News
  • Login
  • Home
  • News
  • Sport
  • Worklife
  • Travel
  • Reel
  • Future
  • More
Wednesday, April 29, 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

    What happened when Rebel Wilson gave evidence in court?

    Former FBI director James Comey charged with threatening Trump’s life in Instagram post

    Oil tycoons deny paying bribes to former Nigerian minister

    Australian mother who faked son's cancer to fund 'lavish' lifestyle jailed

    Ex-TV showgirl's pardon at centre of widening Italian scandal

    The other life of US soldier accused of Polymarket betting on Maduro’s removal

    United Arab Emirates to quit oil cartel Opec

    Five takeaways from the King’s historic address to US Congress

    Man who murdered UK dad in Australia declared mentally unfit for trial

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

    In pictures: King joins Trump for White House banquet and delivers historic Congress speech

    How the changing face of farming is reflected in Scotland's election

    Reform is not racist, Welsh leader says in Senedd election debate

    NI homes to get smart meters from 2028

    US special relationship is ‘probably Israel’, says UK ambassador

    World Championship 2026: Defending champion Zhao Xintong fights back against Shaun Murphy

    Keir Starmer faces vote on inquiry over Mandelson vetting claims

    What's the score with Scotland's World Cup holiday – and will schools be off?

    Family's plea to save dream Disney trip for girl, 6, left blind by brain tumour

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

    Face serum advert banned over 'five years younger' claim

    What is the windfall tax on oil and gas companies?

    A fresh financial crisis may be coming – it won't play out like the last one

    My tenant owes £15,000 in rent, but I can’t get them out of the property

    European flight prices are falling in short term, Wizz Air boss says

    'I don't want the children to see how worried we are': UK family finances hit by Iran war

    Oil prices rise as US-Iran peace talks stall

    How long has fast food been around and when did it become popular?

    Three ways the latest inflation figures affect you

  • 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

What is the windfall tax on oil and gas companies?

April 29, 2026
0

The levy was introduced in 2022 after soaring energy company profits and is due to run until 2030. ...

European flight prices are falling in short term, Wizz Air boss says

April 28, 2026
0

While many airlines say they are raising prices due to high fuel costs, József Váradi says European airlines are...

How long has fast food been around and when did it become popular?

April 27, 2026
0

While American fast food chains didn’t start to have a presence in the UK until the 1960s, there were...

  • 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

£20m mystery gift buys London Zoo new hospital where you can watch vets work

April 29, 2026

In pictures: King joins Trump for White House banquet and delivers historic Congress speech

April 29, 2026

Megan Thee Stallion pulls out of Moulin Rouge show

April 29, 2026

Categories

Science

£20m mystery gift buys London Zoo new hospital where you can watch vets work

April 29, 2026
0

Visitors will be able to watch live veterinary procedures inside a state-of-the-art new animal hospital. Source link

Read more

In pictures: King joins Trump for White House banquet and delivers historic Congress speech

April 29, 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