Elevance Health Says John Gallina Will Retire As Executive Vice President And CFO Later This Year; Mark Kaye Named CFO
Portfolio Pulse from Benzinga Newsdesk
Elevance Health announced that John Gallina will retire as Executive Vice President and CFO later this year. Mark Kaye has been named as his successor and will report directly to Gail K. Boudreaux, President and CEO.
August 08, 2023 | 10:48 am
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Elevance Health's CFO, John Gallina, is set to retire. Mark Kaye has been named as the new CFO.
Changes in key executive positions can have an impact on a company's stock. However, the announcement of a planned and orderly transition, as in this case, usually has a neutral impact in the short term. The long-term impact will depend on how well the new CFO performs.
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