Brokers