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Molina Healthcare Announces Promotions of Two Senior Executives LONG BEACH, Calif.--(BUSINESS WIRE)

Key Takeaway: Molina Healthcare has announced the promotions of Jim Woys and Mark Keim to senior executive vice president roles, effective May 15, 2023. Woys takes on the additional role of chief operating officer, while Keim remains chief financial officer with expanded responsibilities. These changes reflect the company's focus on strengthening its leadership team and enhancing operational growth. Molina Healthcare serves over 5.3 million members across 19 states, indicating its significant presence in managed healthcare services.

Market Sentiment Analysis

POSITIVE FACTORS

  • Promotions of Jim Woys and Mark Keim signal growth and internal success.
  • Leadership changes are aimed at enhancing operational effectiveness.
  • Company continues to build a strong leadership team to drive value.

Full Press Release Details

Molina Healthcare Announces Promotions of Two Senior Executives

LONG BEACH, Calif.--(BUSINESS WIRE)--May 16, 2023--Molina Healthcare, Inc. (NYSE: MOH) ("Molina") today announced that Jim Woys and Mark Keim have each been promoted to the position of senior executive vice president, effective May 15th. With
this promotion, Woys also assumes the role of chief operating officer. Keim will continue as chief financial officer with expanded operational and growth-related responsibilities.
Woys has served as Molina's executive vice president - health plan services, since May 2018. Keim had served as Molina's executive vice president - transformation, since January 2018, and became chief financial officer in February 2021.
"Jim and Mark have been instrumental leaders of Molina's growth and performance over the past five years," said Joe Zubretsky, president and chief executive officer of Molina. "I look forward to working with them and our deep and talented
leadership team to drive the next wave of value creation for all of our stakeholders."
About Molina Healthcare
Molina Healthcare, Inc., a FORTUNE 500 company (currently ranked 125), provides managed healthcare services under the Medicaid and Medicare programs and through the state insurance marketplaces. Molina Healthcare served approximately 5.3
million members as of March 31, 2023, located across 19 states. For more information about Molina Healthcare, please visit molinahealthcare.com.

Contacts

Investor Contact: Joseph Krocheski, Joseph.Krocheski@molinahealthcare.com, 562-951-8382
Media Contact: Caroline Zubieta, Caroline.Zubieta@molinahealthcare.com, 562-951-1588

Frequently Asked Questions

Who were promoted at Molina Healthcare?

Jim Woys and Mark Keim were promoted to senior executive vice president.

What new role did Jim Woys assume?

Jim Woys became the chief operating officer with his promotion.

What position does Mark Keim hold?

Mark Keim continues as chief financial officer with expanded responsibilities.

How many members does Molina Healthcare serve?

As of March 31, 2023, Molina served approximately 5.3 million members.

Where is Molina Healthcare headquartered?

Molina Healthcare is headquartered in Long Beach, California.

Last updated: May 16, 2023