Tragedy in Midtown: CEO Brian Thompson's Fatal Encounter
Brian Thompson, CEO of UnitedHealth’s insurance unit, was fatally shot in a targeted attack in Manhattan. UnitedHealthcare is a prominent health insurer, covering over 50 million Americans and generating substantial revenue. The company is a major part of UnitedHealth Group, alongside Optum, with significant financial growth under Thompson's leadership.
In a shocking tragedy on Wednesday morning, Brian Thompson, the CEO of UnitedHealth's insurance unit, was killed in Midtown Manhattan. Police have called the incident a targeted attack, carried out by a masked assailant awaiting Thompson outside the annual investor conference at a nearby Hilton Hotel.
Thompson, aged 50, contributed 20 years to UnitedHealth Group, holding the CEO position of its large insurance unit, UnitedHealthcare, since April 2021. UnitedHealthcare, the largest health insurer in the U.S., provides benefits to over 50 million Americans and generated $281.4 billion in 2023. The unit stands as a crucial part of UnitedHealth Group's $560 billion health conglomerate.
Under Thompson's leadership, UnitedHealthcare substantially grew its domestic coverage numbers. The company saw its profitability soar, with the insurance business earning $16.4 billion in 2023. UnitedHealthcare's importance is accentuated within the UnitedHealth structure, comprising health services alongside Optum, known for pharmacy management and technical innovations.
(With inputs from agencies.)