The portfolio Thompson managed generated USD 74 billion in revenue in the most recent quarter, making it the largest subsidiary of Minnetonka, Minnesota-based UnitedHealth Group
A masked gunman shot dead top US health insurance executive Brian Thomspson outside a New York hotel on December 4 in an apparently targeted hit. Thompson was gunned down as he prepared to address investors with the gunman firing several times before using a rented bike to flee in the direction of Central Park, police said. Pic/AFP
Even though Brian Thompson led one of the biggest health insurers in the US, he was largely unknown to the millions of people affected by his decision-making. Wednesday's fatal shooting of the United Healthcare CEO on a midtown Manhattan sidewalk - which police call a targeted killing - thrust the executive and his business into the spotlight.
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Thompson, who was 50, had run the insurance arm of health care giant UnitedHealth Group Inc. since 2021 and had worked at the company for 20 years. As CEO, Thompson led a business that provides health coverage for more than 49 million Americans. United is the largest provider of Medicare Advantage plans, the privately run versions of the US government's Medicare programme for people age 65 and older. The company also sells individual insurance and administers health insurance coverage for thousands of employers and state-and federally funded Medicaid programmes.
Brian Thomspson. Pic/AFP
The portfolio Thompson managed generated USD 74 billion in revenue in the most recent quarter, making it the largest subsidiary of Minnetonka, Minnesota-based UnitedHealth Group. His USD 10.2 million annual compensation package, including salary, bonus and stock options awards, made him one of the company's highest-paid executives. The University of Iowa graduate who began his career as a certified public accountant had little name recognition beyond the industry. Even to investors who own its stock, the public face of the parent company belonged to CEO Andrew Witty, a knighted British triathlete who has testified before Congress.
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