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.
UnitedHealth CEO Andrew Witty halted the conference shortly after 9:00 a.m. ET, telling the crowd, “We’re dealing with a very serious medical situation,” according to Bloomberg.
The NYPD confirmed a shooting at the address of the New York Hilton Midtown where UnitedHealth’s conference was set to begin at 8:00 a.m. ET. Police said the victim was later pronounced dead at a Manhattan hospital.
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% early 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.
This is a breaking news story. Updates to follow.
Hamza Shaban is a reporter for Yahoo Finance covering markets and the economy. Follow Hamza on X @hshaban.
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