WellCare hiring Aetna executive as CFO

TAMPA — WellCare Health Plans Inc. announced today that Andrew “Drew” Asher will join the company as senior vice president, effective Aug. 29. He is expected to be appointed as chief financial officer by the board of directors in November after the third quarter financial reporting process is completed. Tom Tran will remain as CFO until Asher's appointment becomes official.

Asher is currently the CFO of Aetna's Local and Regional Businesses, a position he has held since May 2013 when his former employer, Coventry Health Care, was acquired by Aetna. Asher was with Coventry for 15 years, most recently as senior vice president of corporate finance. He was primarily responsible for financial planning and analysis, investor relations, mergers and acquisitions, treasury and procurement.

Prior to that he was vice president of finance and operations and CFO for Oxford Health Plans of Florida for two years and was a senior accountant and auditor for Deloitte & Touche LLP for five years.

“Drew is a seasoned health care executive with a track record of driving profitable growth, building business partnerships, engaging capital markets and managing company-wide financial functions,” Dave Gallitano, chairman of the board and CEO, says in a press release.