CEO of UnitedHealthcare shot and killed in NYC: VIDEO

(VIDEO FOM CNN NEWSOURCE)

The CEO of United Healthcare was shot and killed in front of the New York Hilton Hotel in Manhattan this morning. United Healthcare is the country’s largest health insurer.

Brian Thompson was on his way to attend a conference that the health care firm was holding at the hotel. UnitedHealthcare’s Investor Conference was scheduled to begin at 8 a.m. The shooting occurred before 7 a.m. It appeared as if the gunman had targeted Thompson and was waiting for him to show up at the hotel.

Brian Thompson, CEO of UnitedHealth Care

A witness said that the gunman was wearing a mask and ran from the scene after the shooting. It was reported that the gunman was seen running past the Ziegfeld Theater on 54th Street.

Police had cordoned off the crime scene and were observed marking the locations of what was believed to be evidence.

The gunman was about 20 feet away from Thompson when he opened fire and Thompson was hit. The New York Police Department said that Thompson was taken to Mount Sinai Hospital, where he was pronounced dead.

UnitedHealth Group today issued the following statement:

“We are deeply saddened and shocked at the passing of our dear friend and colleague Brian Thompson, the CEO of UnitedHealthcare. Brian was a highly respected colleague and friend to all who worked with him. 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.”

UnitedHealth Group was scheduled to introduce its 2025 outlook, but it was canceled in light of today’s events. The outlook, which was released before the scheduled conference, includes revenues of $450 billion to $455 billion, net earnings of $28.15 to $28.65 per share and adjusted net earnings of $29.50 to $30.00 per share. Adjusted net earnings only excludes the after-tax non-cash amortization expense pertaining to acquisition-related intangible assets. Cash flows from operations are expected to range from $32 billion to $33 billion.

As announced in the third quarter earnings release, UnitedHealth Group 2024 net earnings are expected to be $15.50 to $15.75 per share and adjusted net earnings $27.50 to $27.75 per share.

Thompson became CEO of UnitedHealthcare in April of 2021. Thompson joined UnitedHealth Group in 2004 and has held numerous leadership positions including chief financial officer for UnitedHealthcare’s Employer & Individual, Community & State and Medicare & Retirement businesses. In addition, Thompson has served as the financial controller for UnitedHealthcare’s Employer & Individual business and a director in Corporate Development. Thompson was 50 years old.

This is a developing story and will be updated as new information is received.