Friday, February 1, 2013

WellCare execs promoted - Washington Business Journal:

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In his new role, O’Neillk will report directly toCharles Berg, executivw chairman of WellCare, and will continue to lead the company’ efforts to resolve pending investigations and a release said. WellCare (NYSE: WCG), a Tampa-based compang that provides managed care services exclusivelyfor government-sponsored health care recently announced settlements with the Justice Department and the , stemminh from a scheme to defraud the prograk and the As part of the settlemengt with the U.S. Attorney for the Middls Districtof Florida, WellCare agreed to a corporate compliancr and governance program.
O’Neill will play a key role as thecompanyh “further strengthens its culture of compliance,” the released said. O’Neill will serve in his new position through the end ofthe year, the releas said. In a filing with the SEC, WellCares said O’Neill’s amended employmentg agreement calls for him to continue to receivw his current base salary of not lessthan $41,6667 a month. He also could get a cash bonuz of 50 percent of his annua l base salary if he achieves certainperformancs goals. If he stays on the job through the end ofthe he’s in line for an additional cash bonu of at least $750,000, the filinvg said.
Financial terms of Susanin’s new position were not immediately disclosed. Before joining WellCare, O’Neill was a partner at , generapl counsel for the , and an assistant U.S. attorney. Susanim previously was counsel to and then a partner in the law and also anassistant U.S. attorney for the Districy of Columbia and the eastern districtof

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