AArete Names Healthcare Executive Pam Shipley as Chief Executive Officer

CHICAGO--(BUSINESS WIRE)--Aug 12, 2026--

AArete, a leading global management and technology consulting firm, announced today the appointment of Pam Shipley as chief executive officer. A Fortune 25 healthcare executive with more than 30 years of experience, Shipley succeeds AArete founder Loren Trimble, who will transition from his role as CEO to board member.

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Shipley joins AArete from Centene Corporation, a leading managed care organization, in which she most recently served as chief strategy officer. She spent nearly 14 years at Centene over two tenures where she held multiple CEO roles in Georgia, Missouri and Mississippi and led digital transformation and market expansion across more than 15 markets.

Over her three-decade career in healthcare, Shipley has built a reputation as an executive who combines deep operational expertise with technology-enabled innovation, including senior leadership roles at Kaiser Permanente and Sharecare spanning healthcare technology, provider operations and consulting-driven transformation. Recognized for her ability to align strategy, technology and operations to drive growth, Shipley brings to AArete a track record of helping organizations navigate complex transformations in highly regulated, technology-driven environments.

“As a former client, I have worked closely with AArete throughout my career and witnessed firsthand the firm’s ability to accelerate growth and drive results,” Shipley said. “My work has always been personal to me. I’ve focused on making healthcare more affordable and effective for the people and communities served by health plans. AArete’s talented team and proven solutions are uniquely positioned to help clients do exactly that. I’m honored to build on Loren’s legacy and excited to continue delivering value for our clients.”

AArete drives profitability improvement, digital transformation and AI solutions for clients across several industries, with a particular focus on the healthcare payer segment. The firm advises U.S. health plans across lines of business, including Medicaid, Medicare, ACA Marketplace and commercial, helping clients manage the total cost of care and expand affordability without sacrificing quality or the member experience. In 2025, AArete secured a strategic investment from Parthenon Capital, a growth-oriented private equity firm with deep experience backing healthcare solutions and technology companies, further strengthening the firm’s continued growth.

“What we’ve built at AArete would not be possible without a culture built on integrity, excellence and care for the people we serve, and I’m proud that Pam will continue that legacy,” Trimble said. “She’s a purpose-driven leader whose passion for people and delivering results for clients reflects the values of the firm. I am confident she will lead AArete into its next chapter and build on the firm’s success.”

Trimble established AArete in 2008 with the goal of building a consulting firm that nurtures long-term client partnerships. Under his leadership, AArete grew into a global firm with more than 500 team members, earning recognition as a Forbes World’s Best Management Consulting Firm for four consecutive years and a USA Today Top Workplaces Award, underscoring the firm’s strong culture and people-first approach.

“AArete has become an essential partner to many of the nation’s leading health plans, and Pam is exactly the right leader to build on the firm’s momentum going forward,” said Dan Killeen, partner at Parthenon Capital. “Her payer expertise and track record of driving growth and performance make her uniquely suited to lead AArete into the future. We are grateful to Loren for his visionary leadership and look forward to his continued engagement as a member of the board.”

About AArete

AArete is a global tech-forward management consulting firm specializing in driving profitability improvement, digital transformation, and strategy & change for clients. AArete’s solutions are powered by a digital-first mindset, market intelligence and data-driven approach to deliver purposeful change, actionable insights and guaranteed results. AArete humanizes data by translating numbers into actionable insights, helping clients make better decisions and standing by their side to foster change with confidence, empathy and purpose. For more information, visit aarete.com.

Pam Shipley has been named chief executive officer of AArete, a leading global management and technology consulting firm. A Fortune 25 healthcare executive with more than 30 years of experience, Shipley succeeds AArete founder Loren Trimble, who will transition from his role as CEO to board member.

JAKARTA, Indonesia (AP) — Crews rescued 211 people and recovered the body of a passenger from a ferry that caught fire in rough seas Wednesday near the Indonesian tourist island of Bali, authorities said.

The Putri Yasmin ferry was traveling from Bali to the neighboring island of Lombok in West Nusa Tenggara province, when the fire broke out at about 4:15 a.m. The ferry was also transporting 44 vehicles and 53 motorcycles.

The Search and Rescue Office in Mataram, the capital of West Nusa Tenggara province, received an emergency report almost half an hour later and immediately deployed personnel and rescue vessels.

“Our top priority is the safety of all passengers and crew members,” said Muhammad Hariyadi, who heads the Mataram Search and Rescue Office.

Videos released by the National Search and Rescue Agency showed people wearing life jackets crowding an inflatable life raft in choppy waters during a rescue operation at sea, as thick black smoke billows from the ferry.

The rescue agency said that as of Wednesday afternoon, rescuers evacuated 211 people from the burned vessel, including 2 Australian tourists, and recovered the body of a 19-year-old Indonesian woman.

Initial reports had said the ferry was carrying 131 people, including 17 crew members, based on the ship’s manifest.

However, hours after the incident, officials said more people were aboard than listed. It is common in Indonesia for the number of passengers on a boat or ferry to differ from the manifest.

Authorities did not immediately account for the discrepancy between the initial passenger manifest and the higher number of people later reported rescued and evacuated.

“The response operation is ongoing, and authorities are continuing to account for all victims,” said Syamsurizal, head of the Lembar Port Authority. He said at least two injured passengers were rushed to a nearby hospital.

Syamsurizal, who like many Indonesians uses a single name, said investigators were determining the cause of the fire. He said that survivors told authorities the blaze appeared to have started in a cargo truck before quickly spreading through the ferry.

Hariyadi said the rescue effort was supported by six vessels, a helicopter, two inflatable boats and two private yachts. He said rough seas with waves reported as high as 4 meters (13 feet) complicated rescue efforts.

Wednesday's incident happened less than two weeks after another Indonesian ferry, the Mutiara Sentosa 2, caught fire in waters off the main island of Java, leaving at least five people dead.

Indonesia is an archipelago of more than 17,000 islands where ferries are a common method of travel. Disasters occur regularly, with weak safety enforcement often blamed.

In this photo made from video released by the Indonesian National Search and Rescue Agency (BASARNAS), smoke billows from a passenger ferry Putri Yasmin after it caught fire while traveling from the tourist island of Bali to neighboring island of Lombok, in the waters of Lombok Strait, Indonesia, Wednesday, Aug. 12, 2026. (BASARNAS via AP)

In this photo made from video released by the Indonesian National Search and Rescue Agency (BASARNAS), crew pull survivors from a passenger ferry Putri Yasmin that caught fire while traveling from the tourist island of Bali to neighboring island of Lombok toward a rescue ship in the waters of Lombok Strait, Indonesia, Wednesday, Aug. 12, 2026. (BASARNAS via AP)

In this image made from video released by the Indonesian National Search and Rescue Agency (BASARNAS), the crew of a rescue ship look on as smoke billows from a passenger ferry that caught fire while traveling from the tourist island of Bali to neighboring island of Lombok, in the waters of Lombok Strait, Indonesia, Wednesday, Aug. 12, 2026. (BASARNAS via AP)