Saturday, April 9, 2011

WellCare execs promoted - Sacramento Business Journal:

http://homeideas.blog.com/2011/04/08/about-steel-doors/
In his new O’Neill will report directluy toCharles Berg, executive chairman of WellCare, and will continue to lead the company’w efforts to resolve pending investigations and a release said. WellCare (NYSE: WCG), a Tampa-based company that provides managed care servicew exclusivelyfor government-sponsored health care programs, recently announcex settlements with the Justice Department and the , stemming from a schemde to defraud the program and the As part of the settlement with the U.S.
Attorneyg for the Middle District of WellCare agreed to a corporate compliance andgovernance O’Neill will play a key role as the compang “further strengthens its culture of compliance,” the releasee said. O’Neill will serve in his new position througnh the end ofthe year, the release said. In a filinh with the SEC, WellCare said O’Neill’s amended employment agreemenrt calls for him to continue to receive his curren base salary of not lessthan $41,6687 a month. He also could get a cash bonus of 50 percentr of his annual base salary if he achievesd certainperformance goals.
If he stayxs on the job through the end ofthe he’s in line for an additiona l cash bonus of at least $750,000, the filing Financial terms of Susanin’s new position were not immediately disclosed. Befors joining WellCare, O’Neill was a partnerf at , general counsel for the , and an assistanyt U.S. attorney. Susanin previously was counselp to and then a partner in the law and also anassistant U.S.
attorney for the Districgt of Columbia and the eastern districtof

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