An insurance distributor that benefits from problems with Affordable Care Act major medical coverage programs has shaken up its leadership team.
The board of Tampa, Florida-based Health Insurance Innovations has picked Paul Gabos to be the company’s new chairman, and Gavin Southwell to be the company’s chief executive officer.
Gabos succeeds Michael Kosloske, the company founder. Kosloske will continue to be a director, and he will take the post of chief of product innovation, the company says.
Gabos previously was chief financial officer of Clearwater, Florida-based Lincare Holdings, a home health care company, until the company was acquired. Before Gabos began to work for Lincare, he was a mergers and acquisitions specialist at Dean Witter Reynolds.
Southwell, who became Health Insurance Innovations’ president in July, will succeed Patrick McNamee as the company’s chief executive officer.
Related: Health Insurance Innovations hires president
Health Insurance Innovations hired McNamee to be its president in June 2015. McNamee resigned, according to a copy of McNamee’s separation agreement that was filed with the U.S. Securities and Exchange Commission.
From 2009 to January 2016, Southwell as the chief operations officer at Cooper Gay & Co., a London-based insurance broker.
Health Insurance Innovations named Josef Denother, its vice president of operations, to be its chief operating officer around the same time it hired Southwell. Like McNamee, Denother has resigned from the company, according to a copy of Denother’s separation agreement filed with the SEC.