eHealth, Inc. announces the appointment of Derrick Duke as its next Chief Executive Officer, succeeding Fran Soistman, who will retire and remain on the Board of Directors. Duke will join the company on August 4th, 2025, and officially take on the CEO role on September 18th, 2025. Soistman will assist with the transition until December 31st, 2025.
eHealth, Inc. (NASDAQ: EHTH), a leading private online health insurance marketplace, has announced the appointment of Derrick Duke as its next Chief Executive Officer. Duke will join the company on August 4, 2025, and officially assume the CEO role on September 18, 2025. Fran Soistman, the current CEO, will retire but continue to serve on the company's Board of Directors. Soistman will also assist with the transition until December 31, 2025 [1].
Duke currently serves as CEO of Magellan Health, a healthcare management organization and subsidiary of Centene Corporation (NYSE: CNC). He brings over 30 years of strategic leadership and financial expertise in the health insurance and managed care sectors. At Magellan, Duke led strategic growth and operational execution, including serving as Chief Operating and Chief Financial Officer. Prior to Magellan, he held senior leadership roles at HealthMarkets, including Chief Investment Officer, Chief Financial Officer, and Chief Operating Officer [2].
The appointment 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.
The transition is part of a planned succession process following Soistman’s previously announced retirement plans. The Board of Directors expressed confidence in Duke’s leadership capabilities, citing his combination of financial acumen, operational expertise, and healthcare industry knowledge.
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
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