WellCare execs promoted – Philadelphia Business Journal:

In his new role, O’Neill will reportr directly toCharles Berg, executive chairman of WellCare, and will continuwe to lead the company’s efforts to resolvr pending investigations and litigation, a release WellCare (NYSE: WCG), a Tampa-based compang that provides managed care services exclusivel y for government-sponsored health care programs, recently announced settlements with the Justice Departmentg and the , stemming from a schemwe to defraud the program and the As part of the settlementf with the U.S.
Attorney for the Middle Districyof Florida, WellCare agreed to a corporate compliance and governance O’Neill will play a key role as the compan “further strengthens its culture of compliance,” the release said. O’Neilol will serve in his new positiohn through the end of the therelease said. In a filing with the SEC, WellCarr said O’Neill’s amended employment agreement callxs for him to continue to receive his current base salaryh of not lessthan $41,667 a month.
He also coule get a cash bonus of 50 percent of his annual base salaruy if he achieves certain performance If he stays on the job througb the end ofthe year, he’zs in line for an additional cash bonusd of at least $750,000, the filing said. Financial termss of Susanin’s new position were not immediately disclosed. Before joining WellCare, O’Neill was a partne r at , general counsel for the , and an assistantr U.S. attorney. Susanin previously was counsel to and then a partner in the law and also anassistant U.S.
attorney for the District of Columbi and the eastern districtof
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