Michael Yount - WellCare Health President

President

Mr. Michael Carl Yount is the Executive Vice President, Chief of Staff and Chief Compliance Officer of the WellCare Health Plans, Inc. From April 2014 to September 2018, he served as Senior Vice President and Chief Compliance Officer. He leads and directs the Companys corporate compliance and ethics program, and oversees the Companys compliance with the laws and regulatory requirements applicable to the company and all of its divisions, subsidiaries and affiliates. He reports to the Chief Executive Officer and the AFRC Committee of the Board. Mr. Yount joined WellCare in April 2011 as Vice President, Regulatory Compliance Counsel. Prior to joining WellCare, he spent nine years with Rite Aid Corporationrationration, first as Government Affairs Attorney from June 2002 to May 2006, then as Director, Government Affairs from May 2006 to December 2006, and ultimately as Vice President, Regulatory Law Compliance Monitoring and Privacy Officer from January 2007 to April 2011. Prior to joining Rite Aid, he was an attorney with the Illinois Department of Professional Regulation since 2018.
Age 42
Tenure 6 years
Phone813 290-6200
Webwww.wellcare.com
Yount holds a BS Degree in pharmacy and a Juris Doctorate, both from Ohio Northern University. He is admitted to the bars in Illinois and New Jersey and is a registered pharmacist in Illinois and Ohio.

WellCare Health Management Efficiency

The company has Return on Asset of 0.0391 % which means that on every $100 spent on assets, it made $0.0391 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.11 %, implying that it generated $0.11 on every 100 dollars invested. WellCare Health's management efficiency ratios could be used to measure how well WellCare Health manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 2.3 B in debt with debt to equity (D/E) ratio of 47.3, demonstrating that the company may be unable to create cash to meet all of its financial commitments. WellCare Health Plans has a current ratio of 1.1, demonstrating that it may not have the ability to pay its financial commitments when the payables are due. Debt can assist WellCare Health until it has trouble settling it off, either with new capital or with free cash flow. So, WellCare Health's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like WellCare Health Plans sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for WellCare to invest in growth at high rates of return. When we think about WellCare Health's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

PRESIDENT Age

Jeff LieblDigi International
43
Yuanyao WangKandi Technologies Group
N/A
David HenryNETGEAR
51
Chris BowenDigi International
N/A
Tracy RobertsDigi International
55
Michael UelandDigi International
N/A
Robert SumasVillage Super Market
83
Jamie WilliamsDigi International
N/A
Gokul HemmadyDigi International
56
Michael WerdannNETGEAR
56
Rell LafargueReservoir Media
51
Tamesa RogersNETGEAR
50
Michael DannenfeldtDigi International
35
Patrick CollinsNETGEAR
44
James LochDigi International
51
Nicholas SumasVillage Super Market
55
WellCare Health Plans, Inc. provides government-sponsored managed care services. WellCare Health Plans, Inc. was founded in 1985 and is headquartered in Tampa, Florida. Wellcare Health operates under Healthcare Plans classification in USA and is traded on New York Stock Exchange. It employs 12000 people. WellCare Health Plans (WCG) is traded on New York Stock Exchange in USA and employs 12,000 people.

Management Performance

WellCare Health Plans Leadership Team

Elected by the shareholders, the WellCare Health's board of directors comprises two types of representatives: WellCare Health inside directors who are chosen from within the company, and outside directors, selected externally and held independent of WellCare. The board's role is to monitor WellCare Health's management team and ensure that shareholders' interests are well served. WellCare Health's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, WellCare Health's outside directors are responsible for providing unbiased perspectives on the board's policies.
Paul Weaver, Independent Director
James Dallas, Independent Director
Lawrence Anderson, Chief HR Officer and Sr. VP
Michael Yount, Executive Vice President, Chief of Staff and Chief Compliance Officer
Anat Hakim, Executive Vice President, General Counsel, Secretary
H Dallas, Independent Director
Bobby Jindal, Independent Director
Carol Burt, Independent Director
Christian Michalik, Non-Executive Independent Chairman of the Board
Kevin Hickey, Lead Independent Director
Timothy Trodden, Senior Vice President and Chief Human Resources Officer
Michael Polen, Executive Vice President, Medicare and Operations
Angie McCabe, Vice President Investor Relations
Michael Radu, Executive Vice President, Clinical Operations and Business Development
Kathleen Walsh, Independent Director
William Trubeck, Independent Director
Kenneth Burdick, Chief Executive Officer
Roel Campos, Independent Director
Phillip Bisesi, Vice President Interim General Counsel
Glenn Steele, Independent Director
Mark Leenay, Executive Vice President and Chief Medical Officer
Eugenie Komives, Chief Medical Officer - North Carolina
Blair Todt, Chief Legal and Admin. Officer, Sr. VP, General Counsel and Secretary
Elizabeth Miller, President - Florida
Beau Garverick, Vice President
Scott Cummings, State President - Arizona
Rhonda Mims, Executive Vice President and Chief Public Affairs Officer
Darren Ghanayem, Executive Vice President, Chief Information Officer
Kelly Munson, Executive Vice President Medicaid
Robert Graham, Independent Director
Amy Phillips, Independent Director
Richard Breon, Independent Director
Andrew Asher, Chief Financial Officer, Executive Vice President
William Jones, President
Robert Rhodes, Chief Medical Officer

WellCare Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is WellCare Health a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards WellCare Health in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, WellCare Health's short interest history, or implied volatility extrapolated from WellCare Health options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the WellCare Health Plans information on this page should be used as a complementary analysis to other WellCare Health's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Other Consideration for investing in WellCare Stock

If you are still planning to invest in WellCare Health Plans check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the WellCare Health's history and understand the potential risks before investing.
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins