Molina Healthcare Chief Operating Officer Terry Bayer to Retire
12 January 2018 - 8:15AM
Business Wire
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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Molina Healthcare, Inc.Ryan Kubota, 562-435-3666Investor
RelationsorLaura Murray, 562-506-9208Public Relations
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