1w ago

UnitedHealthcare names new boss after former CEO killed

www.bbc.com UnitedHealthcare names new boss after former CEO killed

The company's former chief executive Brian Thompson was shot and killed in December.

Summary

UnitedHealthcare has appointed Tim Noel as CEO, following the December 4 killing of former chief Brian Thompson in Manhattan.

Noel, a company veteran, takes charge as public anger grows over U.S. healthcare costs.

Thompson’s death sparked debates on the industry and led to a five-day manhunt.

Suspect Luigi Mangione, arrested in Pennsylvania, faces 11 state charges, including terrorism-related murder, and federal charges that could result in the death penalty.

36 comments

🤞

I hope that his life insurance company is better at paying out than United is.
- I hope his premium skyrockets over increased risk

Of all the times companies hire from outside the company, this would have been an appropriate one. Instead, let's go with someone who comfortably knows the system and won't rock the boat. Heck, if an outsider were hired with a "it's time to make some changes" message, at least PR could have something to spin.
Interesting name.
- Tim Health

And what percentage of premiums will be going directly in his pocket?

I’m surprised anyone’s willing to take that role.

I'd like to know how many more dollars he got for taking this job, dollars coming from the people, not the revenue...
But if something happens to him too ( I hope not), things will go south soooo deep

They killed another one?
- Yeah I misread that too

Reminder that CEOs are just the mouthpiece, it's senior board members that are the real problem, the ones making the actual decisions and putting profits over anything and everything else.
For some reason, that information has been purged recently, but you can still see it on some third party websites
https://www.beckerspayer.com/payer/meet-unitedhealth-groups-board-of-directors.html
- Andrew Witty was the CEO of Arthur Andersen. For the Gen Zers out there, Arthur Andersen was one of the big five accounting firms until they were found to be massively cooking the books for the energy company Enron. Enron is also largely responsible for California's fucked "deregulation" energy market. He is a crook and United Health knew that when they put him in to head the board.
- it’s senior board members that are the real problem, the ones making the actual decisions and putting profits over anything and everything else.
  Most of the board members at these companies are CEOs of other, often related and even partnered companies. While the CEO at a given company isn't the only one to blame, CEOs in general covers the vast majority of the fuckers.
- When I brought this up, plenty of people here attacked me for being a boot-licking CEO supporter, lmao
  I didn't even say the CEO was guilt-free, I just explained that there are a lot more people than just him who were responsible for the shitty decisions.
  
  Lots of dummies with hard-ons for Luigi. Don’t care to think deeper. Just wanna worship their hero.
  
  the rich have class solidarity. they don't steal so much from eachother. only from us. you're absolutely right that CEOs and boards of directors deserve our full ire. the industry of growth kills us more and more quickly every single day, and they keep on doing it
- This is true, but it's also true that CEOs willingly go along with things that they know are evil, because of the money they will get. Don't let them off the hook
  
  Yeah, by no means are they off the hook.
  But their entire job is signing up to be the fall guy as the face of the company. That's why golden parachutes are a thing and an incredibly unpopular CEO resigns in "disgrace" then is immediately hired by another corporation often in a drastically different field.
  Because, again, their only job is to be the face of the company for when something unpopular happens.
  Everyone in the C suite at a billion dollar corporation is evil, they're all at best complicent

Jobs I wouldn't take for any amount of money.
- That's a crazy choice in my opinion. Brian Thompson made what, 10 million a year? They could pay me 1/4 of his salary and I'd do everything I could to destroy the company until I got fired. I'd get AT LEAST one paycheck which would be a life-changing amount of money for the majority of the country.
- because you have more than a modicum of humanity inside you. ❤️
  
  Well yes, but even if not I also don't want to have to look over my shoulder everywhere I go.
- If you were hired as a CEO and you were paid tens or hundreds of millions of dollars, you would have the financial means to help a lot of people. You could buy apartment complexes and lower the rent. You could open up homeless shelters. You could start a food pantry. You could buy medical debt and write it off. You could pay for legal funds to help domestic abuse victims.
  The problem with people making millions or billions a year is that they don't use their wealth to help others.

I hope he negotiated 24/7 armed guard as part of his contract...
- I hope he negotiated 24/7 armed guard as part of his contract...
  Szeth-son-son-Vallano will have some thoughts about that. He will be able to blame the CEO for their deaths.
  (Please note, FBI, this is a reference to The Way of Kings by Brandon Sanderson, and should in no way be interpreted as a threat of Luigi-ing.)
- Now why would you hope that?
  
  I should have said "I hope for him". Personally I don't give a rat's ass.
  I mean I don't wish bad things to happen to anybody, but chances are, if this Brian Thompson replacement got the job, it's probably not because he's a charitable man who's desperate to do right by UHC's patrons. So if he gets whacked - and he clearly has a giant target on his back - I might not weep at his funeral.

36 comments