Sapphire Digital Appoints Kyle Raffaniello as Interim Chief Executive Officer
LYNDHURST, N.J.--(BUSINESS WIRE)--Aug 19, 2019--
Sapphire Digital (formerly Vitals) announced today that the Board of Directors has appointed Kyle Raffaniello as the company’s Interim Chief Executive Officer, replacing Heyward Donigan, who left the company to become the CEO of Rite Aid. Additionally, Bryan Perler has been appointed to the newly created role of Chief Financial & Administrative Officer. These new appointments elevate two experienced company executives to lead and guide the company towards continued growth.
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Kyle Raffaniello has been elevated to the role of interim CEO of Sapphire Digital. Raffaniello brings a strong background in the health plan and provider industry to the role, having held senior sales, marketing and operations positions for over 25 years, including the last four as Sapphire Digital’s Chief Strategy and Marketing Officer. (Photo: Business Wire)
A long-term health care industry veteran, Raffaniello served as Sapphire Digital’s Chief Strategy and Marketing Officer for the past four years. She has over 25 years of experience in the health plan and provider segments. Prior to Sapphire Digital, Raffaniello was the Chief Strategy Officer and Executive Vice President of ValueOptions, a behavioral health company. She was Senior Vice President, Sales and Marketing for Consortium Health Plans, an organization focused on national account growth and retention for Blue Cross Blue Shield plans. Raffaniello has also held senior positions at a number of regional health plans, as well as led provider relations at several large medical delivery systems.
“I am proud of the team we have built at Sapphire Digital,” said Raffaniello. “The skills, experience and drive of the leadership team that I have the privilege of leading will continue the extraordinary growth and operational excellence of the company.”
Bryan Perler served as the company’s Chief Financial Officer for the past seven years. As Chief Financial and Administrative Officer, Perler will continue to lead the organization’s financial operations and growth, and will now also be responsible for the innovation and integrity of data, analytics and quality information across the organization. Prior to Sapphire Digital, he was the CFO and head of Strategy at Benchmark Solutions where he oversaw all strategic, financial and legal activities for the company. Perler also worked at Tradeweb Markets in accounting, finance and business development roles of increasing responsibility, including Director of U.S. Strategy and Business Development.
“The appointments of Kyle and Bryan to the top leadership positions in the company is a strong endorsement by the Board of Directors of our current team, strategy and direction,” said Mitch Rothschild, Sapphire Digital’s Founder and Chairman of the Board. “Kyle and Bryan have been instrumental in architecting and executing on the company’s current successful path of record growth, and the Board is confident that they will continue the positive momentum.”
About Sapphire Digital
Sapphire Digital is focused on lowering the total cost of health care for health plans, employers and consumers. Our engagement and shopping platform directs people to high-quality, more affordable medical care. Sapphire Digital leads the market with incentive and engagement programs – powered by cost and quality data, predictive analytics, network modeling and consumer research – that achieve measurable and sustainable savings. Over 95 million people each year rely on Sapphire Digital to help them decide on their care with confidence.
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KEYWORD: NEW JERSEY UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES HEALTH INSURANCE HUMAN RESOURCES GENERAL HEALTH
SOURCE: Sapphire Digital
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PUB: 08/19/2019 09:00 AM/DISC: 08/19/2019 09:00 AM