Connecture Chief Financial Officer James Purko is leaving at the end of the month to pursue other opportunities.
Brookfield, Wis.-based Connecture creates online health insurance exchanges. The company said Purko's departure was planned and that it is searching for a replacement. No other details were disclosed.
Purko has been with Connecture since 2011. As CFO, Purko's compensation topped $630,000 in 2015, up from $570,000 in 2014, according to documents filed with the SEC.
Connecture creates platforms for exchanges and online marketplaces for employers, health insurers and federal and state governments. It works with large insurers, like Blue Cross and Blue Shield affiliates, and provides the technology behind Medicare.gov and some state-based health insurance exchanges.
Connecture went public in late 2014 and reported $96 million in revenue for 2015. The company has struggled to turn a profit, however, because private insurance exchanges haven't taken off as initially expected.
In June, Connecture bought Chicago-based exchange rival ConnectedHealth for an undisclosed amount.
