News
  • Login
  • Home
  • News
  • Sport
  • Worklife
  • Travel
  • Reel
  • Future
  • More
Wednesday, June 24, 2026
No Result
View All Result

NEWS

3 °c
London
8 ° Wed
9 ° Thu
11 ° Fri
13 ° Sat
  • Home
  • Video
  • World
    • All
    • Africa
    • Asia
    • Australia
    • Europe
    • Latin America
    • Middle East
    • US & Canada

    Sydney shark attack victim wakes up from induced coma

    Bondi Beach shooting hero pleads not guilty to assaulting his father

    Watch: Football fans celebrate in Ghana after draw with England

    Pakistan activist Mahrang Baloch given life sentence over soldier’s killing at rally

    Temperatures hit record levels in western Europe

    Trump plans to build powerful ties with Colombia under new leader

    Israeli troops kill two in south Lebanon after lull in fighting, authorities say

    Clean sweep for Mamdani-backed candidates in New York’s Democratic primary

    How is Australia's under-16 ban working out?

  • UK
    • All
    • England
    • N. Ireland
    • Politics
    • Scotland
    • Wales

    The Papers: 'Heat engulfs UK' and 'Ghana be alright'

    World Cup 2026: Scotland v Brazil – Carlo Ancelotti’s quest for World Cup glory

    Abersoch beach hut with no power goes on sale for £200k

    How has the Northern Ireland economy performed since Brexit?

    Andy Burnham likely to replace Reeves if he becomes PM

    Hundreds of schools plan closures ahead of red heat alerts

    Peter Murrell to be sentenced for embezzling SNP funds

    Protected seabed damaged by fishing is showing signs of recovery

    Gareth Bale: Why former Wales and Real Madrid star wants to go from icon to investor

  • Business
    • All
    • Companies
    • Connected World
    • Economy
    • Entrepreneurship
    • Global Trade
    • Technology of Business

    Chinese e-commerce giant Alibaba sues US government over defence blacklist

    Who could be the UK’s next chancellor?

    The economic challenges facing the next prime minister

    Australia’s coal and gas exports violate our human rights, group says in new UN case

    Alan Greenspan, architect of the modern American economy, dies aged 100

    Toy Story 5 scores record opening weekend for franchise

    Warning over 'fragile' public finances as borrowing rises

    Money Box – Pension delays and fraud figures

    Who had the best World Cup advert?

  • Tech
  • Entertainment & Arts

    Dancers say Lizzo ‘needs to be held accountable’ over harassment claims

    Freddie Mercury: Contents of former home being sold at auction

    Harry Potter and the Cursed Child marks seven years in West End

    Sinéad O’Connor: In her own words

    Tom Jones: Neighbour surprised to find singer in flat below

    BBC presenter: What is the evidence?

    Watch: The latest on BBC presenter story… in under a minute

    Watch: George Alagiah’s extraordinary career

    BBC News presenter pays tribute to ‘much loved’ colleague George Alagiah

    Excited filmgoers: 'Barbie is everything'

  • Science
  • Health
  • In Pictures
  • Reality Check
  • Have your say
  • More
    • Newsbeat
    • Long Reads

NEWS

No Result
View All Result
Home Business Companies

Who is UnitedHealth CEO shot dead in New York?

December 5, 2024
in Companies
6 min read
250 3
0
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter


Unitedhealth UnitedHealth CEO Brian Thompson looking at the camera wearing a zip-up jacket over a blue shirtUnitedhealth

UnitedHealth CEO Brian Thompson was shot dead on a New York City street

Brian Thompson, the US health care insurance CEO who was gunned down in an apparent targeted attack in Manhattan on Wednesday, had been receiving threats related to medical “coverage”, according to his widow.

“There had been some threats,” Paulette Thompson told NBC. “Basically, I don’t know, a lack of [medical] coverage? I don’t know details.”

“I just know that he said there were some people that had been threatening him.”

Mr Thompson, who worked at UnitedHealth for several decades before rising to chief executive, was shot in the back by an unknown assailant who is now the target of a police manhunt.

The suspect used a silencer attached to a pistol as he arrived at a hotel in Midtown Manhattan to speak at an insurance conference.

Police have not identified the killer or announced any suspected motive. The killer fled into Central Park following the attack and is still at large.

‘Loving father’ and ‘respected colleague’

Mr Thompson’s death was mourned by family and colleagues.

“We are shattered to hear about the senseless killing of our beloved Brian,” his sister-in-law said in a statement issued on behalf of the family.

“Brian was an incredibly loving, generous, talented man who truly lived life to the fullest and touched so many lives,” she said.

She also added that he was “an incredibly loving father” to the couple’s two sons.

UnitedHealth Group said it was “deeply saddened and shocked” by his death.

“Brian was a highly respected colleague and friend to all who worked with him,” the company said in statement.

“We are working closely with the New York Police Department and ask for your patience and understanding during this difficult time. Our hearts go out to Brian’s family and all who were close to him.”

CEO of the US’s largest private health insurer

Mr Thompson, who lived in a suburb of Minneapolis, Minnesota, was named chief executive of UnitedHealth in April 2021.

He made $10.2m (£8m) from the company last year. In 2022, he made $9.8m and in 2021 he made $9.6m.

He started at the health insurance provider in 2004, and has held multiple leadership roles, including CEO of the company’s government programmes division.

