CONTACT: Jay McQuaide
BOSTON March 15, 2010 The Board of Blue Cross Blue Shield of Massachusetts (BCBSMA) announced today that it has accepted the resignation of President and Chief Executive Officer Cleve Killingsworth effective March 15th. Killingsworth will remain available to the company as needed to ensure a smooth transition.
Killingsworth joined BCBSMA in February 2004 as President and Chief Operating Officer after 30-plus years in the health care industry. He became CEO in July 2005.
"It's been an honor and privilege to work with such a talented group of people who are deeply committed to improving the quality and affordability of health care," Killingsworth said. "I look forward now to moving the discussion of quality and affordability to a national level, where I believe my experience can be of value."
"We are grateful to Cleve for his service over the past six years," said Paul Guzzi, Chairman of the Board of Directors. "We appreciate the energy, vision and commitment he has demonstrated in developing meaningful and sustainable solutions to the complex health care challenges our state and nation face today."
The Board also announced that William Van Faasen will serve as interim CEO while a search for a permanent successor is undertaken. Van Faasen, who served as BCBSMA's CEO from 1992-2005, has agreed to serve in this position without compensation.
Blue Cross Blue Shield of Massachusetts ( http://www.bluecrossma.com ) was founded 73 years ago by a group of community-minded business leaders. Today, headquartered in Boston, BCBSMA provides coverage to more than 3 million members, 2.5 million in Massachusetts. BCBSMA believes in rewarding doctors and hospitals for delivering safe and effective care, and in empowering patients to take more responsibility, become educated health care consumers and become stronger partners with their doctors. Blue Cross Blue Shield of Massachusetts is an independent licensee of the Blue Cross Blue Shield Association.