Over the last number of years we have seen Ron Williams in the news quite frequently and almost any CEO job, especially in healthcare today is a pressure cooker. The new CEO promoted from within takes over effective November 29th. Nothing like taking a break in the middle of healthcare reform, as we all see it’s not getting any easier. BD
Aetna Inc. Chairman and Chief Executive Ronald A. Williams is retiring from the managed-care giant effective April 2011 and stepping aside from the CEO role late next month, when company President Mark T. Bertolini will assume the chief executive spot and be elected to the board
The transition comes as a major overhaul of U.S. health coverage phases into effect following a contentious national political debate in which Mr. Williams took a leading role as an even-toned industry advocate.
Mr. Williams, 60 years old, who joined the company in 2001 and became CEO in 2006, will remain as executive chairman until April, when Mr. Bertolini, 54, will become chairman as well as serving as president and CEO. Mr. Williams will act as a consultant to Aetna, the third-largest U.S. managed-care company, on matters related to public policy and federal regulatory strategy until February 2012.
Mr. Bertolini becomes CEO as of Nov. 29.