Blue Cross and Blue Shield of Louisiana President and CEO Mike Reitz today announced plans to retire as head of the state’s largest health insurer in June 2016, coinciding with his 40th anniversary with the company.
“For all things, there is a season, and my time is passing,” Reitz says in a prepared release. “I feel I have contributed to the success of the company over the past years by working with my colleagues to serve our customers—to provide the people who put their trust in us with the unsurpassed value they deserve. It gives me great satisfaction to have built this solid foundation. I look forward now, as I cross the finish line of my race, to passing the baton to a successor who will have an equal or greater passion for serving our customers first, and who will move our company to an even higher level.”
Blue Cross says Reitz’s retirement announcement sets in motion a “calculated, orderly succession.” Board Chairman Dan Borné says a nationwide search will be conducted for Reitz’s successor.
“As a collaborative and passionate leader, Mike Reitz leaves his distinctive mark on not just Blue Cross and Blue Shield of Louisiana, but on the evolving healthcare system in our state and on the citizens of Louisiana,” Borné says. “And because he has always been a nurturing steward of this company, he will be leaving it in a position of extraordinary strength.”
Blue Cross has more details on today’s announcement.
