RANCHO CORDOVA, Calif.,
Feb. 13, 2018 /PRNewswire/
-- VSP Global® today announced that Michael J. Guyette has been appointed President
and CEO of VSP Global. Guyette will succeed VSP Global Board Member
Rob Lynch, who has served as interim President and CEO since
April 2017.
Guyette, age 53, has more than 20 years of experience in
building, growing and leading large health plan organizations and
most recently served as President and CEO of Blue Cross and Blue
Shield of Minnesota. In that role,
he was responsible for the strategy and operations of the state's
largest health plan, serving 2.9 million members, with a full scope
of health plan products and services.
"The Board of Directors is extremely confident in Michael Guyette's ability to lead VSP Global
successfully into the future through a time of unprecedented
competition and change," said Daniel L.
Mannen, O.D., F.A.A.O. and VSP Global Chairman of the Board.
"We have a clear strategy and direction in place, and Michael's
extensive knowledge of the healthcare industry, coupled with his
proven success with a nonprofit model, provides the experience
necessary to build on and accelerate our momentum."
Guyette has long been an advocate of making health insurance
better aligned with the needs of consumers, and helped launch
Minnesota's first retail health
insurance store in November 2014.
Before joining Blue Cross and Blue Shield of Minnesota in 2012, Guyette held senior
leadership positions at Aetna, Blue Cross and Blue Shield of
Florida and Independence Blue
Cross. He also held a variety of senior sales and marketing
positions with Prudential Healthcare and Continental Insurance. In
2010, he served as Chairman for the Consortium of Health Plans, a
coalition of 21 Blue Cross and Blue Shield plans. Since 2016,
Guyette has also served as Chairman of Prime Therapeutics, a
pharmacy benefit manager owned by several Blue Cross and Blue
Shield plans.
"Michael's healthcare experience, knowledge of our collective
businesses and commitment to our culture and values make him a
great choice to lead VSP Global," said Rob
Lynch, VSP Global Board Member and interim President and
CEO.
Guyette assumes the role of leading a more vertically integrated
company, which includes VSP® Vision Care, the only national
not-for-profit vision benefits provider that serves 85 million
members globally. With 2017 gross billings reaching $5.3 billion, VSP Global is poised for growth in
2018 across its lines of business, which also includes Marchon®
Eyewear, Inc., a leading international designer, manufacturer and
distributor of high quality eyewear and sunwear; VSP Optics Group,
an ophthalmic lens technology and lab services provider;
Eyefinity®, the largest electronic health records and practice
management software company in the optical industry; and VSP
Retail, which delivers connected consumer experiences designed to
strengthen the relationship between VSP members and their eye
doctors through online and offline channels.
"VSP Global is a unique company within the optical industry but
also throughout the broader healthcare industry, with an important
ability to take a long-term view of its work in expanding access to
eye care and eyewear," said Michael
Guyette, VSP Global President and CEO-elect. "I am eager to
spend time listening to and talking with VSP network doctors,
clients, members and employees to gain a deeper perspective of our
go-forward strategy and future possibilities."
A native of Rhode Island,
Guyette holds a bachelor's degree in finance from the University of North Texas, and an MBA from
Villanova University.
About VSP Global
As a doctor-governed company, VSP Global® exists to create value
for members and opportunities for VSP network doctors. VSP Global's
complementary businesses include VSP® Vision Care, the only
national not-for-profit vision benefits company, which provides
access to eye care for its 85 million members around the world
through a network of 38,000 eye doctors; Marchon® Eyewear, Inc.,
one of the world's largest designers, manufacturers and
distributors of high quality eyewear and sunwear; VSP Optics Group,
industry leaders in ophthalmic technology and lab services,
providing custom lens solutions for the vision and lifestyle needs
of patients; Eyefinity®, the eye care industry's largest electronic
health records and practice management software company, and VSP
Retail, which creates connected consumer experiences designed to
strengthen the relationship between VSP members and their eye
doctors. To date, VSP network doctors have provided eye exams and
eyewear at no-cost to over a million people in need through a
partnership with VSP Global's Eyes of Hope®.
Media Contact: Jace
Duval
jace.duval@vsp.com
916 947 4663
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SOURCE VSP Global