| [February 14, 2012] |
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Molina Healthcare Appoints Garrey E. Carruthers to Its Board of Directors
LONG BEACH, Calif. --(Business Wire)--
Molina Healthcare, Inc. (NYSE: MOH) today announced that Garrey E.
Carruthers, a former Governor of New Mexico, has been elected to serve
as a director by the Company's Board of Directors. Dr. Carruthers will
fill an existing vacancy in Class I of the Board.
"Governor Carruthers' extensive experience in health care, in
government, and in business gives him a unique perspective and insight
into our company," said J. Mario Molina, M.D., president and chief
executive officer of Molina Healthcare, Inc. "During this exciting time
of growth and change in our industry, he will be a true asset for the
Company and a great addition to our Board."
Dr. Carruthers joins the Molina Healthcare Board of Directors following
a distinguished career of public service in government, higher
education, and health care. Since 2003, he has served as the Dean of the
Collge of Business of New Mexico State University, where he also serves
as Vice President for Economic Development, and as the University's
Director of its Pete V. Domenici Institute.
Dr. Carruthers served as Governor of the state of New Mexico from 1987
to 1990. From 1981 to 1984, he served as the Assistant Secretary of the
United States Department of the Interior. From 1993 to 2003, Dr.
Carruthers was the president and chief executive officer of Cimarron
Health Plan in New Mexico, the predecessor entity to the Company's New
Mexico health plan, Molina Healthcare of New Mexico, Inc. Dr. Carruthers
holds a Ph.D. in economics from Iowa State University.
About Molina Healthcare, Inc.
Molina Healthcare, Inc. provides quality and cost-effective
Medicaid-related solutions to meet the health care needs of low-income
families and individuals and to assist state agencies in their
administration of the Medicaid program. Our licensed health plans in
California, Florida, Michigan, Missouri, New Mexico, Ohio, Texas, Utah,
Washington, and Wisconsin currently serve approximately 1.7 million
members, and our subsidiary, Molina Medicaid Solutions, provides
business processing and information technology administrative services
to Medicaid agencies in Idaho, Louisiana, Maine, New Jersey, and West
Virginia, and drug rebate administration services in Florida. More
information about Molina Healthcare is available at www.molinahealthcare.com.
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