Health Care Service Corp. CFO resigns

The executive shakeup continues at the Blue Cross Illinois parent: Eric Feldstein’s departure comes days after the company announced President and CEO Paula Steiner’s exit.

Health Care Service Corp. Chief Financial Officer Eric Feldstein resigned late last week after three years in the role, a company spokesman has confirmed.

Feldstein’s July 26 departure came days after HCSC announced President and CEO Paula Steiner was leaving the company. No reason was given for his exit.

The company, which owns Blue Cross Blue Shield plans in five states, will leverage its “talented financial staff” while it looks for a new CFO, spokesman Greg Thompson said. He did not provide a timeline.

In his role, Feldstein was responsible for HCSC’s accounting, financial planning, treasury, tax and procurement activities, according to a 2016 statement. He joined the health insurer that year, after serving as an executive vice president at American Express.

[“source=modernhealthcare”]

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