Magellan Health Elects Two New Board Members
June 24 2020 - 04:30PM
Business Wire
Magellan Health, Inc. (NASDAQ: MGLN) today announced that
Christopher J. Chen, M.D., and Mural R. (Joe) Josephson have been
elected to Magellan’s board of directors at the 2020 Annual Meeting
of Stockholders.
“We are fortunate to welcome two deeply experienced
professionals to our board of directors,” said Kenneth Fasola,
chief executive officer of Magellan Health. “Dr. Chen’s
entrepreneurial and medical strengths, combined with Joe’s
financial experience in the insurance industry, will be great
assets to Magellan.”
Dr. Chen serves as chief executive officer of ChenMed LLC, a
physician-led company that aims to bring concierge-style medicine
and better health outcomes to seniors. Under Dr. Chen’s leadership,
ChenMed grew from a handful of South Florida centers to the 59 it
operates in eight states today. The senior-focused primary care
practice delivers industry-leading health outcomes and patient
satisfaction with significantly lower total cost of care. A
clinically trained physician, Dr. Chen is board certified in
several specialty areas centered on primary care and cardiology and
is licensed to practice medicine in several states.
Mr. Josephson is a retired insurance executive who most recently
was with Kemper Insurance Companies, having retired in 2002. At
Kemper, he held key management positions, including senior vice
president and chief financial officer, as well as senior vice
president of finance. Prior to joining Kemper, Josephson held
several senior level positions at KPMG, including 19 years as an
audit partner. From 2007 until he retired in April 2020, he served
on the board of directors of Argo Group International Holdings,
Ltd., as a member of the audit committee. Josephson also recently
served on the board of directors and as chair of the audit
committee at HealthMarkets, Inc. Josephson is a registered
certified public accountant in Illinois.
Magellan’s Board of Directors also includes the following
incumbent members who were re-elected at the 2020 Annual Meeting of
Stockholders: Steven J. Shulman, Swati Abbott, Kenneth J. Fasola,
Peter A. Feld, G. Scott MacKenzie, Leslie V. Norwalk and Guy P.
Sansone. The election results were filed with the Securities and
Exchange Commission on Form 8-K on June 19, 2020.
About Magellan Health: Magellan Health, Inc., a Fortune
500 company, is a leader in managing the fastest growing, most
complex areas of health, including special populations, complete
pharmacy benefits and other specialty areas of healthcare. Magellan
supports innovative ways of accessing better health through
technology, while remaining focused on the critical personal
relationships that are necessary to achieve a healthy, vibrant
life. Magellan's customers include health plans and other managed
care organizations, employers, labor unions, various military and
governmental agencies and third-party administrators. For more
information, visit MagellanHealth.com.
(MGLN-GEN)
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version on businesswire.com: https://www.businesswire.com/news/home/20200624005804/en/
Media Contact: Lilly Ackley, ackleyl@magellanhealth.com,
(860) 507-1923 Investor Contact: Joe Bogdan,
jbogdan@magellanhealth.com, (860) 507-1910
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