Paula Steiner, 62, who spent more than thirty years in the company, and less than four years being a CEO of Health Care Service Corp., leaves without any comment.
Everyone kept mum on why she departed from the position, but people with knowledge of the situation said that it is because of the disagreement of the members according to the company’s long-term strategy system in acquiring a highly competitive environment stance against other competitors.
“Paula led the company through significant industry change and oversaw our continued diversification and steady growth,” said Milton Carroll, chairman of the HCSC board of directors, in a statement. “We are grateful to Paula for her many years of leadership and service to HCSC and our 16 million members, and we wish her well in future endeavors,” he added.
Carroll’s statement highlights the integrity of Steiner as a leader of the multi-billion dollar company. Handling a big company with over thousands of employees is a challenge, and having millions of members is even bigger responsibility.
Health Care Service Corp. is one of the leading and largest health care services company in the US. It is a member-owned health insurance company formerly known as Hospital Service Corporation.
Meanwhile, the Blue Cross and Blue Shield, which is owned by Health Care Service Corp. will extend its services to the state of Illinois, Texas, New Mexico, Montana, and Oklahoma. The move aims to make it more convenient for the people to have health care services nearby, and it will open new opportunities to those who search for jobs.
For the meantime, HCSC board member and former energy executive, David Lesar will act as a CEO until the replacement of Paula Steiner is found according to the company. We reached the company for a comment regarding their ex-CEO’s resignation and will update this article once we heard from them.