SelectQuote, Inc. (NYSE:SLQT) is mourning the passing of William Thomas (Tom) Grant II, the Vice Chairman and former President of the company, who passed away on July 1, 2025, following a battle with cancer. Tom played a pivotal role in shaping SelectQuote's strategy over the past fifteen years, guiding its evolution from a term life insurance brokerage into a diversified insurance and rapidly-growing healthcare services business.
Under Tom's leadership, SelectQuote has expanded its services, and today operates an ecosystem offering high touchpoints for consumers across insurance, Medicare, pharmacy, and value-based care. The company now has three core business lines: SelectQuote Senior, SelectQuote Healthcare Services, and SelectQuote Life.
SelectQuote Senior serves the needs of a demographic that sees around 10,000 people turn 65 each day with a range of Medicare Advantage and Medicare Supplement plans. SelectQuote Healthcare Services is comprised of the SelectRx Pharmacy, a Patient-Centered Pharmacy Home™ (PCPH) accredited pharmacy, SelectPatient Management, a provider of chronic care management services, and Healthcare Select, which proactively connects consumers with a wide breadth of healthcare services supporting their needs.
Following Tom's passing, his sons, Bill Grant and Bob Grant, will continue to serve as critical members of the SelectQuote executive team, with Bill Grant as the company's Chief Operating Officer and Bob Grant as President.
SelectQuote's CEO, Tim Danker, expressed that "The success of our company, and the millions of consumers we've helped, are directly attributable to the vision and leadership of Tom Grant."
The company's stock is listed on the New York Stock Exchange under the symbol SLQT. As a result of these announcements, the company's shares have moved 0.83% on the market, and are now trading at a price of $2.42. Check out the company's full 8-K submission here.
