Mr. Schindelman will be succeeded by Jay Matushak, the payer’s current CFO. Mr. Matushak will helm Bright HealthCare as interim CEO while the company conducts a national search for a permanent leader.
The Bloomington, Minn.-based payer, an arm of Bright Health Group, offers individual and family, Medicaid and small business health plans in 17 states. Cigna invested $750 million in the payer’s parent company in December 2021.
Bright Health Group declined any further comment on the resignation beyond the SEC filing.
