Clover Health names Andrew Toy next CEO

Clover Health CEO Vivek Garipalli will step down and be succeeded by Andrew Toy at the start of next year, the company announced Monday.

Toy, currently the company’s president and chief technology officer, will take over Jan. 1, when Garipalli will become executive chair. The outgoing CEO will be active in plotting Clover Health’s strategy for the foreseeable future, while Toy will focus on the company’s finances and day-to-day…