Blue Shield of California issued the following announcement on June 28.

Blue Shield of California announced that it has selected two external candidates to join the senior leadership team of the company: Sandra Clarke joins as senior vice president and chief financial officer; Jeff Semenchuk joins as senior vice president and chief innovation officer, a newly created role. Mick Murray, Blue Shield’s senior vice president and chief financial officer since 2013, has elected to retire. He will remain with the company through the end of 2018 working on key strategic projects.

“To transform the health care system and fulfill our mission, we need creative, dynamic leaders. Today I’m excited to announce the addition of two such leaders to the Blue Shield team – Sandra Clarke and Jeff Semenchuk,” said Paul Markovich, president and chief executive officer.

“I can’t thank Mick Murray enough for his dedication to seeing that we fulfill our mission. From helping to identify his successor, to providing leadership as we navigate the acquisition and integration of Care1st Health Plan, Mick always puts the interests of Blue Shield and our members first and challenges us to find creative ways to solve our toughest problems.”

Clarke joins Blue Shield effective August 6 from Daiichi Sankyo Inc., the U.S. subsidiary of Tokyo-based Daiichi Sankyo Ltd., which develops and markets a range of pharmaceuticals. Clarke served as senior vice president and chief financial officer of the company in Basking Ridge, N.J. Clarke has also held senior finance roles at Philips Healthcare, where she served as CFO of its North & South America Commercial Group and at Siemens Water Technologies Group, where she was vice president of finance and controller. Clarke holds a Bachelor of Science degree from Massachusetts Institute of Technology with a concentration in finance, and a Master of Science degree in Accounting, from Bentley University in Waltham, Mass.

“This is a dynamic time in U.S. health care. One of the highly compelling reasons to join Blue Shield is the organization's mission to improving health care for everyone. I am excited to be part of the team that will make this happen,” Clarke said.

Semenchuk joins Blue Shield from Yaro (formerly Zest Health), a health care/financial technology startup, where he is chief executive officer. Prior to Yaro, he served as chief innovation officer at Hyatt Hotels; co-founder and CEO of Citi Ventures and managing director of Citi’s global ventures and innovation team; and head of global innovation at Pfizer Consumer Healthcare. He earned a B.A. in Communications from Wheaton College and an M.A. in Communications from Northern Illinois University. He and his wife Sonia currently live in Chicago and will be relocating to the Bay Area in August.

“I’m so happy and honored to join Blue Shield in this new role. I share the team’s passion for helping our members have healthy lives by making health care personal, affordable and easy to access,” Semenchuk said. “We all know that the healthcare system has become dysfunctional, fragmented, and costly. We must, and we will, transform the experience for our members and partners. I’m excited to be part of an organization that will disrupt the status quo.”

Added Markovich: “I am proud that Sandra and Jeff chose Blue Shield. They are both great examples of the leaders we look for: They have built great teams, achieved results and have continued to learn throughout their careers. I’m also excited about the future we can build together to truly transform care.”

Original source can be found here.