Health and Healthcare
The Search Is Over: JPMorgan, Amazon and Berkshire Hathaway Find CEO to Head Up Health Care Firm
Published:
Last Updated:
Amazon.com Inc. (NYSE: AMZN), JPMorgan Chase & Co. (NYSE: JPM) and Berkshire Hathaway Inc. (NYSE: BRK-B) are now making their combined health care plan a reality with the appointment of a new chief executive officer. The trio originally set out to subvert the current health insurance system and create a company of their own that could better handle the needs of their employees, and it seems that this plan is now coming to fruition.
According to a press release, Ariadne Labs founder and Executive Director Dr. Atul Gawande has been named the CEO of the new Amazon, JPMorgan, Berkshire Hathaway nonprofit health care organization. The appointment was announced Wednesday jointly by Amazon CEO Jeff Bezos, Berkshire Hathaway CEO Warren Buffett and JPMorgan CEO Jamie Dimon.
Gawande will assume this role effective July 9, and the new company will be headquartered in Boston and will operate as an independent entity that is free from profit-making incentives and constraints.
Gawande is a globally-renowned surgeon, writer and public health innovator. He practices general and endocrine surgery at Brigham and Women’s Hospital and is a professor at the Harvard T.H. Chan School of Public Health and Harvard Medical School. He is founding executive director of the health systems innovation center, Ariadne Labs.
Gawande commented:
I am thrilled about this opportunity as it aligns perfectly with my personal mission. I have devoted my public health career to working with colleagues to build scalable solutions for better health care delivery in the U.S. and across the world. Now, I have the support of these remarkable organizations to pursue this mission for their employees and families in ways that incubate better models of care for all. And I will be able to do so while maintaining my own voice and continuing to enable Ariadne Labs’ powerful and complementary work.
24/7 Wall St.Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
