Aetna Chief Financial Officer Alan M. Bennett to Retire.HARTFORD, Conn. -- Aetna (NYSE NYSE See: New York Stock Exchange : AET AET Aetna, Inc. AET After Extra Time AET Actual Evapotranspiration AET Alliance for Environmental Technology AET Alpha-Ethyltryptamine AET Applied Extrusion Technologies, Inc. ) today announced that Aetna Senior Vice President and Chief Financial Officer Alan M. Bennett plans to retire in the first quarter of 2007. The company intends to conduct a comprehensive search for a replacement and Bennett will assist in the process to assure an orderly transition. He will continue to manage the Finance organization until a successor is named. Both internal and external candidates will be considered. Bennett, 55, has been CFO See Chief Financial Officer. since 2001. "We greatly appreciate Alan's many contributions and respect his decision to retire early next year," said John W. Rowe, M.D., executive chairman. "Alan has played a critical leadership role in helping to engineer Aetna's financial turnaround and repositioning the company for profitable growth." "During his tenure, Alan has built a very strong record of success, improving operational controls and processes in the Finance organization, as well as leading efforts to help us achieve a more competitive cost structure," said Ronald A. Williams, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and president. "I look forward to working with him to find a worthy successor and wish him well in his retirement and future challenges." Bennett joined Aetna in 1995 as chief financial officer of Aetna Business Resources, the company's administrative services organization. He was promoted to vice president and director of Internal Audit in 1997 and was named vice president and corporate controller in 1998. A graduate of Susquehanna University  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . , Bennett holds a B.S. degree in Accounting and is a Certified Public Accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. . He is on the Board of Directors and Audit Committee of Bausch & Lomb (NYSE-BOL). Before joining Aetna, he held positions of increasing responsibility at Pirelli Armstrong Tire Corporation. Aetna is one of the nation's leading diversified health care benefits companies, serving approximately 28.3 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health Behavioral health was first used in the 1980's to name the combination of the fields mental health and substance abuse. As an example, an organization serving both mental health and substance abuse clients might refer to its practice as behavioral health or , group life, long-term care long-term care (LTC), n the provision of medical, social, and personal care services on a recurring or continuing basis to persons with chronic physical or mental disorders. and disability plans, and medical management capabilities. Our customers include employer groups, individuals, college students, part-time and hourly workers, health plans and government-sponsored plans. www.aetna.com |
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