
New CEO at ParetoHealth
ParetoHealth, a risk financing platform for employee health benefits, has appointed Maeve O’Meara (pictured) as its chief executive. O’Meara, who has served as president since September 2023, will succeed Andrew Cavenagh, the company’s co-founder, who will remain deeply engaged in the business in the role of Executive Chairman.
O'Meara brings 20 years of leadership in healthcare and technology, having previously served as chief executive of Castlight Health, where she transformed the business into a market-leading navigation platform serving millions of Americans.
"This is an exciting milestone for ParetoHealth and reflects that our best years are in front of us. Maeve lives our core values and brings a unique combination of leadership, vision, and operational rigor to lead us in this next chapter,” said Andrew Cavenagh, executive chairman of ParetoHealth.
Since joining ParetoHealth, O'Meara has led initiatives to deepen consultant and member engagement, put in place the technology and infrastructure to operate at scale, and built out the leadership team. This work supports ParetoHealth’s continued mission to eliminate volatility and lower health benefits costs for midsize employers. A savings study from 2024 shows Members of the community realize 16.5% annual savings compared to traditional insurance.
“I’m honoured to lead a team that has truly challenged the status quo in enabling midsize employers to offer more affordable health benefits,” said O’Meara. “It is a privilege to partner with our incredible consultant and employer community to continue to innovate and redefine what is possible.”
“Maeve has already proven herself as an exceptional leader, strengthening the company’s infrastructure while guiding the team through another record-breaking sales year,” said Rafael Cofiño, managing director at Great Hill Partners and board member at ParetoHealth.
“We could not think of a better successor to Andrew, who has done a tremendous job leading the company since inception and will remain an active partner as ParetoHealth continues to help employers rein in their healthcare spend,” added Cem Behmoaram, managing director at Warburg Pincus and board member at ParetoHealth.
Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.