ModivCare Inc. Announces Senior Management Appointments

Rhea-AI Summary

ModivCare Inc. (Nasdaq: MODV) announced leadership promotions effective July 20, 2021. Jonathan B. Bush has been elevated to Senior Vice President, General Counsel and Secretary, while Kenneth Shepard becomes Vice President, Chief Accounting Officer. Bush, with extensive experience in M&A and healthcare regulation, previously served as Vice President, Deputy General Counsel. Shepard has over 15 years of financial experience, notably in healthcare and public accounting. CEO Dan Greenleaf highlighted their key roles in transforming ModivCare into a technology-enabled supportive care solutions provider.

Positive

• Promotions of experienced professionals indicate strong leadership continuity.
• Jonathan B. Bush and Kenneth Shepard possess extensive industry experience relevant to ModivCare's strategic goals.

Negative

• None.

ModivCare Inc. (“ModivCare” or the “Company”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a suite of integrated supportive care solutions focused on improving patient outcomes, today announced that, effective July 20, 2021, Jonathan B. Bush has been promoted to Senior Vice President, General Counsel and Secretary, and Kenneth Shepard has been promoted to Vice President, Chief Accounting Officer.

Mr. Bush has over two decades of in-house and law firm experience in M&A, securities regulation, corporate finance, corporate governance, private equity, restructurings, healthcare regulation, and compliance. Prior to his promotion, he served as ModivCare’s Vice President, Deputy General Counsel and Assistant Secretary. Previously, he was Vice President, Corporate Development and Deputy General Counsel at BioScrip, Inc. and held a variety of corporate transaction-oriented roles at PilieroMazza PLLC, Dechert LLP, Schulte Roth & Zabel LLP, Goldman Sachs & Co., and Cravath, Swaine & Moore LLP. He graduated with an A.B. in Economics from Harvard University and a J.D. from the University of Texas School of Law.

Mr. Shepard has more than 15 years of financial experience in healthcare, technology, and public accounting, with expertise in financial controllership, technical accounting, SEC reporting and policy, internal control, and M&A integrations. Prior to his promotion, he served as ModivCare’s Vice President, Finance and Controller. Previously, he worked for a decade in assurance at BDO USA, LLP. He graduated with an B.S. in Accountancy from Southern Illinois University Edwardsville and a Master of Accountancy from University of Alabama, Tuscaloosa. He is a Certified Public Accountant.

Dan Greenleaf, ModivCare’s President and Chief Executive Officer, commented, “Jon and Ken have been instrumental members of our team during the early phases of ModivCare’s transformation into a technology-enabled supportive care solutions provider. We are thrilled to promote these talented, dedicated professionals to advanced leadership roles within our legal and finance functions and their promotion is a testament to the strong bench of talent in our leadership ranks.”

About ModivCare Inc.

ModivCare Inc. (“ModivCare”) (Nasdaq: MODV) is a technology-enabled healthcare services company that provides a suite of integrated supportive care solutions for public and private payors and their patients. Our value-based solutions address the social determinants of health (SDoH), enable greater access to care, reduce costs, and improve outcomes. We are a leading provider of non-emergency medical transportation (NEMT), personal and home care, and nutritional meal delivery. ModivCare also holds a minority equity interest in CCHN Group Holdings, Inc. and its subsidiaries (“Matrix Medical Network”), which partners with leading health plans and providers nationally, delivering a broad array of assessment and care management services to individuals that improve health outcomes and health plan financial performance. To learn more about ModivCare, please visit: www.modivcare.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210720006015/en/

FAQ

Who is the new Senior Vice President of ModivCare?

Jonathan B. Bush has been promoted to Senior Vice President, General Counsel and Secretary at ModivCare.

What role has Kenneth Shepard been promoted to at ModivCare?

Kenneth Shepard has been promoted to Vice President, Chief Accounting Officer at ModivCare.

When were the leadership changes announced for ModivCare?

The leadership changes at ModivCare were announced on July 20, 2021.

What experience does Jonathan B. Bush bring to his new role at ModivCare?

Jonathan B. Bush has over two decades of experience in M&A, healthcare regulation, and corporate governance.

What expertise does Kenneth Shepard have as he takes on his new position at ModivCare?

Kenneth Shepard brings more than 15 years of financial experience, particularly in healthcare and public accounting.