The gunman who fatally shot UnitedHealth Group CEO Brian Thompson in midtown Manhattan waited for him for hours — then fled on a bicycle, according to police. Thompson, 50, was fatally shot as he approached the Hilton Hotel in midtown, police said. He arrived early to prepare for a conference at the hotel, The New York Times reports.

The CEO of UnitedHealthcare was shot and killed in midtown Manhattan on Wednesday morning, a law enforcement official tells CNN.