02:37 PM EST, 12/04/2024 (MT Newswires) -- UnitedHealth Group ( UNH ) said Wednesday that Brian Thompson, chief executive of its insurance business, died, following reports that he was fatally shot in New York.

At a press conference, New York City Police Commissioner Jessica Tisch said preliminary evidence suggests that it was a targeted attack. The shooter is still at large.

"We are deeply saddened and shocked at the passing of" Thompson, UnitedHealth Group ( UNH ) wrote in a statement. "We are working closely with the New York Police Department."

Earlier in the day, the health insurer ended its annual investor conference early as a company official said "we're dealing with a very serious medical situation with one of our team members," according to a FactSet transcript.

On Tuesday, the company introduced a 2025 outlook that included sales in the $450 billion to $455 billion range. The company projected adjusted earnings per share of $29.50 to $30 in 2025.

At the time, UnitedHealth Group ( UNH ) said it continued to see 2024 adjusted EPS of $27.50 to $27.75.

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