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The CEO of UnitedHealthcare, one of the largest health insurance companies in the US, was tragically gunned down on Wednesday in a targeted attack outside a New York hotel. The chilling incident, which unfolded in broad daylight, has left many in the business world stunned and raised questions about the increasing danger facing corporate leaders.
Local media have reported that the shooting appears to have been deliberate, though the motives remain unclear.
As the search for the killer intensifies, law enforcement officials have launched a sweeping manhunt, sealing off entire blocks around the Hilton hotel where the tragic shooting took place. Detectives have been meticulously combing through the area, conducting a fingertip search of the downtown streets in hopes of uncovering crucial evidence. The city is on edge as the killer remains at large, and authorities vow to leave no stone unturned in their pursuit of justice.
As a cornerstone of the U.S. private healthcare system, UnitedHealthcare stands at the forefront, providing comprehensive workplace insurance benefits to employees across the nation. Beyond these offerings, the company plays a key role in administering Medicare and Medicaid, which support elderly and low-income individuals, funded through state budgets.
This dual impact—on both working Americans and those in need of government assistance—cements UnitedHealthcare’s position as a powerhouse in the healthcare industry.
According to The New York Times, Brian Thompson, 50, was gunned down just before 7:00 a.m. outside a hotel located in the heart of Manhattan’s Midtown. Initial reports from CNBC raise the possibility that a silencer was employed, suggesting a deliberate and methodical approach to the crime. The quiet, almost clinical nature of the shooting only intensifies the sense that Thompson was targeted in a cold-blooded hit.
The gunman, described as wearing a black face mask, then fled the scene. Police confirmed a shooting at the location with officers swarming around the area near the hotel, a usually busy corner of Manhattan that would have been filled with commuters at the time of the shooting.
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UnitedHealth Group, the parent company of UHC, had revenues of $100.8 billion in the third quarter of the year. UnitedHealthcare’s Employer and Individual products are used by almost 30 million people in the United States according to an investor presentation.
Thompson’s total compensation in 2023 was $10.2 million according to a regulatory filing. He had been chief executive of UnitedHealthcare since April 2021, according to a separate Securities and Exchange Commission filing.
Before that, he oversaw UnitedHealthcare’s government programs including Medicare from July 2019 to April 2021. The company was due to hold an investor day in New York on Wednesday at which Thompson was scheduled to deliver a keynote speech.
The event has subsequently been canceled, CNBC reported, and the company did not respond to an AFP request for comment.
The New York Hilton Midtown is one of the city’s biggest hotels, popular with tourists and business travelers, and describes itself as Manhattan’s largest self-contained function space.
It was not answering calls in the wake of the incident. Outside the hotel, senior police commanders briefed officers, as plainclothes detectives passed by upturned paper cups marking evidence