UnitedHealthcare (UHC) medical health insurance firm signage is displayed on an workplace constructing in Phoenix, Arizona on July 19, 2023.
Patrick T. Fallon | Afp | Getty Images
Brian Thompson, the CEO of UnitedHealth Group‘s insurance coverage unit, was fatally shot exterior the Hilton Hotel in midtown Manhattan on Wednesday morning, in what’s believed to be a focused assault, an individual conversant in the matter informed CNBC.
UnitedHealth Group canceled its investor day set for Wednesday after experiences of the taking pictures emerged. Thompson led UnitedHealthcare, the biggest non-public well being insurer within the U.S.
UnitedHealth Group is the largest well being care conglomerate within the United States based mostly on income and its roughly $563 billion market cap. UnitedHealthcare posted greater than $281 billion in income final 12 months. Shares of UnitedHealth Group rose almost 1% on Wednesday.
Thompson had labored for United Health for simply over 20 years, becoming a member of the corporate in April 2004 after spending almost seven years at PwC, in keeping with his LinkedIn web page. He stepped in as CEO of UnitedHealthcare in April 2021 after serving as the highest government of the insurance coverage unit’s authorities applications.
Thompson was a resident of Maple Grove, Minnesota and graduated valedictorian on the University of Iowa.
Brian Thompson, CEO of UnitedHealthcare
Courtesy: UnitedHealth Group
The suspect within the taking pictures is described as utilizing a firearm with a silencer, the particular person mentioned. The suspect can be described as a white male carrying a black hoodie, black pants, black sneakers with a white trim and a grey backpack, the particular person added.
A spokesperson for the New York Police Department confirmed {that a} 50-year-old male was shot in entrance of 1335 Avenue of the Americas in midtown Manhattan at 6:46 a.m. ET on Wednesday. But the spokesperson didn’t verify the identification of the person.
A proper report from the division mentioned upon arrival, the person was unconscious and unresponsive with a gunshot wound to the chest. Emergency medical providers responded and transported the person to the Mount Sinai West hospital in crucial situation and he was later pronounced deceased.
No arrests have been made and an investigation is ongoing, they added.
Police officers stand close to the scene the place the CEO of United Healthcare Brian Thompson was reportedly shot and killed in Midtown Manhattan, in New York City, US, December 4, 2024.
Shannon Stapleton | Reuters
A sizzling canine vendor close to the Hilton who was current at 6:30 a.m. ET mentioned he didn’t hear any gunshots however seen a sudden swarm of police. A Hilton doorman who started his shift at 7:00 am ET mentioned the whole lot seemed to be “fairly regular” on the resort. Both folks requested to not be named.
UnitedHealth Group was internet hosting its investor day on the New York Hilton resort in midtown. The firm didn’t verify the taking pictures throughout its investor day however canceled the occasion when it acknowledged a “medical scenario” with an worker.
“I’m afraid that we – a few of you could know we’re coping with very critical medical scenario with one in all our group members,” Chief Executive Officer Andrew Witty mentioned in the course of the investor day, in keeping with a transcript. “And in consequence, I’m afraid we will should bring to a halt the occasion right this moment, which I’m certain you may perceive.”
UnitedHealth Group didn’t instantly reply to a request for remark.
This is breaking information. Please refresh for updates.
— CNBC’s Ester Bloom contributed to this report
