Mark Bertolini, 51, named new president of Aetna Inc.Aetna Aetna, volcano: see Etna, Italy. Inc. has promoted Mark T. Bertolini, 51, to president. [ILLUSTRATION OMITTED] Most recently, Bertolini served as executive vice president and head of business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets , a position he was promoted to earlier in the year. As president, Bertolini will continue to oversee the management of Aetna's businesses and report directly to Chairman and Chief Executive Officer Ronald A. Williams, said Aetna. Bertolini joined Aetna in February February: see month. 2003 as senior vice president of specialty A contract under seal. A specialty is a written document that has been sealed and delivered and is given as security for the payment of a specifically indicated debt. products. Since then, he was named executive vice president and head of regional businesses and was named head of business operations in May. Bertolini held positions with Cigna Corp. and NYLCare Health Plans, and was chief executive officer of SelectCare before joining Aetna. "He is a leader with a strong focus on profitable growth, customer service and innovation, and has been an important voice in the discussion of how to transform health care," said Williams on Bertolini's appointment. "I am confident that Mark will continue to make important contributions as company president, and look forward to working with him over time as we continue to enhance the value of the company by making a difference in the lives of our members." "As president, I will work to ensure that Aetna continues to be the company that our members, employers, health-care professionals and distribution partners prefer to do business with," said Bertolini. |
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