eHealth says Fran Soistman to retire, remain on eHealth board

eHealth says Fran Soistman to retire, remain on eHealth board

Austin, Texas – eHealth, Inc. (Nasdaq: EHTH), a leading private online health insurance marketplace, has announced significant leadership changes. Fran Soistman, who has served as the company's CEO, will retire and remain on the eHealth Board of Directors. Derrick Duke, currently CEO of Magellan Health, will succeed Soistman as the new CEO, effective September 18, 2025.

Soistman, who will retire as CEO but continue to serve on the company’s Board of Directors, will remain with eHealth as an executive advisor through December 31, 2025, to assist with the leadership transition [1]. Derrick Duke will join eHealth on August 4, 2025, to begin the transition process before officially stepping into the CEO role [2].

Duke brings over 30 years of strategic leadership and financial expertise in the health insurance and managed care sectors. He previously held senior leadership roles at Magellan Health and HealthMarkets, including serving as Chief Operating and Financial Officer at Magellan and Chief Investment Officer at HealthMarkets [1]. His experience in driving operational efficiency and strategic growth is expected to benefit eHealth during its next phase of growth.

Beth Brooke, Chair of eHealth's Board of Directors, expressed confidence in Duke’s leadership capabilities, citing his combination of financial acumen, operational expertise, and healthcare industry knowledge. "We are thrilled to welcome Derrick Duke as eHealth's next CEO. He brings a rare combination of financial acumen, operational expertise, and deep knowledge of the healthcare and insurance landscape – exactly what's needed to lead eHealth into its next phase of profitable growth," Brooke said [1].

Soistman commented, "Leading eHealth has been a privilege, and I am incredibly proud of what we have accomplished together. I want to thank our employees, partners, and customers for their trust and commitment. I am confident that under Derrick's leadership, eHealth will continue to grow and evolve as a leader in helping individuals, families, and businesses find the right health coverage for their needs" [1].

The appointment of Derrick Duke comes at a critical time for the healthcare sector, where many companies are adapting to evolving market dynamics. eHealth, which has operated for over 25 years, provides consumers access to health insurance plans from more than 180 insurers across the United States.

References:
[1] https://finance.yahoo.com/news/ehealth-announces-ceo-succession-130000697.html
[2] https://www.investing.com/news/company-news/ehealth-appoints-derrick-duke-as-new-ceo-as-fran-soistman-retires-93CH-4157602