VIRGINIA BEACH, Va., Sept. 4 James G. Carlson,who was appointed President and Chief Executive Officer of AMERIGROUPCorporation (NYSE: AGP) effective September 1, today announced that Richard C.Zoretic has been elevated to Chief Operating Officer.
Carlson also said that six AMERIGROUP Executive Vice Presidents who, alongwith Zoretic and Chief Financial Officer James W. Truess, make up theCompany's Executive Committee will continue in their positions.
"One of the most critical factors for successful growth-oriented companiesis the quality of its management team. I am proud to lead a team atAMERIGROUP that I believe is distinguished within our industry for its depth,performance and experience," Carlson said. "Over the past four years, DickZoretic has excelled at managing AMERIGROUP's health plan operations, and hisexpanded role will enable us to continue building an operational platform thatsupports our future growth."
Carlson, who previously served as AMERIGROUP's President and ChiefOperating Officer, succeeds Jeffrey L. McWaters, AMERIGROUP's founder, whowill remain as Chairman of the Board of Directors. Zoretic joined AMERIGROUPfour years ago and most recently served as Executive Vice President, HealthPlan Operations.
Zoretic brings more than 25 years of management experience in healthcareand insurance to the position of Chief Operating Officer. He joinedAMERIGROUP from CIGNA Dental Health, a national dental benefits provider with12 million members, where he served as Senior Vice President, NetworkOperations and Distribution. From 1994 to 2000, Zoretic served in a variety ofleadership positions at United Healthcare, including Regional OperatingPresident of United's Mid-Atlantic operations and Senior Vice President ofCorporate Sales and Marketing. Additionally, as President of the company'sMiddle Market Business segment, he had responsibility for United's largestcommercial market segment, overseeing sales, marketing, underwriting, productdevelopment and customer service. He began his career in 1980 with MetLife'sGroup Life & Health operations and has also served as a consultant in DeloitteConsulting's healthcare practice, with clients including Aetna, Kaiser, Anthemand several Blue Cross and Blue Shield organizations. He joined AMERIGROUP in2003 as Senior Vice President and Chief Marketing Officer. Zoretic earned adegree in finance at Pennsylvania State University.
As Chief Operating Officer, Zoretic will oversee AMERIGROUP's health plansin 10 states. Four regional CEOs responsible for those plans will report tohim. Those CEOs are Peter Haytaian, CEO, Northeastern Region; Julie Locke,CEO, Mid-Atlantic Region; Aileen McCormick, CEO, Southwestern Region; andBrian Shipp, CEO, Southeastern Region. In addition, the Company's HealthcareManagement Services, Healthcare Delivery Systems and Medical Financeoperations will report to him.
Carlson also announced that, along with Zoretic and Truess, six currentmembers of AMERIGROUP's Executive Committee will continue to report to him.They are Stanley F. Baldwin, Executive Vice President, General Counsel andSecretary; Catherine S. Callahan, Executive Vice President, AssociateServices; Nancy L. Grden, Executive Vice President and Chief MarketingOfficer; William T. Keena, Executive Vice President, Support Operations; JohnE. Littel, Executive Vice President, External Relations; and, Leon A. Root,Jr., Executive Vice President and Chief Information Officer. Ms. Callahan,who had previously planned a summer 2007 retirement, has agreed to remain inher position until the second quarter of 2008.
About AMERIGROUP Corporation
AMERIGROUP Corporation, headquartered in Virginia Beach, Virginia,improves healthcare access and quality for low-income Americans by developinginnovative managed health services for the public sector. Through itssubsidiaries, AMERIGROUP Corpora