Highmark Health named John Orner senior vice president and chief investment officer. He replaces Dennis Cronin who plans to retire at the end of the year after more than 28 years in the position.
As chief investment officer, Orner will oversee the Treasury Services Division of Highmark Health, which will include investment activities and corporate insurance functions for all of the company’s entities.
He will also supervise debt issuance and monitoring activities for Highmark.
Orner has more than 30 years of treasury, business development, and investment experience, primarily with Blue Cross Blue Shield of Minnesota. He has served as the insurer’s vice president, treasurer, and chief investment officer since 2009, overseeing $4.5 billion of asset across a wide spectrum of portfolios, leading cash flow forecasting and cash management of over $13 billion in annual cash flows, and managing BCBSM organization-wide risk management.
He has an MBA from University of St. Thomas Opus College of Business in St. Paul, Minnesota and a bachelor’s degree in management from Cardinal Stritch University in Milwaukee, Wisconsin.