Villanova, PA, January 11, 2013 — The Blue Cross and Blue Shield of Minnesota (Blue Cross) board of trustees announced the appointment of Michael J. Guyette ’03 EMBA as president and chief executive officer, effective January 7.
Guyette most recently served as president of national accounts for Aetna in Hartford, Conn., where he was responsible for overseeing operational performance and business strategy for Aetna’s national accounts division serving more than 8 million members. Prior to joining Aetna in 2010, he held senior leadership positions at Blue Cross and Blue Shield of Florida for eight years, including senior vice president for the company’s diversified business unit. He also served as chief sales officer and group vice president for its national business unit.
Guyette previously held a variety of senior sales and marketing positions with Independence Blue Cross/AmeriHealth Inc. in both Philadelphia and Houston. He also worked for Prudential Healthcare and Continental Insurance in various Texas and Oklahoma markets.
In 2010, Guyette served as chairman for the Consortium of Health Plans, a coalition of 21 Blue Cross and Blue Shield plans founded in 1994 to help position the Blues system as the carrier of choice for national accounts.
“On behalf of the board, I want to express how pleased we are to have Michael Guyette leading Blue Cross into the next phase of our work as a company committed to the health of all,” said Vance Opperman, chair of the Blue Cross board of trustees. “He has a strong track record in driving organizational growth, fostering operational excellence and innovation. Michael has demonstrated great leadership and strategic focus in his previous roles, and given his strong health industry experience he is ideally suited to take the helm of the state’s largest health plan in today’s fast-paced, dynamic environment.”
“I look forward to leading Blue Cross during a time of unprecedented change and opportunity in the health care industry,” said Guyette. “Blue Cross has a longstanding record of excellence and innovation, an incredibly dedicated team, and is well poised to build on its ability to drive better health for its members at a greater value.”
A native of Rhode Island, Guyette holds a bachelor’s degree in finance from the University of North Texas in Denton, Texas and earned his Executive MBA from the Villanova School of Business.
“Michael was a great addition to our EMBA program,” said Robert West, PhD, VSB professor of Valuation and Financial Management and Reporting. “He excelled in our program, and we are very pleased to see that he has carried that excellence over to his professional career.”