UnitedHealth Group the new head of its insurance division, UnitedHealthcare, announced Thursday after last month’s alleged targeted killing of former CEO Brian Thompson.
Tim Noel, who most recently served as CEO of UnitedHealth Group’s Medicare and retirement business, will take the top job at UnitedHealthcare following Thompson’s killing. Noel has worked for the company since 2007.
UnitedHealth Group said in a statement that Noel “brings unparalleled experience to this role with a proven track record and strong commitment to making health care work better for consumers, physicians, employers, governments and our other partners.” .
UnitedHealthcare is the the largest American health insurer and provides benefits to more than 50 million Americans.
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Thompson was shot and killed Dec. 4 in Manhattan, where he was preparing to attend the company’s investor day. Law enforcement officials called the killing a “premeditated and targeted attack.”
Teleprinter | Security | Last | Change | Change % |
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UNH | UNITEDHEALTH GROUP INC. | 529.66 | +10.34 | +1.99% |
Thompson has worked for the company for more than 20 years and previously served as chief financial officer for several of the company’s businesses, including its employer and individual, community and state, and Medicare and retirement divisions, before becoming CEO of UnitedHealthcare.
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Luigi Mangione was arrested and accused of murder in the murder, and he also faces charges related to stalking, firearms and false ID. Mangione faces federal charges as well as charges in New York and Pennsylvania, where he was apprehended after a manhunt.
Dozens of people online praised Mangione for allegedly committing the murder, using the crime as an opportunity to release frustrations with the American healthcare system.
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Last week, UnitedHealth Group announced its latest earnings report in which CEO Andrew Witty thanked the public for the “overwhelming expressions of condolence and support” following Thompson’s killing.
“Many of you knew Brian personally. You knew how much he meant to all of us and how much he devoted his time to helping make the health care system work better for all those who had the privilege to serve,” Witty said. Thompson would “dive in with passion and care to find solutions to improve experiences, whether for an individual consumer, an employer, or a public health agency.”
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“The people at UnitedHealth Group remain committed to making high-quality, affordable health care more accessible to more people while making the health care system easier to navigate for patients and providers, positioning us well. position for growth in 2025.”
Daniella Genovese of FOX Business and Reuters contributed to this report.