Blue Cross and Blue Shield of Louisiana’s board of directors unanimously elected Dr. I. Steve Udvarhelyi as the company’s president and chief executive officer during the company’s annual meeting Tuesday.
In November, Blue Cross announced Udvarhelyi had been chosen to succeed CEO Mike Reitz, who announced in February 2015 that he planned to retire in June 2016. Udvarhelyi begins immediately and Reitz will remain a short time to help with the transition.
Before joining Blue Cross, Udvarhelyi spent nearly 20 years at Independence Blue Cross, headquartered in Philadelphia, where he served in a variety of roles, most recently executive vice president, health services, and chief strategy officer.