3 Top Execs Exit Blue Cross and Blue Shield of MN
Three top executives at Eagan-based Blue Cross and Blue Shield of Minnesota have reportedly left the organization-a move that comes little more than a month after new CEO Kenneth Burdick came on board.
The recently departed executives are Chief Financial Officer Pamela Sedmak, Chief Medical Officer Gregory Gilmet, and Kathleen Mock, senior vice president of marketing and public and health affairs, according to the Star Tribune.
Blue Cross and Blue Shield representatives could not be reached Thursday morning, but the organization reportedly hasn't released additional information about the departures.
Burdick, a former UnitedHealth Group executive, assumed his post in mid-February. He came to the organization from Bethesda, Maryland-based Coventry Health Care, Inc., where he served as senior vice president.
Burdick succeeded Patrick Geraghty, who left his post in early August to become CEO of Blue Cross and Blue Shield of Florida.
With more than $9 billion in annual revenue, Blue Cross and Blue Shield of Minnesota is the largest insurer that sells health plans within the state; it is also Minnesota's largest nonprofit organization, and its enrollment exceeds 2.6 million.