Molina Healthcare Elects New Directors to Board

Molina Healthcare Elects New Directors to Board

LONG BEACH, Calif.--(BUSINESS WIRE)-- Molina Healthcare, Inc. (NYS: MOH) today announced that it had expanded the size of its Board of Directors from 9 to 11 and elected Steven James, Dale Wolf, and Daniel Cooperman as new independent non-executive directors.

"We are delighted to welcome Steve, Dale and Daniel to Molina's Board of Directors," said J. Mario Molina, M.D., president and chief executive officer of Molina Healthcare, Inc. "Our management team will benefit from the perspectives and experience of these accomplished new board members."

Steven James is a retired audit partner from Ernst & Young LLP with 30 years of experience providing accounting, auditing, and consulting services to health and managed care companies. James joined Ernst & Whinney (predecessor to Ernst & Young LLP) in 1979, was promoted to partner in 1992, became the leader of Ernst & Young's Pacific Southwest Area Health Sciences practice in 2005, and retired from Ernst & Young LLP in 2009. James graduated with a Bachelor of Science degree in Business Administration with an emphasis in Accounting from the University of Redlands and is a certified public accountant.

Dale Wolf has served as the Executive Chairman of Correctional Healthcare Companies, Inc., a national provider of correctional health care solutions, since 2002. From 2005 to 2009, Wolf served as chief executive officer of Coventry Health Care, Inc., a diversified national healthcare company, and served as the executive vice president, chief financial officer, and treasurer of Coventry Health Care, Inc. from 1996 to 2004. Wolf was also a member of the Board of Directors of Coventry Health Care, Inc. from 2005 to 2009, and a member of the Board of Directors of Catalyst Health Solutions, Inc. from 2003 to 2012. Wolf graduated magna cum laude from Eastern Nazarene College with a Bachelor of Arts degree in Mathematics and from the MIT Sloan School Senior Executive Program. He is also a fellow in the Society of Actuaries.

Daniel Cooperman is Of Counsel with the law firm of Bingham McCutchen LLP. He served as senior vice president, general counsel, and secretary of Apple Inc. from 2007 to 2009, and senior vice president, general counsel, and secretary of Oracle Corporation from 1997 to 2007. Before joining Oracle, Cooperman was chair of the Business & Transactions Group and managing partner of the San Jose office for McCutchen Doyle Brown & Enersen, which combined in 2002 with Bingham Dana to create Bingham McCutchen. Cooperman is currently a strategic advisor to Institutional Venture Partners, a member of the Advisory Board of the Best Lawyers publication, and a member of the Advisory Council for the Law, Science and Technology Program at Stanford Law School. Cooperman is a director of emerging technology companies, and a member of the Board of Directors and the Finance Committee of the Second Harvest Food Bank of Santa Clara and San Mateo Counties. Cooperman graduated summa cum laude with highest distinction in Economics from Dartmouth College, then attended Stanford University's Graduate School of Business and School of Law, receiving both his M.B.A. and J.D. from Stanford.

About Molina Healthcare

Molina Healthcare, Inc., a FORTUNE 500 company, 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. The Company's licensed health plans in California, Florida, Michigan, New Mexico, Ohio, Texas, Utah, Washington, and Wisconsin currently serve approximately 1.8 million members, and its 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

Molina Healthcare, Inc.
Juan José Orellana, 562-435-3666, ext. 111143
Investor Relations
Sunny Yu, 562-901-1039
Public Relations

KEYWORDS: United States North America California


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