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Prepared By R.R. Donnelley Financial -- Form 8-K
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form 8-K
 
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported):  10/15/2007
 
MOLINA HEALTHCARE, INC.
(Exact name of registrant as specified in its charter)
 
Commission File Number:  001-31719
 
DE
  
134204626
(State or other jurisdiction of
  
(IRS Employer
incorporation)
  
Identification No.)
 
One Golden Shore Drive
Long Beach, CA 90802-4202
(Address of principal executive offices, including zip code)
 
562 435 3666
(Registrant’s telephone number, including area code)
 
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[  ]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

 
Item 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
 
On October 15, 2007, Wayne Lowell tendered his resignation as a director of the Company. At the time of his resignation, Mr. Lowell was serving as a Class I director whose term would expire at the Company's 2009 annual meeting of stockholders. Mr. Lowell's resignation relates to a change in his job circumstances. A copy of Mr. Lowell's letter of resignation to Dr. J. Mario Molina, the chairman of the board, is attached hereto as Exhibit 99.1.

 
 
Item 9.01.    Financial Statements and Exhibits
 
(d) Exhibits

Letter of resignation of Wayne Lowell dated October 15, 2007.

 

 

Signature(s)
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
      
 
MOLINA HEALTHCARE, INC.
 
 
Date: October 16, 2007
     
By:
 
/s/    Mark L. Andrews
               
Mark L. Andrews
               
Chief Legal Officer and Corporate Secretary
 
 

 

Exhibit Index
 
Exhibit No.
  
Description
EX-99.1
  
Letter of resignation of Wayne Lowell dated October 15, 2007.
Exhibit 99

Exhibit 99.1

 

 

Jonchra Associates LLC

Wayne Lowell

 

 

 

 

VIA EMAIL AND FACSIMILE

Dr. Mario Molina, Chairman and CEO

Molina Healthcare

One Golden Shore Drive

Long Beach, CA 90802

October 15, 2007

Dear Mario:

Regretfully, this letter is to submit my resignation from the Molina Healthcare Board of Directors. As such, I hereby resign from the Molina Healthcare Board of Directors.

As we have discussed, my current job status is changing. As a result of my job change you have asked me to resign from Molina's Board of Directors. We have mutually agreed that I should resign. I have no issues or any other reasons for submitting my resignation, other than my job change.

I have enjoyed our five and half years of working together and being a part of Molina's success. It has been rewarding to be a part of Molina's growth and evolution. Going back to when we first began working together, and the company having one-sixth the revenue of today, and being much more concentrated in four states than it is today, there has been tremendous accomplishment. Also, the growth and development of the finance organization is something I take pride in having been a part of.

Thanks for the opportunity to have been a part of Molina's success. I will miss working with you, John and the rest of the Molina team

Best wishes,

/s/ Wayne Lowell

Wayne Lowell