Centene names vice president of mergers and acquisitions

Following the planned resignation of Centene’s Jesse Hunter, executive vice president and chief strategy officer, Colin Toney is stepping into an executive vice president role, helming mergers and acquisitions, the company announced July 15. 

Advertisement

Formerly senior vice president, enterprise strategy group, Mr. Toney brings a handful of merger and acquisition experience. He led Centene’s $20 billion acquisition of WellCare in 2019 and forged divestitures to CVS/Aetna and Anthem, according to his LinkedIn.

Announced July 12, Mr. Hunter will be stepping down from his position effective July 31. He will remain in an advisory role through the end of 2021. 

“As part of our senior team’s development planning, we continually look to promote Centene’s internal talent into enhanced roles,” CEO and President Michael Neidorff said in a statement. “Colin’s expertise brings exceptional leadership to our mergers and acquisitions strategy and talented team. At the same time, I want to thank Jesse for his years of service. I wish for our leaders to achieve what they want for their own careers, and I wish Jesse the best in his next chapter.”

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.