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4-Traders Homepage  >  Equities  >  Nyse  >  Aetna Inc    AET

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Aetna Inc. : Aetna International Names Eugene Marks as General Manager of Americas Region

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05/07/2012 | 09:05pm CEST

Aetna (NYSE: AET), a leading global diversified health care benefits company, announced today that Eugene Marks has been named general manager of the Americas region for its International business. In this new role, Marks is responsible for expanding the company's international business across the U.S., Canada, Latin America and the Caribbean, including global health benefits for expatriates and local nationals; life and disability insurance; health care technology and analytics; and health management solutions. The appointment is effective immediately.

Marks, who will be based in Hartford, Conn., joins Aetna from MetLife, where he most recently served as the executive vice president in the international business with responsibility for global employee benefits, expatriate business, pensions and bank distribution across 60 countries.

"Eugene is an established global executive with a track record of managing successful businesses across diverse regions of the world, including the U.S., Latin America, Europe and Asia," said Sandip Patel, head of Aetna International. "We are pleased Eugene is joining our team to lead our next phase of growth in the Americas region, which is the hub of our expatriate benefits business serving multinational corporations. Building solutions with Aetna's U.S. global franchise customers will be a focus to leverage for success."

Marks served for more than 30 years with MetLife in leadership positions across the globe managing regions and country operations, based in Mexico, Hong Kong, Japan, U.K. and the U.S. He holds a Bachelor of Science degree in business administration from the University of Dayton.

About Aetna International

Aetna International is committed to helping create a stronger, healthier global community by delivering comprehensive health benefits and health management solutions worldwide. Aetna International's expatriate business is one of the industry's largest and most prominent international health benefits providers, supporting more than 430,000 members worldwide. The organization's expatriate offerings include medical, dental, vision, life, disability and emergency assistance. Aetna International's health management business collaborates with health care systems, government entities and plan sponsors around the world to design and build locally-applied health management solutions to improve health, quality and cost outcomes. For more information, see www.aetnainternational.com.

About Aetna

Aetna is one of the nation's leading diversified health care benefits companies, serving approximately 36.1 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, and medical management capabilities, Medicaid health care management services and health information technology services. Our customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see www.aetna.com.

Cynthia Michener, 1-860-273-8553

© Business Wire 2012
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Financials ($)
Sales 2016 63 255 M
EBIT 2016 4 945 M
Net income 2016 2 583 M
Debt 2016 4 521 M
Yield 2016 0,90%
P/E ratio 2016 15,20
P/E ratio 2017 13,54
EV / Sales 2016 0,69x
EV / Sales 2017 0,64x
Capitalization 39 027 M
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Number of Analysts 21
Average target price 137 $
Spread / Average Target 23%
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Mark T. Bertolini Chairman & Chief Executive Officer
Karen S. Lynch President
Margaret M. McCarthy Executive Vice President-Operations & Technology
Shawn M. Guertin CFO, Executive VP & Chief Enterprise Risk Officer
Harold L. Paz Chief Medical Officer & Executive Vice President
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