Brian Kane has been appointed executive vice president and president of health insurer Aetna by parent company CVS Health.
Kane succeeds Daniel Finke, who is stepping down for health reasons after nearly decade with the business. He will work with Kane to ensure a seamless transition in September.
From 1 September Kane will become a member of the company’s executive leadership team and report to CVS Health president and CEO Karen Lynch.
He will lead Aetna, the segment of CVS Health that provides benefits and insurance solutions to employers, individuals and government entities.
He was most recently a strategic consultant to a number of private equity firms focused on healthcare services.
Before that, Kane served as chief financial officer of Humana overseeing its primary care businesses.
He also played a key role in the formulation and execution of Humana’s strategy during his time with the company.
Before joining Humana, Kane spent 17 years at Goldman Sachs in the investment banking division.
Lynch said: “Brian has a track record of bringing customer-driven innovations to the market and delivering strong operating improvements.
“His passion to simplify the healthcare experience will advance our strategy to improve health, lower costs and drive higher levels of engagement among our members.”
Kane added: “CVS Health has a unique collection of assets – including the Aetna business – that provide the opportunity to improve access to quality healthcare for all Americans.
“My focus will be working with talented colleagues across the organisation to help build on existing efforts to make health care simple, personalised and affordable.”