BCBS names 2nd new CEO this year - Bring Me The News

BCBS names 2nd new CEO this year

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For the second time this year, Minnesota's biggest nonprofit health insurer has tapped a new leader.

Eagan-based Blue Cross Blue Shield of Minnesota has announced that Michael Guyette will become CEO in early January, according to an announcement Monday from the Eagan-based health insurance company. Guyette was most recently president of national accounts for Aetna Inc., a Connecticut for-profit health insurer.

He'll replace Kenneth Burdick, who was dismissed in July due in part to a "culture clash" at the nonprofit company, the Pioneer Press reports.

BCBS’s board of trustees announced in July that Burdick had left after the board developed “concerns related to whether there had been adequate disclosure of some anticipated business activities.”

The investigation found that there was “no financial impropriety or unlawful actions, but the lack of disclosure was not in alignment with Blue Cross policies and management expectations,” BCBS said in its July statement.

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