Courtney Marsh is stepping down as CEO of Health Shield after more than a decade at the cash plan provider.
The firm released a statement today revealing Marsh is leaving the Health Shield after 11 years, with Geoffrey Spencer appointed as interim CEO while a permanent successor is sought.
During his tenure, Marsh (pictured) has overseen acquisitions and the society’s continual digital transformation, along with the launch of a wellbeing proposition, workplace health screening and occupational health services, the provider said.
Spencer, a former CEO of Shepherds Friendly who has also held senior roles at Legal & General and Royal and Sun Alliance Group, is an experienced CEO, having taken on other interim CEO roles at a number of mutual financial services providers.
Commenting on his departure, Marsh said: “I have been considering my future for a while. However, I wanted to make sure I helped guide Health Shield through the unprecedented times which we have all faced of late.
“With Covid restrictions now being lifted, I feel the time is right to move on, with the society in a strong position to move forward with its strategic plans. I’ve enjoyed an amazing time at Health Shield and feel proud of the culture we have created and the wellbeing development we have made over recent years.”
Julie Hansen, chairwoman of Health Shield, added: “The board thanks Courtney for his time here, and the contribution he has made to the success of the society, keeping our members at the heart of all decisions and making Health Shield a great place to work for our staff.
“We thank him for his leadership and contribution and wish him the best in his future.
“We will begin a search for a permanent CEO in due course, but we are in good hands under the interim leadership of Geoffrey Spencer who brings a wealth of experience across financial services and the mutual sector.”