UnitedHealth is the largest private insurer in the US.

Prior to starting at UnitedHealth, Mr Thompson was a manager at PwC for a number of years, according to his LinkedIn account.

He graduated from the University of Iowa in 1997 with a bachelor’s in business administration, it adds.

Allegations of fraud

Mr Thompson had been facing insider trading allegations.

A class-action lawsuit filed by a pension fund in May 2024 alleged that Mr Thompson sold $15m of his UnitedHealth shares when he knew that the company was under investigation by the US Department of Justice.

Officials were looking into whether the company violated US antitrust law, according to an investigation made public by a report in the Wall Street Journal in February.

The BBC has contacted UnitedHealth for comment.

UnitedHealth is a huge company with interests in insurance, health care providers, pharmacy services and health data. In 2023 it had more than $371bn in revenues.

According to court documents, the company has purchased more than 35 healthcare companies over the last 10 years. Justice department investigators have been looking into whether it used its market power to reduce competition, hurting customers and employees.

The Wall Street Journal reported that officials interviewed healthcare industry representatives, and were asking questions about “possible effects of the company’s doctor-group acquisitions on rivals and consumers”.

The City of Hollywood Firefighters’ Pension Fund initiated a complaint against Mr Thompson and other executives, accusing them of failing to tell investors about the investigation before selling a total of more than $117m in company stock.

As long-term investors who buy large amounts of stock, pension funds often take action on behalf of shareholders, and proposed a class-action lawsuit against UnitedHealth.

The lawsuit remains active.

Police handout The attacker dressed in black with a hood and mask seen in a police handout photoPolice handout

Thompson’s attacker fled into Central Park and is currently at large

The company is also facing legal action over its proposed takeover of a rival healthcare company.

UnitedHealth offered to buy Amedisys, a provider of home healthcare and hospice services, for $3.3bn (£2.6bn).

But on 12 November, the justice department sued to stop the merger, alleging it would eliminate competition and “harm patients who receive home health and hospice services, insurers who contract for home health services, and nurses who provide home health and hospice services”.

UnitedHealth responded that the merger would be “pro-competitive and further innovation, leading to improved patient outcomes and greater access to quality care”. It described the justice department suit as an “overreaching interpretation of the antitrust laws”.

Under President Joe Biden’s administration, the justice department has stepped up its enforcement of US antitrust laws, which aim to prevent industrial monopolies and encourage competition between companies.



Source link

Tags: CEOdeadshotUnitedHealthYork

Related Posts

Who could be the UK’s next chancellor?

June 24, 2026
0

Miliband is the bookmakers' second favourite pick, with the former Labour party leader politically closer to Burnham than Streeting.Paul...

Who had the best World Cup advert?

June 21, 2026
0

BBC Sport looks at the numbers behind both Nike and Adidas' World Cup adverts. Source link

Why was 'awful' school toilet paper a bestseller for so long?

June 20, 2026
0

Many agree it was unpleasant to use, yet somehow Izal toilet paper was a bestseller for years. Source...

  • Australia helicopter collision: Mid-air clash wreckage covers Gold Coast

    523 shares
    Share 209 Tweet 131
  • UK inflation: Supermarkets say price rises will ease soon

    515 shares
    Share 206 Tweet 129
  • Ballyjamesduff: Man dies after hit-and-run in County Cavan

    510 shares
    Share 204 Tweet 128
  • Somalia: Rare access to its US-funded 'lightning commando brigade

    508 shares
    Share 203 Tweet 127
  • Google faces new multi-billion advertising lawsuit

    508 shares
    Share 203 Tweet 127
  • Trending
  • Comments
  • Latest

Australia helicopter collision: Mid-air clash wreckage covers Gold Coast

January 10, 2023

UK inflation: Supermarkets say price rises will ease soon

April 19, 2023

Ballyjamesduff: Man dies after hit-and-run in County Cavan

August 19, 2022

Stranger Things actor Jamie Campbell Bower praised for addiction post

0

NHS to close Tavistock child gender identity clinic

0

Cold sores traced back to kissing in Bronze Age by Cambridge research

0

Survey finds ‘significantly more’ ancient woodland in Hertfordshire

June 24, 2026

The Papers: 'Heat engulfs UK' and 'Ghana be alright'

June 24, 2026

Olivia Rodrigo album gets us talking about authenticity

June 24, 2026

Categories

Science

Survey finds ‘significantly more’ ancient woodland in Hertfordshire

June 24, 2026
0

There is "significantly more" ancient woodland in Hertfordshire than previously recorded, new information confirmed.The Herts and Middlesex Wildlife Trust...

Read more

The Papers: 'Heat engulfs UK' and 'Ghana be alright'

June 24, 2026
News

Copyright © 2020 JBC News Powered by JOOJ.us

Explore the JBC

  • Home
  • News
  • Sport
  • Worklife
  • Travel
  • Reel
  • Future
  • More

Follow Us

  • Home Main
  • Video
  • World
  • Top News
  • Business
  • Sport
  • Tech
  • UK
  • In Pictures
  • Health
  • Reality Check
  • Science
  • Entertainment & Arts
  • Login

Copyright © 2020 JBC News Powered by JOOJ.us

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
News
More Sites

    MORE

  • Home
  • News
  • Sport
  • Worklife
  • Travel
  • Reel
  • Future
  • More
  • News

    JBC News