Seth Blackley, Evolent’s co-founder and president, will be promoted to CEO on the same day. He has served as the company’s president for nine years. Mr. Williams will remain with the company as its executive chairman.
The leadership change comes as Evolent moves to spin off assets of its health insurance subsidiary, Passport Health Plan, to Molina Healthcare. Under the transaction, Molina will acquire the Passport name and will employ about 500 Kentucky-based Passport and Evolent Health employees.
Evolent became a majority holder of Passport when it acquired 70 percent of its stake in 2019.
More articles on payers:
Financial updates from Anthem, Cigna & 2 more payers
UnitedHealth: 7 steps to the ‘next-generation health system’
17 payer exec moves in July
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
