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Independence Blue Cross Chief Operating Officer to Retire in July 2010
Date:10/29/2009

PHILADELPHIA, Oct. 29 /PRNewswire/ -- Independence Blue Cross's Chief Operating Officer and Executive Vice President Christopher D. Butler will retire July 1, 2010, after a 35-year career with Blue Cross health insurance companies, including 18 years in Philadelphia with IBC.

In a joint announcement today, IBC and the AmeriHealth Mercy Family of Companies said that under a six-month succession plan, IBC will create two new positions which will be filled by senior executives from AmeriHealth Mercy and IBC. The positions will be aligned with IBC's strategies for growth, operations, and medical management. The two executives will report to IBC President and CEO Joseph A. Frick, who will continue to lead the corporation.

On January 1, 2010, Butler will step down as COO and continue in his role as executive vice president. For the next six months, he will work with his two successors to ensure a smooth transition as they assume their new responsibilities. After his retirement, Butler will continue to serve as a member of the IBC Board of Directors.

Also on January 1, Daniel J. Hilferty will become president of health markets for IBC, reporting to Frick. Hilferty is currently president and chief executive officer of AmeriHealth Mercy, a Medicaid managed care company headquartered in Philadelphia and providing services in 13 states. AmeriHealth Mercy is jointly owned as a partnership of Independence Blue Cross and Mercy Health System. AmeriHealth Mercy is the largest organization of Medicaid managed care plans and affiliated businesses in the United States, serving 6.5 million people nationwide through publicly funded programs, including Medicare, Medicaid, and State Children's Health Insurance Programs. In his new role at IBC, Hilferty will oversee sales, marketing, and subsidiary operations, which include AmeriHealth Administrators, AmeriHealth New Jersey, and Comp Services. He will also h
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SOURCE Independence Blue Cross
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