Orange-based Alignment Healthcare Inc. (Nasdaq: ALHC), a provider of Medicare Advantage insurance plans, said it’s expanding the roles of two senior executives as it prepares to scale nationally.
Dawn Maroney, who currently serves as markets president and chief executive of Alignment Health Plan California, will now oversee new market management and development. In addition to her expanded role, she will continue to manage provider contracting, pharmacy, sales and marketing, product development and membership eligibility.
Dr. Dinesh Kumar, currently the chief medical and operating officer, will now oversee the company’s operations and technology infrastructure, in addition to leading case management, clinical delivery, member services and provider operations.
The company currently sells its plans in states like California and North Carolina.
“Our team is focused on scaling our senior-first vision and developing new approaches to advance the quality of care for seniors,” said John Kao, founder and CEO of Alignment Healthcare. “Both Dawn and Dinesh have been instrumental to our success to date, and I look forward to continuing working with them and the leadership bench to realize our vision of changing health care for seniors, one person at a time.”
Shares of Alignment today rose less than 1% to $11.28 and a $2.1 billion market cap.