FRANKLIN, Tenn., May 25, 2022 (Globe Newswire) — Clover Health Investments, Corp. (NASDAQ:CLOV) (“Clover” or “Clover Health”), a physician-enabled company, aims to improve health equity for seniors. today announced the appointment of Scott Jay Leffler as Chief Financial Officer (“CFO”). He will join Clover in August 2022 and report to Clover CEO Vivek Garipally.
“Scott has an outstanding reputation as a finance leader for innovative public organizations in complex industries,” said Mr. Garipalli. “I am incredibly impressed by her experience at leading growth companies, as well as her transformational work in previous roles, and I firmly believe she will be an amazing asset to Clover as we fulfill our mission to make every life better.” Keep moving forward.”
In his role as Sotera Health’s Chief Financial Officer and Treasurer, Mr. Leffler oversaw the company’s global finance, procurement and IT organizations, while helping Sotera Health grow to nearly $1 billion with organic and inorganic top- and bottom-line Helped drive -line development. Revenue during his tenure at Sotera Health, Mr. Leffler led the company through its successful initial public offering in 2020 and built on its public company reporting and investor outreach capabilities.
“I am very excited to have this opportunity to join such an inspiring and visionary leadership team in their mission to drive positive change in the American healthcare system,” said Mr. Leffler. “I am impressed by the expertise and capabilities of the Clover team and look forward to contributing my own experience to an innovative, growth-focused public company while continuing to grow a truly best-in-class finance team.”
Prior to joining Sotera Health, Mr. Leffler served as Chief Financial Officer and Treasurer at Axel Corporation (now called Trivium Packaging) and in various executive finance roles at Polyvan Corporation (now called Aviant). worked on. He holds a BA in economics and history from Yale University and an MBA from Emory University and is both a Certified Public Accountant (Passive) and Certified Treasury Professional (Passive).
About Clover Health:
Clover Health (Nasdaq: CLOV) is a physician-enabled company focused on senior citizens who have historically not had access to affordable, high-quality healthcare. Our strategy is underpinned by our proprietary software platform, Clover Assistant, which is designed to collect patient data from across the health ecosystem to improve clinical decision making and health outcomes. We operate two lines of business: insurance and non-insurance. Through its insurance segment, the company offers PPO and HMO plans to Medicare Advantage members in several states. The company’s non-insurance segment includes its operations in connection with its participation in the direct contract model of CMS, which will transition to the ACO REACH model starting in 2023. Clover’s corporate headquarters are in Franklin, Tenn.
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act 1933, as amended, and section 21E of the amended Securities Exchange Act, 1934. Forward-looking statements include statements regarding future events and future results of Clover’s operations, financial position, market size and opportunities, business strategy and plans, and factors affecting Clover’s performance and future operations objectives. Forward-looking statements are not a guarantee of future performance, and you are cautioned not to place undue reliance on such statements. In some cases, you may identify forward-looking statements as “could be,” “will,” “should,” “expect,” “plans,” “estimate,” “go,” “can” Contains words like . “could,” “should,” “will,” “intend,” “goals,” “projects,” “contemplate,” “believe,” “estimate,” “predict,” “potentially,” “approach,” “forecast , “guidance,” “objective,” “plan,” “seeking,” “go on,” “goal,” “if,” “continue” or the negatives of these words, or other similar words or expressions that meet Clover’s expectations. Related are strategies, priorities, plans or intentions. Additional information relating to these and other risk factors is contained in the Risk Factors section included in Clover’s annual report on Form 10-K for the year ended December 31, 2021, filed with the Securities and Exchange Commission (“SEC”) had gone. 28, 2022, and in Clover’s other filings with the SEC. Forward-looking statements contained in this release are made as of the date herein. Except as required by law, Clover undertakes no obligation to update any of these forward-looking statements after the date of this press release or to make these statements consistent with actual results or revised expectations.