Post 200: Top D.C.-Area Businesses

Coventry Health Care / CVH

About Coventry Health Care

6705 Rockledge Dr., Suite 900, Bethesda, Md. 20817
www.cvty.com | 301-581-0600 | Founded: 1986

Industry: Health Care | Category: Public Companies

Coventry Health Care is a managed-health-care company that offers health maintenance organizations, workers' compensation and insurance plans under various trade names to individuals, government agencies and other insurance carriers. In the past year, Coventry bought Texas-based Concentra's workers' compensation managed-care-services units, part of Mutual of Omaha's group health-insurance business, and Florida-based Vista Health Plans. The Vista purchase made Coventry Florida's fourth-largest commercial HMO provider.

Chairman and CEO: Allen Wise

2007 Financial Data

Revenues: $9,879,531,000 | Net Income: $626,094,000
Asssets: $7,158,790,000 | Earnings Per Share: $3.98
Stockholder Equity: $3,301,479,000 | Annual Dividend: $0.00
Total employees: 15,000 | Local employees: 398

Company Leadership

Joel Ackerman Director
John H. Austin Director
L. Dale Crandall Director
Emerson D. Farley Director
Lawrence N. Kugelman Director
Daniel N. Mendelson Director
Rodman W. Moorhead Director
Elizabeth E. Tallett Director
Timothy T. Weglicki Director
Allen F. Wise Chairman
Dale B. Wolf Chief Executive Officer and Director
Dale B. Wolf Chief Executive Officer

Source: Compensation data provided by Equilar, Inc..

Dale B. Wolf
Chief Executive Officer
$11,206,226
Salary: $925,000

Did You Know

WESTWARD HO: Coventry plans to open a regional office in Omaha next year with 300 employees. It also plans to add 200 jobs in Aberdeen, S.D.

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