Blue Shield of California Appoints Kevin Jacobsen to Board
OAKLAND, Calif., Feb. 23, 2026 – Blue Shield of California has announced the appointment of Kevin Jacobsen, an accomplished financial leader and the former Chief Financial Officer (CFO) of The Clorox Company, to its Board of Directors. With a career spanning over three decades, Jacobsen brings a wealth of experience in financial and operational leadership to the nonprofit health plan, reinforcing its commitment to innovation and sustainable health care for Californians.
Jacobsen’s Distinguished Background in Finance and Operations
Kevin Jacobsen’s impressive career includes more than 30 years of guiding global organizations through complex financial landscapes. During his seven-year tenure as CFO at Clorox, Jacobsen managed critical areas such as financial reporting, internal controls, risk management, tax, treasury, investor relations, and mergers and acquisitions. His oversight extended to global business services and the implementation of major digital and operational transformation initiatives.
One of Jacobsen’s notable achievements at Clorox was his role as a co-architect of the company’s multi-year IGNITE transformation strategy. This comprehensive plan focused on strengthening operations, advancing digital capabilities, evolving the corporate portfolio, and driving innovation. He also spearheaded the integration of a global ERP system, enhancing the company’s financial planning and reporting processes and increasing operational efficiency across the enterprise.
Leadership and Board Experience
Beyond his executive roles, Jacobsen brings significant board and governance expertise to Blue Shield of California. He currently serves on the board of Avista Corporation, where he contributes as a member of the Audit, Operations, and Technology Committees. His credentials also include being a Qualified Financial Expert and serving as Chair of the Board for the Clorox Captive Insurance Company from 2021 to 2025. Additionally, Jacobsen was a member of the Economic Advisory Council for the San Francisco Federal Reserve between 2022 and 2024, further underscoring his extensive financial acumen.
Commitment to Blue Shield’s Mission
Jacobsen expressed enthusiasm about joining Blue Shield of California’s Board of Directors. “Blue Shield’s mission and values resonate deeply with me, particularly its commitment to affordability, transparency, and improving the healthcare system for all Californians,” Jacobsen stated. “I am honored to join the board and look forward to contributing my experience to support Blue Shield’s mission to provide access to quality health care that remains sustainably affordable for everyone.”
Board Leadership Praises Jacobsen’s Appointment
Pamela DeCoste, Board Chair for Blue Shield of California, welcomed Jacobsen to the organization, emphasizing the value of his expertise. “Kevin is a deeply respected financial leader with firsthand experience guiding organizations through major operational and digital transformation,” DeCoste commented. “His ability to navigate complexity while maintaining a long-term perspective will be invaluable as Blue Shield continues to modernize healthcare delivery and pursue its vision of a healthcare system worthy of our families, friends, and communities.”
Educational Background
Jacobsen’s educational credentials further bolster his qualifications. He holds an MBA from the University of Rochester and has completed the Wharton Executive Education Program. Additionally, he earned a degree in finance from the University of California, Riverside.
About Blue Shield of California
Founded in 1939 and based in Oakland, Blue Shield of California is a nonprofit, taxpaying health plan with a mission to create a healthcare system that is both worthy of its members and sustainably affordable. As an independent member of the Blue Shield Association, the organization serves 6 million members with a workforce of over 6,500 employees and generates annual revenues exceeding $27 billion.
Blue Shield of California and its affiliates offer health, dental, vision, Medicaid, and Medicare plans throughout the state. The company has also demonstrated a strong commitment to supporting local communities, contributing more than $60 million to the Blue Shield of California Foundation in the past three years.
For more information about Blue Shield of California, visit news.blueshieldca.com, or follow the organization on LinkedIn and Facebook.
Contact Information
For media inquiries, please contact:
Mark Seelig
Blue Shield of California
510-607-2359
[email protected]
This article is inspired by content from Original Source. It has been rephrased for originality. Images are credited to the original source.