Amerigroup's CEO Steps Aside

Amerigroup, a Virginia Beach managed care company, says its founder, Jeffrey L. McWaters, 50, is retiring as chief executive.

McWaters will continue to serve as chairman. The Board said James G. Carlson, the company's president and chief operating officer, will take over as president and CEO in September.

McWaters founded the company in 1994, growing it into what the company says is the largest healthcare company focused exclusively on the Medicaid, S-CHIP, SSI/ABD and FamilyCare populations, with 1.5 million members in Maryland, Virginia and seven other states and the District of Columbia.

By Dan Beyers  |  July 9, 2007; 6:39 AM ET  | Category:  Amerigroup
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