NC Blue Cross CEO Greczyn faces final day at top

CHAPEL HILL, N.C. — The top executive of North Carolina’s largest health insurer is retiring after 11 years as president and CEO.

Chief executive officer Bob Greczyn’s last day on the job at Blue Cross and Blue Shield of North Carolina is Monday. He’ll be succeeded by Brad Wilson, a former Lenoir lawyer who was former Gov. Jim Hunt’s top legal adviser before joining Blue Cross in 1995.

Blue Cross last week declined to release details of Greczyn’s retirement package. His compensation was nearly $4 million in 2008, the last year the not-for-profit company made available.

Blue Cross is the health insurer for almost 40 percent of the state’s population. It said annual revenues tripled and membership nearly doubled to 3.7 million members during Greczyn’s tenure.
     
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