Humana CFO Brian Kane will step down to “pursue other opportunities,” the health insurer announced Monday. Kane has been in the role since 2014. Susan Diamond, president of the Louisville, Kentucky-based company’s home business, will take over as interim CFO on June 1, while Humana completes an external search for Kane’s replacement. Diamond will continue leading the home business while serving as interim finance chief, and Kane will remain on in an advisory role through year end.
During his CFO tenure, Kane, a former investment banker, managed through a period of heavy industry consolidation, although not all deals made it through. In 2017, after a federal judge blocked the deal citing antitrust, Humana canceled a planned merger with Aetna.
In the role, Kane primarily oversaw Humana’s care delivery organization, which Broussard said has seen “meaningful turnaround at Conviva Care Solutions and significant innovation and organic growth at Partners in Primary Care.”
Today, combined operations include 170 senior-focused clinics serving more than 250,000 patients with approximately $2.5 billion in revenue, Broussard said. Read more from CFO Dive.