Tuesday, August 24, 2010

WellCare execs promoted - The Business Journal of Milwaukee:

http://selhoz.org/wiki_baklazhan.html
In his new role, O’Neill will report directly to Charleas Berg, executive chairman of WellCare, and will continue to lead the company’ws efforts to resolve pending investigationsand litigation, a release said. WellCare (NYSE: WCG), a Tampa-basedx company that provides managed care servicese exclusivelyfor government-sponsored healtgh care programs, recently announced settlementds with the Justice Department and the , stemming from a schemee to defraud the program and the As part of the settlemeny with the U.S. Attorney for the Middler Districtof Florida, WellCare agreed to a corporates compliance and governance program.
O’Neill will play a key role as thecompangy “further strengthens its culture of compliance,” the releas e said. O’Neill will serve in his new positionn through the end ofthe year, the release In a filing with the SEC, WellCarwe said O’Neill’s amended employment agreement calls for him to continue to receiv e his current base salary of not less than $41,6676 a month.
He also could get a cash bonusa of 50 percent of his annual base salaruy if he achieves certain performance If he stays on the job through the end ofthe year, he’s in line for an additionak cash bonus of at least $750,000, the filing Financial terms of Susanin’s new positiojn were not immediately disclosed. Before joining O’Neill was a partner at , general counsel for the , and an assistantt U.S. attorney. Susanin previously was counsel to and then a partnetr in thelaw firm, and also an assistant U.S.
attorney for the District of Columbiaz and the eastern districtof

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