WellCare Health Plans, Inc. WCG
announced that its board of directors has appointed the company's president
and chief operating officer, Kenneth A. Burdick, as CEO, replacing David J.
Gallitano, effective Jan. 1. Burdick is also now a member of WellCare's board.
Gallitano has served on an interim basis as the company's CEO since November
2013, and will remain as WellCare's non-executive chairman of the board.
"Ken demonstrates the kind of leadership that the board believes is necessary
to lead WellCare into the future," said Gallitano. "Over the past year, Ken
has been instrumental in developing our strategy, building the infrastructure
we need for the future and transforming our company's culture. Further, his
extensive health care background will enable him to continue to effectively
implement the company's long-term plans."
"I'm very optimistic about WellCare's mission and direction," said Burdick.
"We are making great progress on our strategic plan, and I'm honored to have
the opportunity to lead this company into what is an exciting and promising
future."
Burdick joined WellCare in January 2014 as president, national health plans,
and was promoted to president and chief operating officer in June 2014. Prior
to joining the company, Burdick was CEO of Blue Cross and Blue Shield of
Minnesota. From 2010 to 2012, Burdick was with Coventry Health Care as CEO of
the Medicaid Division and also served as CEO of MHNet, Coventry's behavioral
health subsidiary. Before that, Burdick spent 14 years as an executive with
UnitedHealth Group, rising through positions of increasing responsibility,
including CEO of UnitedHealthcare Group's commercial business where he held
P&L responsibility for $26 billion in revenue, and CEO of UnitedHealthcare's
Medicare business. Burdick has served on a number of boards in the health care
industry. He holds a bachelor's degree in American Studies from Amherst
College and a law degree from University of Connecticut School of Law.
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