UnitedHealthcare has named a new CEO almost two months after its previous CEO, Brian Thompson was killed in New York.
They have appointed veteran Tim Noel in the role. Noel has been with the company for almost 20 years and according to the website, was head of their Medicare and retirement division.
According to a statement emailed to news outlets, Noel “brings unparalleled experience to this role with a proven track record and strong commitment to improving how health care works for consumers, physicians, employers, governments and our other partners”.
Thompson was appointed the CEO of the company in 2021 after working at the company since 2004 and 26-year-old Luigi Mangione faces 11 counts for Thompsons murder. Mangione pled not guilty to state murder and terror charges.
The 4 December murder sparked an array of reactions online, from public scrutiny of the practices of insurance companies and healthcare in the U.S. to companies taking extra security measures to protect head executives.
The new CEO announcement comes not long after UnitedHealthcare announced that their profits for the fourth quarter and full year of 2024 were better than expected.
At the time of writing, UnitedHealth Group's stock price is approximately US$529.11, and its market cap is around US$487.54 billion (A$776.1 billion).
