Molina Healthcare Names Zarza-Garrido Chief Executive Officer of California Health Plan.LONG BEACH, Calif. -- Molina Healthcare, Inc. (NYSE NYSE See: New York Stock Exchange :MOH See modem on hold. ) today announced that it has appointed Joann Zarza-Garrido as chief executive officer of Molina Healthcare of California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). . As chief executive officer of Molina Healthcare of California, Zarza-Garrido will be responsible for the overall strategic direction and operations of the health plan. Zarza-Garrido, who has served as interim chief executive officer of Molina Healthcare of California since March 2004, will report to J. Mario Molina, M.D., Chairman of the Board of Directors of Molina Healthcare of California. Dr. Molina also serves as chief executive officer and Chairman of Molina Healthcare, Inc., the parent company of Molina Healthcare of California. "California is an important and dynamic market for Molina Healthcare, and we are delighted that Joann, with her depth of experience and knowledge in this market, has agreed to lead our effort there," said Dr. Molina. Zarza-Garrido has over 25 years of experience in the healthcare industry, including extensive experience in physician and multi-specialty clinic administration in California. She joined Molina Healthcare in 1992 and has served as director of Staff Model Administration, compliance officer for Molina Healthcare of California and chief compliance officer of Molina Healthcare, Inc. Zarza-Garrido is a member of the California Department of Health Services Department of Health Services may refer to:
The Company, from time to time, may discuss forward-looking information. Except for the historical information contained in this release, all forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. are predictions by the Company's management and are subject to various risks and uncertainties that may cause results to differ from management's current expectations. Such factors include the Company's third-party contracts, the Company's ability to accurately predict and effectively manage health benefits and other operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. , competition, changes in healthcare practices, changes in federal or state laws or regulations or the interpretation thereof, reduction in provider payments by governmental payors, disasters, numerous other factors affecting the delivery and cost of healthcare and other risks as detailed from time-to-time in the Company's reports and filings with the Securities and Exchange Commission. All forward-looking statements, if any, in this release represent the Company's judgment as of the date of this release. The Company disclaims, however, any intent or obligation to update forward-looking statements. |
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