Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Kaiser Permanente CEO Bernard Tyson dies unexpectedly at 60

Published 2019-11-10, 11:08 p/m
© Reuters. FILE PHOTO: Bernard J. Tyson, Chairman and CEO of Kaiser Permanente, speaks at the 2019 Milken Institute Global Conference in Beverly Hills

(Reuters) - Bernard J. Tyson, chairman and chief executive officer of not-for-profit health insurer Kaiser Permanente, died unexpectedly in his sleep on Sunday, aged 60, the company said in a statement.

Tyson, who held the top job since 2013, was Oakland, California-based Kaiser Permanente's first black chief executive and a strong proponent for affordable and accessible healthcare.

The company did not give a cause of death. A company spokesperson did not immediately respond to a request for comment.

A day earlier on Saturday, the San Francisco native took to Twitter to post about "high-tech and high-touch" healthcare.

Tyson was described by colleagues in a company statement as "an outstanding leader, visionary and champion for high-quality, affordable health care for all Americans."

In response to Tyson's death, the National Union of Healthcare Workers postponed a five-day strike by 4,000 mental health professional that had been set to begin on Monday at more than 100 Kaiser clinics across California.

"Our members dedicate their lives to helping people through tragedy and trauma, and they understood that a strike would not be appropriate during this period of mourning and reflection," union president Sal Rosselli said in a statement.

The union, locked in a contract dispute its leaders say centers on demands for improved retirement and health benefits for Kaiser's mental health clinicians, has yet to reschedule the strike, he said.

Kaiser's annual operating revenue as of June was nearly $80 billion, up from about $53 billion in 2013 when Tyson took over as CEO, according to the company's website.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The company, which serves more than 12 million people across the United States and was founded in 1945, named Gregory Adams, executive vice president, as interim chairman and CEO.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.