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Stock impact report

Industry Veteran Clay Thornton Joins Clover Health as CFO of Medicare Advantage

Clover Health Investments, Corp. - Class A Common stock (CLOV) 
Company Research Source: GlobeNewswire
FRANKLIN, Tenn., March 07, 2024 (GLOBE NEWSWIRE) -- Today Clover Health ("Clover" or "the Company") announced Clay Thornton as the newly appointed Chief Financial Officer of its Medicare Advantage (MA) division. Thornton, with an impressive track record spanning over a decade of healthcare financial management and operational leadership, joins as the Company enters the next phase of its lifecycle, targeting Adjusted EBITDA profitability for the full-year 20241, while emphasizing a differentiated PPO-first product strategy supported by its state-of-the-art technology and care management platform. Thornton's expertise in driving financial strategies that bolster quality outcomes, member and provider satisfaction, and sustainable business expansion makes him an ideal fit for Clover. His notable achievements include leading a $3BN revenue business as Regional Chief Financial Officer and Vice President of Operations for Humana Inc. He later spearheaded Humana’s Medicare Advantage member Show less Read more
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