Molina Healthcare Appoints Garrey E. Carruthers to Its Board of Directors

LONG BEACH, Calif.--(BUSINESS WIRE)--Molina Healthcare, Inc. (NYSE: MOH) today announced that Garrey E. Carruthers, a former Governor of New Mexico, has been elected to serve as a director by the Company’s Board of Directors. Dr. Carruthers will fill an existing vacancy in Class I of the Board.

“During this exciting time of growth and change in our industry, he will be a true asset for the Company and a great addition to our Board.”

“Governor Carruthers’ extensive experience in health care, in government, and in business gives him a unique perspective and insight into our company,” said J. Mario Molina, M.D., president and chief executive officer of Molina Healthcare, Inc. “During this exciting time of growth and change in our industry, he will be a true asset for the Company and a great addition to our Board.”

Dr. Carruthers joins the Molina Healthcare Board of Directors following a distinguished career of public service in government, higher education, and health care. Since 2003, he has served as the Dean of the College of Business of New Mexico State University, where he also serves as Vice President for Economic Development, and as the University’s Director of its Pete V. Domenici Institute.

Dr. Carruthers served as Governor of the state of New Mexico from 1987 to 1990. From 1981 to 1984, he served as the Assistant Secretary of the United States Department of the Interior. From 1993 to 2003, Dr. Carruthers was the president and chief executive officer of Cimarron Health Plan in New Mexico, the predecessor entity to the Company’s New Mexico health plan, Molina Healthcare of New Mexico, Inc. Dr. Carruthers holds a Ph.D. in economics from Iowa State University.

About Molina Healthcare, Inc.

Molina Healthcare, Inc. provides quality and cost-effective Medicaid-related solutions to meet the health care needs of low-income families and individuals and to assist state agencies in their administration of the Medicaid program. Our licensed health plans in California, Florida, Michigan, Missouri, New Mexico, Ohio, Texas, Utah, Washington, and Wisconsin currently serve approximately 1.7 million members, and our subsidiary, Molina Medicaid Solutions, provides business processing and information technology administrative services to Medicaid agencies in Idaho, Louisiana, Maine, New Jersey, and West Virginia, and drug rebate administration services in Florida. More information about Molina Healthcare is available at www.molinahealthcare.com.