The state's largest commercial health insurer, Blue Cross and Blue Shield of Minnesota, has named a new CEO.
Former Aetna executive Michael Guyette takes over the helm of Blue Cross and Blue Shield Jan. 7. The Eagan-based non-profit has had a quick succession of CEOs in the past year and a half.
Guyette replaces Scott Lynch who filled in as interim president and CEO after the board of trustees ousted Ken Burdick after only six months on the job. Burdick had replaced Patrick Geraghty who took over as CEO of Blue Cross and Blue Shield of Florida.
Guyette said among his first tasks is meet with the leaders and employees. "Then basically setting the culture going forward around stability, and then moving the path forward," Guyette said.
Guyette most recently served as head of national accounts for Aetna in Hartford Connecticut. Before that, he held leadership positions at Blue Cross and Blue Shield of Florida.
"I'm excited about moving my family to Minnesota and then being there for a long period of time," he said. "I think stability in leadership, stability in direction and strategy are really the areas of focus for me."