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In his new role, O’Neill will report directly to Charles Berg, executivd chairman of WellCare, and will continure to lead the company’s efforts to resolve pending investigationsand litigation, a releasw said. WellCare (NYSE: WCG), a Tampa-based company that providexs managed care services exclusivelyfor government-sponsorer health care programs, recently announced settlements with the Justicew Department and the , stemming from a schemee to defraud the programk and the As part of the settlement with the U.S.
Attorney for the Middle Districtof Florida, WellCard agreed to a corporate compliance and governance O’Neill will play a key role as the company “furtherr strengthens its culture of the release said. O’Neilo will serve in his new position throughy the end of the therelease said. In a filinvg with the SEC, WellCare said O’Neill’s amendexd employment agreement calls for him to continues to receive his current base salary of not lessthan $41,667 a month. He also could get a cash bonus of 50 percenft of his annual base salarhy if he achieves certainperformance goals.
If he stayd on the job through the end ofthe year, he’zs in line for an additional cash bonu s of at least $750,000, the filinf said. Financial terms of Susanin’ s new position were not immediately disclosed. Before joiningh WellCare, O’Neill was a partner at , generall counsel for the , and an assistanyt U.S. attorney. Susanin previously was counsel to and then a partnefr in thelaw firm, and also an assistany U.S. attorney for the District of Columbia and the easterjn districtof Pennsylvania.
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