CVS CIO steps down ahead of Aetna merger
Stephen J. Gold, CIO of CVS Healthcare Corp, resigned two weeks after the company announced that it was acquiring health insurer Aetna Inc. for $69 billion.
According to CVS, his resignation was not related to CVS’s agreement to acquire Aetna — deal that combines the largest US drugstore chain with the third-biggest health insurer. He resigned to “pursue professional opportunities outside CVS Health,’” the company spokesman told Wall Street Journal. Until a new CIO is appointed, the company's IT will report to COO Jon Roberts.
Gold began working as CVS Health's CIO in 2012 and was appointed executive vice president - technology and operations innovation three years later. Prior to joining the company, he was Senior Vice President and CIO of software firm Avaya from 2010 to 2012.
“Gold has one of the best resumes in IT”, according to Straight Talk featured blogger Peter High. “I started my career as a systems programmer and I worked through the ranks and basically have done every job of every person in an IT organization. What that allows me to do is to understand and to empathize with what each of my staff does”, Gold elaborated his CIO leadership strategy during the interview. That’s not all. He founded the “first and the largest PBM internet pharmacy in the world at Medco” and worked as CIO as well as CTO of GSI Commerce. He explained, “And what that has allowed me to do is to have a fairly unique perspective. A lot of CIOs are either technologists or business leaders. But in the CIO world, if you have a mixture of both you’re more aligned with the strategic business functions.”
In other recent appointments and career moves:
Centric Bank has appointed Clair M Finkenbinder III as executive vice president, CIO and director of operations. Previously Finkenbinder was Systems Engineer Director – MidMarket East Division for Dell EMC Corporation for over 11 years. A veteran with the U.S. Air Force, Finkenbinder served for six years with the Cryptographic Telecommunications Operations Center for the National Security Agency.
Christine Putur has joined REI as chief information officer after four years as executive vice president and CIO at Coach. Prior to that, she was at Staples for 13 years and held numerous IT roles before taking on the global CIO role in July 2011. She is also on the board of Information Services Group.
CareerBuilder has appointed Anthony Dupree as CIO and CISO. Before joining CareerBuilder, Dupree served as the CIO and CISO of Novitex. He also held senior roles at McGraw-Hill Education, Elizabeth Arden and Toys R Us.
Royal Caribbean Cruises Ltd has appointed Martha Poulter as Senior Vice President and CIO. Poulter most recently served as Executive Vice President and CIO for Starwood Hotel and Resorts. Prior to that, Poulter spent nearly two decades at General Electric, including time as CIO of GE Capital.
Disney ABC Television Group has appointed Michael Napodano as CTO.
Honeywell appointed Shakthimani Logasundaram as vice president and CIO.
Nestle has promoted Stefan Palzer to executive vice president and CTO.
Delta Air Lines has promoted Rahul Samant as executive vice president and CIO.
Synthio has appointed Time Poschel as CIO.
Centinela Feed and Pet Supplies has appointed Todd Johnson as CIO.
New York City Health and Hospitals has appointed Kevin Lynch as senior vice president and CIO.
Guess and Corporation has appointed Joel Bandy as senior executive vice president and CIO.
Minnesota State Retirement System appointed Anita Scott as CIO.
Columbia University Mailman School of Public Health has promoted Elizabeth Tashiro to CIO.
ReverseVision appointed Jim Magner as CTO.
Fiesta Restaurant Group promoted Ryan Nowlin to CIO.
Aerospace Corporation promoted Tammy Choy to vice president and CIO.
Bluegreen Vacations promoted Chanse Rivera to CIO.