The chief executive of one of America’s largest health insurance companies was shot and killed Wednesday morning in Manhattan.
Brian Thompson, 50, CEO of UnitedHealthcare, was shot outside the midtown hotel where its parent company, UnitedHealth Group (UNH), was set to hold its investor conference.
“We are deeply saddened and shocked at the passing of our dear friend and colleague,” the company said in a statement Wednesday. “Brian was a highly respected colleague and friend to all who worked with him.”
The company said it is working closely with the NYPD.
A search is still underway for the gunman, who fled the scene wearing a black face mask, according to reports.
UnitedHealth CEO Andrew Witty halted the investor conference shortly after 9:00 a.m. ET, telling the crowd, “We’re dealing with a very serious medical situation,” according to Bloomberg.
Thompson was named CEO of UnitedHealthcare in April 2021 and had previously held other leadership positions including the head of UnitedHealthcare government programs and Medicare and retirement. He joined UnitedHealth Group in 2004.
UnitedHealth stock rose 1% Wednesday after the company announced 2025 financial targets on Tuesday that showed adjusted earnings per share are set to rise to $29.50-$30.00 from $27.50-$27.75 in 2024.
Yahoo Finance’s Rachel Sherman contributed to this story.
Hamza Shaban is a reporter for Yahoo Finance covering markets and the economy. Follow Hamza on X @hshaban.
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