LONG BEACH, Calif.--(BUSINESS WIRE)--Jan. 11, 2018--
Molina Healthcare, Inc. (NYSE: MOH) today announced that Terry Bayer,
the Company’s chief operating officer, will be retiring in the next
several weeks.
“It has been my privilege to serve the Molina Healthcare organization
for the last 13 years,” said Terry Bayer. “I leave with a great sense of
pride regarding our accomplishments in increasing access to quality
health care by working with our federal and state government partners in
12 states and the Commonwealth of Puerto Rico.”
“I would like to thank Terry Bayer for her years of dedication and many
contributions to Molina Healthcare,” said Joe Zubretsky, president and
chief executive officer of Molina Healthcare, Inc. “As we write the next
chapter of Molina Healthcare’s story, we are working toward an
organizational structure and executive team that can deliver on our
margin recovery and sustainability plan.”
The corporate chief operating officer role will no longer be a part of
Molina’s organizational structure. This is consistent with the Company’s
shift to a flatter organizational structure that will enable the chief
executive to be more directly involved with business and health plan
operations.
About Molina Healthcare
Molina Healthcare, Inc., a FORTUNE 500 company, provides managed health
care services under the Medicaid and Medicare programs and through the
state insurance marketplaces. Through our health plans operating in 12
states across the nation and in the Commonwealth of Puerto Rico, Molina
serves approximately 4.5 million members as of September 30, 2017. For
more information about Molina Healthcare, please visit our website at molinahealthcare.com.
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Source: Molina Healthcare, Inc.
Molina Healthcare, Inc.
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