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Highmark Health Announces New CFO and Financial Leadership

Pittsburgh, Aug. 28, 2023

Highmark Health has announced the appointment of Carl Daley as the new Executive Vice President and Chief Financial Officer (CFO) of the organization. In his role, Daley will be responsible for developing and implementing a finance strategy that aligns with Highmark Health’s long-term strategic direction. He will also act as the primary liaison for regulators and ratings agencies, as well as oversee various divisions including enterprise finance, tax, investment, and finance innovation and procurement. Daley will report directly to David Holmberg, the Chief Executive Officer of Highmark Health.

Prior to joining Highmark Health, Daley served as the Senior Vice President of Medicare Strategy and Operations for Humana since 2020. During his tenure at Humana, Daley held several leadership positions, including Senior Vice President and Insurance Chief Financial Officer, Enterprise Vice President and Chief Audit Officer, and Chief Financial Officer and Director of Finance for Medicare Advantage and PDP.

In his most recent role at Humana, Daley was responsible for overseeing clinical services vendors, Medicare supplemental benefits vendors, and trend operations. He played a significant role in driving value through medical cost management services and improving member outcomes.

With his experience as an insurance CFO, Daley was responsible for leading a team of approximately 275 associates and overseeing various financial functions, including controllership, financial planning and analysis, and actuarial valuation of trends and savings. Prior to his tenure at Humana, Daley spent 10 years at PWC in various leadership positions in audit and assurance services.

Daley holds a master’s degree in sports management and a bachelor’s degree in accounting from the University of Kentucky.

Janine Colinear, who has been serving as the interim Chief Financial Officer for Highmark Health since January 2023, will now resume her role as the Senior Vice President overseeing finance for the organization, reporting directly to Daley. Ja’Ron Bridges, who joined Highmark Health in 2017, will transition to the role of Senior Vice President and CFO of Highmark Health Plans, reporting to Tom Doran, President of Highmark Health Plan.

Highmark Health President and CEO, David Holmberg, commented on Daley’s appointment, stating that he is a proven financial leader with extensive experience in the healthcare insurance industry. Holmberg believes that Daley’s passion for improving healthcare and enhancing the consumer experience will bring immediate contributions to the team. He also commended Janine Colinear for her effective leadership during a time of economic uncertainty.

Daley expressed his enthusiasm for joining the Highmark Health team and highlighted the alignment between the organization’s mission and his personal and professional goals. He looks forward to working with his teammates to improve the lives of members, patients, and the communities they serve.

The new leadership appointments will take effect on September 25, 2023.

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About Highmark Health
Highmark Health is a Pittsburgh-based enterprise that employs over 42,000 people across the country. It is the parent company of Highmark Inc., Allegheny Health Network, enGen, and Helion. Highmark Inc. and its subsidiaries provide health insurance to millions of members in Pennsylvania, West Virginia, Delaware, and New York. Allegheny Health Network is an integrated delivery network in western Pennsylvania, comprising hospitals, affiliated physicians, surgery centers, home and community-based health services, research institute, and wellness pavilions. enGen focuses on meeting the information technology platform and other business needs of Highmark Health and unaffiliated health insurance plans. Helion partners with payers to create high-performing networks while empowering providers. For more information, visit www.highmarkhealth.org.

SOURCE: Highmark Health

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