Highmark promotes two senior executives
Highmark Health has promoted two senior executives to help shape the company's financial and strategic decisions as it evolves from a traditional insurer to an integrated health care provider.
Karen Hanlon was named executive vice president and chief financial officer while her predecessor, Nanette DeTurk, will step into a new role overseeing the company's transformation and strategy, among other functions, Highmark announced on Tuesday. The promotions are effective immediately.
Both women are longtime Highmark employees — Hanlon since 1997 and DeTurk since 1993 — and have played key roles at the nonprofit. Hanlon previously was senior vice president of financial planning and analysis. DeTurk was the company's CFO.
DeTurk and Hanlon will report directly to Chief Executive Officer David Holmberg, who last month replaced William Winken-werder less than two years after Winkenwerder was hired.
Highmark said it hoped Holmberg would speed its transformation as it moves into the delivery of care through its hospital network. DeTurk and Hanlon, in their new positions, would be important in achieving that goal.
“These leadership changes represent initial, critical steps in implementing and accelerating Highmark Health's transformation into a nationally recognized integrated health care delivery system,” Holmberg said in a statement.
As CFO, DeTurk was “an invaluable steward” of Highmark's finances, Holmberg said. In her new job as executive vice president and chief administrative and strategy officer and treasurer, she will work with business leaders to develop and implement strategy and new processes.
Hanlon will step up her responsibilities for overseeing Highmark's finances, including working with the nonprofit's subsidiaries to “advance the enterprisewide strategy,” according to the company.
In a brief interview on Tuesday, Hanlon said she is excited to help Highmark evolve.
“As somebody from the city of Pittsburgh, certainly I'm excited to be making a difference in how health care is delivered here,” she said.
Highmark Health is the parent organization of health insurer Highmark Inc. and hospital system Allegheny Health Network. This month, Highmark Health reported a net loss of $126.5 million in 2013, largely because of negative financial results from the hospitals.
Chris Fleisher is a staff writer for Trib Total Media. He can be reached at 412- 320-7854 or email@example.com.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Natural gas industry buys share of Super Bowl spotlight
- Kennametal plans plant closings, job cuts in fallout from oil and gas decline
- Trib 30 stocks drop to four-month low
- Consol Energy posts $74M profit in fourth quarter
- Super Bowl ads win by playing to viewers’ emotions, experts say
- PPG submits offer for French sealants, adhesives business unit
- BNY Mellon is putting iconic Citizens Bank Tower up for sale
- Wall Street closes January on down note; Dow sheds 251 points
- Subaru BRZ still needs upgrades
- Phelan: Fuel-saving tips for winter driving
- Consumer comes to the rescue as companies step back