Name: Brian Kane
Previous title: Healthcare services consultant
New title: Executive vice president, CVS Health, and president, Aetna
CVS Health has hired Brian Kane as president of its Aetna health insurance unit and an executive vice president, effective Sept. 1.
Kane replaces Daniel Finke, who is stepping down for health reasons, the company said Monday.
Kane most recently was a strategic consultant to several private equity firms focused on healthcare services. Before that, he was CFO of Humana, where he played a key role in forming the company’s strategy and oversaw its primary care businesses. Kane also previously spent 17 years in investment banking at Goldman Sachs.
Kane will report to CVS Health CEO and President Karen Lynch.
“Brian has a track record of bringing customer-driven innovations to the market and delivering strong operating improvements,” Lynch said. “His passion to simplify the health care experience will advance our strategy to improve health, lower costs and drive higher levels of engagement among our members.”
CVS paid nearly $70 billion to buy Aetna in 2018, creating a vertically integrated healthcare giant. Aetna has nearly 35 million members.