- Associated Press - Wednesday, September 30, 2015

LAS VEGAS (AP) - The former CEO of casino company Caesars Entertainment Corp. is joining health insurer Aetna.

The Hartford, Connecticut-based company announced Wednesday that Gary Loveman would be an Aetna executive vice president and president of the company’s Healthagen health services organization.

Loveman gave up his CEO title at Caesars in July but is still the company’s chairman overseeing the bankruptcy of its largest operating unit. Caesars Entertainment Operating Co. filed bankruptcy in January to shed some of its $18.4 billion in debt, the lingering result of a debt-heavy 2008 buyout.

Caesars spokeswoman Jan Jones Blackhurst confirms Loveman will remain Caesars’ chairman.

In the same announcement, Aetna says it also hired Rick Jelinek, a partner from private equity firm Advent International and former CEO of OptumHealth, to integrate Aetna and recently acquired Humana.


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide