eHealth Announces CEO Succession
eHealth (NASDAQ: EHTH), a leading online health insurance marketplace, has announced a significant leadership transition. Derrick Duke, current CEO of Magellan Health, will join eHealth as CEO on September 18, 2025, succeeding Fran Soistman, who will retire but remain on the Board of Directors.
Duke brings extensive healthcare management experience from Magellan Health, where he served as CEO and previously held dual roles as COO and CFO. The transition process will begin on August 4, 2025, with Soistman staying on as an executive advisor through December 31, 2025, to ensure a smooth handover.
eHealth (NASDAQ: EHTH), un'importante piattaforma online per l'assicurazione sanitaria, ha annunciato un significativo cambio nella leadership. Derrick Duke, attuale CEO di Magellan Health, entrerà a far parte di eHealth come CEO a partire dal 18 settembre 2025, succedendo a Fran Soistman, che andrà in pensione ma rimarrà nel Consiglio di Amministrazione.
Duke porta con sé una vasta esperienza nella gestione sanitaria, acquisita in Magellan Health, dove ha ricoperto il ruolo di CEO e in precedenza ha svolto contemporaneamente le funzioni di COO e CFO. Il processo di transizione inizierà il 4 agosto 2025, con Soistman che resterà come consulente esecutivo fino al 31 dicembre 2025 per garantire un passaggio di consegne senza intoppi.
eHealth (NASDAQ: EHTH), un destacado mercado en línea de seguros de salud, ha anunciado una importante transición en su liderazgo. Derrick Duke, actual CEO de Magellan Health, se unirá a eHealth como CEO el 18 de septiembre de 2025, sucediendo a Fran Soistman, quien se retirará pero permanecerá en la Junta Directiva.
Duke aporta una amplia experiencia en gestión sanitaria de Magellan Health, donde fue CEO y anteriormente desempeñó simultáneamente los cargos de COO y CFO. El proceso de transición comenzará el 4 de agosto de 2025, con Soistman permaneciendo como asesor ejecutivo hasta el 31 de diciembre de 2025 para asegurar una transición fluida.
eHealth (NASDAQ: EHTH)는 선도적인 온라인 건강 보험 마켓플레이스로서 중요한 리더십 변화를 발표했습니다. 현재 Magellan Health의 CEO인 Derrick Duke가 2025년 9월 18일부터 eHealth의 CEO로 합류하여 은퇴 예정인 Fran Soistman의 뒤를 잇습니다. Soistman은 이사회에 남게 됩니다.
Duke는 Magellan Health에서 CEO를 역임했으며, 이전에는 COO와 CFO를 겸임하는 등 광범위한 의료 관리 경험을 보유하고 있습니다. 전환 과정은 2025년 8월 4일에 시작되며, Soistman은 원활한 인수인계를 위해 2025년 12월 31일까지 임원 고문으로 남아 있을 예정입니다.
eHealth (NASDAQ : EHTH), une place de marché en ligne majeure pour l'assurance santé, a annoncé une transition importante au niveau de sa direction. Derrick Duke, actuel PDG de Magellan Health, rejoindra eHealth en tant que PDG à partir du 18 septembre 2025, succédant à Fran Soistman, qui prendra sa retraite mais restera au conseil d'administration.
Duke apporte une vaste expérience en gestion de la santé acquise chez Magellan Health, où il a été PDG et a auparavant occupé simultanément les postes de COO et CFO. Le processus de transition débutera le 4 août 2025, avec Soistman qui restera conseiller exécutif jusqu'au 31 décembre 2025 afin d'assurer une passation fluide.
eHealth (NASDAQ: EHTH), ein führender Online-Marktplatz für Krankenversicherungen, hat eine bedeutende Führungsänderung bekannt gegeben. Derrick Duke, derzeitiger CEO von Magellan Health, wird am 18. September 2025 als CEO zu eHealth wechseln und Fran Soistman nachfolgen, die in den Ruhestand geht, aber im Vorstand bleibt.
Duke bringt umfangreiche Erfahrung im Gesundheitsmanagement von Magellan Health mit, wo er als CEO tätig war und zuvor die Funktionen des COO und CFO gleichzeitig innehatte. Der Übergangsprozess beginnt am 4. August 2025, wobei Soistman bis zum 31. Dezember 2025 als Executive Advisor bleibt, um einen reibungslosen Übergang zu gewährleisten.
- Appointment of experienced healthcare executive Derrick Duke with strong financial and operational background
- Smooth leadership transition planned with outgoing CEO remaining as advisor and board member
- Continuity maintained through structured transition period from August to December 2025
- Strong performance noted in 2024 Annual Enrollment Period under current leadership
- Departure of successful CEO Fran Soistman who led recent business transformation
Insights
eHealth's CEO transition brings healthcare industry veteran Derrick Duke to lead the company, while retiring CEO Soistman remains on the board ensuring continuity.
eHealth's appointment of Derrick Duke as CEO represents a strategic leadership transition with significant governance implications. Duke brings valuable dual expertise in both operational and financial leadership from his time at Magellan Health, where he served as CEO and previously as COO/CFO. This blend of financial discipline and operational know-how is particularly relevant for eHealth as it continues its business transformation journey.
The structured transition period (August 4 to September 18) demonstrates good governance practices, allowing for knowledge transfer and operational continuity. Additionally, keeping outgoing CEO Fran Soistman on the board and as an executive advisor through year-end creates a stabilizing bridge during this leadership change.
The board's comments suggest they're seeking to build on Soistman's operational transformation work with Duke's expertise in "streamlining operations and driving efficiency" – indicating potential continuation of cost discipline while pursuing growth opportunities. Duke's background at Magellan, a healthcare management organization, also brings valuable industry-specific knowledge to eHealth's online insurance marketplace model.
This transition appears to be part of a planned succession rather than an unexpected departure, as indicated by the reference to Soistman's previously announced retirement plans. The board's emphasis on Duke's financial acumen alongside operational expertise signals continued focus on "profitable growth" rather than just revenue expansion.
Derrick Duke Appointed Chief Executive Officer After Transition Period
Fran Soistman to Retire, Remain on eHealth Board of Directors
Derrick Duke currently serves as CEO of Magellan Health, a leading national healthcare management organization and subsidiary of Centene Corporation (NYSE: CNC). Previously, he held senior leadership roles at Magellan, including the dual roles of Chief Operating and Chief Financial Officer where he led the finance organization, business transformation initiatives, and behavioral health clinical services.
"We are thrilled to welcome Derrick Duke as eHealth's next CEO. He brings a rare combination of financial acumen, operational expertise, and deep knowledge of the healthcare and insurance landscape – exactly what's needed to lead eHealth into its next phase of profitable growth," said Beth Brooke, Chair of eHealth's Board of Directors. "At Magellan, Derrick's leadership during a key transitional period helped streamline operations, drive efficiency, and position the company for long-term growth. The Board is confident that under his seasoned leadership, eHealth will continue to innovate and deliver exceptional value to our customers, stockholders, and stakeholders alike."
"I am honored to join eHealth at such a pivotal time in its journey. The company's proud legacy of helping millions of consumers navigate complex healthcare decisions is inspiring, and its modern, technology-driven approach to empowering consumers with the tools to make informed decisions resonates deeply with me. I'm excited to build on that foundation and work alongside eHealth's talented leadership team to drive even greater value to our customers," commented Derrick Duke.
"Leading eHealth has been a privilege, and I am incredibly proud of what we have accomplished together. I want to thank our employees, partners, and customers for their trust and commitment. I am confident that under Derrick's leadership, eHealth will continue to grow and evolve as a leader in helping individuals, families, and businesses find the right health coverage for their needs," commented Fran Soistman.
Beth Brooke continued, "On behalf of the entire eHealth Board and Company, I want to express our deepest gratitude to Fran for his outstanding leadership and contributions to eHealth. His vision and dedication have been instrumental in successfully transforming our business operations, evidenced in the Company's incredibly strong 2024 Annual Enrollment Period. The foundation that Fran has created in his transformational leadership will allow Derrick to take eHealth to even greater heights. Although Fran is retiring, we are thrilled that he will remain on our eHealth Board."
About Derrick Duke
Derrick Duke brings over 30 years of strategic leadership and financial expertise in the health insurance and managed care sectors. Most recently, he served as Chief Executive Officer at Magellan Health, a leading national healthcare management firm, where he led strategic growth and operational execution following a rapid rise through the C-suite – first as Chief Risk Officer in 2020, and then as Chief Operating and Financial Officer in early 2022.
Before joining Magellan, Derrick spent nearly 16 years at HealthMarkets, one of the largest
Earlier in his career, Derrick was Executive Vice President and Chief Investment Officer at National Health Insurance (now part of Allstate Insurance), where he gained deep experience in investment strategy and insurer financial management.
Derrick holds a bachelor's degree in finance from Hardin-Simmons University and an MBA from the University of
About eHealth, Inc.
We're Matchmakers. For over 25 years, eHealth has helped millions of Americans find the healthcare coverage that fits their needs at a price they can afford. As a leading independent licensed insurance agency and advisor, eHealth offers access to over 180 health insurers, including national and regional companies.
For more information, visit eHealth.com or follow us on LinkedIn, Facebook, Instagram, and X. Open positions can be found on our career page.
Forward Looking Statements
This press release contains certain forward-looking statements that are inherently subject to various risks and uncertainties that could cause actual results to differ materially from the statements made, including the date the incoming CEO is expected to join us as an employee, the expected date of the CEO transition, and our expectations regarding our business, industry and market trends, including market opportunity, consumer demand and our competitive advantage. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include those described in eHealth's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission and available on the investor relations page of eHealth's website at http://www.ehealthinsurance.com and on the Securities and Exchange Commission's website at www.sec.gov.
All forward-looking statements in this press release are based on information available to eHealth as of the date hereof, and eHealth does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.
Contact:
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Chief Communications Officer
pr@ehealth.com
Investors
Kate Sidorovich, CFA
Senior Vice President, Investor Relations & Corporate Development
investors@ehealth.com
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SOURCE eHealth, Inc.
FAQ
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