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Aetna CEO Retiring

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williams ronald aetna ap file photo bob child Aetna CEO Retiring

AP File Photo/Bob Child

INDIANAPOLIS (AP) _ Health insurer Aetna says CEO Ronald A. Williams will retire next spring, and companyPresident Mark T. Bertolini will take over starting next month.

The Hartford, Conn., company says the 54-year-old Bertolini will become CEO and be named to the board effective November 29. The 60-year-old Williams will become executive chairman and will retire in April.

Bertolini joined Aetna in 2003 and was named president in 2007. Aetna’s board plans to elect Bertolini chairman after Williams retires.

Williams joined Aetna in 2001 and was named CEO in 2006.

(Copyright 2010 by The Associated Press.  All Rights Reserved.)

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