News

Rishton appointed Ahold president and CEO

BY Allison Cerra

AMSTERDAM, Netherlands Ahold’s acting president and chief executive officer, John Rishton, has been officially appointed the position, the company announced last week. Rishton has been acting president and chief executive officer since July 2007.

Additionally, the company also said that Kimberly Ross, currently deputy chief financial officer, is now chief financial officer, succeeding Rishton, and has been nominated by the Supervisory Board for appointment to the Ahold Corporate Executive Board and will assume her responsibilities as acting executive board member with immediate effect.

Rishton’s appointment as President and chief executive officer and Ross’ appointment as chief financial officer take effect immediately. In addition, Peter Wakkie, executive vice president and chief corporate governance counsel, has agreed to accept another term as a member of the corporate executive board.

The appointment of Kimberly Ross to the Corporate Executive Board and the reappointment of Peter Wakkie will be proposed by the Supervisory Board to the Annual General Meeting of Shareholders on April 23, 2008.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

News

Health Net agrees to pay $1 million to California DMHC

BY Allison Cerra

LOS ANGELES Health Net of California, a subsidiary of Health Net, Inc. will be settling its administrative penalty, the company announced Friday.

In a consensual agreement with the California Department of Managed Health Care, Health Net of California will pay $1 million to the department for not disclosing certain information relating to employee compensation.

As part of the agreement, Health Net agreed to not engage in any compensation practices.

“We are sorry for any misunderstanding with the DMHC. It is important to note that we are currently abiding by the policy in the agreement,” said Jay Gellert, chief executive officer of HealthNet. ”Health care reform is aimed at solving the problem of providing universal coverage. We have supported Governor Schwarzenegger’s reform proposals from the start and they represent the best way to achieve this goal.”

Health Net is among the nation’s largest publicly traded managed health care companies.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

News

Mayo Clinic plans second Express Care Clinic

BY Antoinette Alexander

ALBERT LEA, Minn. The Mayo Clinic is wading slowly into the convenient care industry with the expected opening early next year of its second health clinic.

According to a Mayo spokesman, it is planning to open during the first quarter a Mayo Express Care clinic at a strip mall in Rochester, Minn. It is part of a plan to open additional clinics across Mayo Health System, Mayo’s network of clinics and hospitals in communities in Iowa, Minnesota and Wisconsin.

The first such clinic, known as ALMC Express Care, opened in December 2006 in a mall in Albert Lea.

Similar to retail-based clinics like MinuteClinic and Take Care, the Mayo-affiliated clinics are staffed by nurse practitioners and physician assistants. The clinics treat about 25 conditions such as pink eye, sinus infections and strep throat. Prices range between about $49 and $59.

However, one difference is that the Mayo-affiliated clinics will likely not be embedded within retailers such as pharmacy chains or grocery outlets. As the concept expands, the clinics are likely to be situated in retail settings like strip malls.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES