UnitedHealthcare CEO Brian Thompson was killed in a suspected targeted shooting outside a Manhattan hotel where the company was holding an investor conference. Flags at the company's headquarters in Minnetonka, Minn., were lowered to half-staff in his honor.
UnitedHealthcare CEO Brian Thompson was killed Wednesday morning in what investigators suspect was a targeted shooting outside a Manhattan hotel where the health insurer was holding an investor conference.The UnitedHealthcare headquarters in Minnetonka, Minn., lowered its flags to half-staff on Wednesday, Dec. 4, 2024, in honor of CEO Brian Thompson , who was fatally shot outside a hotel in New York.
Thompson, who was 50, had run the insurance arm of health care giant UnitedHealth Group Inc. since 2021 and had worked at the company for 20 years. As CEO, Thompson led a business that provides health coverage for more than 49 million Americans. United is the largest provider of Medicare Advantage plans, the privately run versions of the U.S. government’s Medicare program for people age 65 and older. The company also sells individual insurance and administers health insurance coverage for thousands of employers and state-and federally funded Medicaid programs.
The portfolio Thompson managed generated $74 billion in revenue in the most recent quarter, making it the largest subsidiary of Minnetonka, Minnesota-based UnitedHealth Group. His $10.2 million annual compensation package, including salary, bonus and stock options awards, made him one of the company’s highest-paid executives.The University of Iowa graduate who began his career as a certified public accountant had little name recognition beyond the industry.
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