EHealth (EHTH) said Tuesday that Derrick Duke has been named as its next chief executive officer to succeed Fran Soistman, who is retiring from the post.
Duke will join the company on Aug. 4 to start the transition process before officially taking on the CEO role, while Soistman agreed to remain as an executive advisor through Dec. 31 to assist with the transition, the company said.
Duke is currently the CEO of Magellan Health, a Centene (CNC) subsidiary, according to the statement.
Price: 3.94, Change: +0.02, Percent Change: +0.51
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.