Joel Klein, a top executive at health insurer Oscar Health, has joined the board of directors of Juul Labs, one of the largest e-cigarette companies in the world.
Klein is the chief policy and strategy officer at Oscar, which went public earlier this month in an IPO that valued the company at $8.6 billion, according to Business Insider. He previously spent eight years as the chancellor of New York City public schools under former Mayor Michael Bloomberg. Politico first reported Klein’s appointment.
“I believe the company must continue to play a critical role in reducing the devastating harm caused by smoking,” Klein said in a statement emailed to Insider. “To accomplish that paramount goal, Juul Labs must, first and foremost, continue preventing underage use of its products.
Oscar declined to comment on Klein’s appointment.