The head of Connecticut’s largest health insurer by membership announced to his employees Thursday that he is retiring at the end of this year.
David R. Fusco, 50, president of Anthem Blue Cross and Blue Shield in Connecticut, told staff Thursday morning his last day will be Dec. 31. He has been with the company for 29 years and has been president since February 2005.
Fusco started with Anthem in 1985 as a data analyst. He rose through the ranks to become director of Small Business Sales and Administration in 1993, then general manager of the Individual and Small Business Accounts Division in 2000. He became vice president of Commercial Accounts for Anthem’s Connecticut operations in 2003.
The announcement was a relative surprise as Anthem gears up for the new online marketplace for health insurance in Connecticut. The Wallingford health insurer does not have an heir apparent to the president role. Anthem is a subsidiary of WellPoint Inc.,
“He will continue in his current role until a successor is chosen and will assist in the transition,” Anthem spokeswoman Sarah S. Yeager said in a prepared statement. “A search is underway. We thank Dave for his leadership and his many contributions to the success of Anthem Blue Cross and Blue Shield and wish him the best of luck in the future.”