Here are five things to know about the group’s CEO search.
1. ABC, as the group is known, began its CEO search in late January. The shortlist of CEO candidates initially included three names from different areas of the healthcare industry: former CMS Acting Administrator Andy Slavitt, former U.S. Chief Technology Officer and co-founder of Castlight Health Todd Park, and former Aetna executive Gary Loveman.
2. The healthcare venture recently began looking for a candidate with an entrepreneurial background in technology who isn’t connected to drug supply companies or health plans, sources told CNBC.
3. Owen Tripp, CEO of Grand Rounds Health, a startup that sells a second medical opinion service as a benefit to large employers, is one of the top names to emerge in recent weeks to serve as ABC’s CEO. However, Mr. Tripp told CNBC he’s committed to remaining CEO of Grand Rounds.
4. Berkshire investment manager Todd Combs is reportedly spending 40 hours per week on the CEO search. The challenge is finding a person who can help develop innovative healthcare solutions while working across three companies with 1.2 million total employees, according to CNBC.
5. During Berkshire Hathaway’s annual shareholder meeting in early May, CEO Warren Buffet said ABC could have its CEO within a few months. Mr. Buffet said getting a “great” CEO in place is the first major step to launching the healthcare venture.
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