Former Molina CFO Steps Down Severing Last Tie Company Had With Family
John and Mario Molina were removed from their positions in May 2017 amid the insurer's disappointing financial performance. They had remained on the board as directors until Mario, the company's former CEO, stepped down in December.
Last Of The Molinas: Former CFO Resigns From Insurer's Board
Molina Healthcare's former CFO John Molina, the last Molina family member still linked to the health insurer, has resigned from the board. John Molina stepped down from the board more than two months after his brother, former CEO Mario Molina, cut ties with the company. The Long Beach, Calif.-based insurer said John Molina, who has served on the board since 1994, will pursue other endeavors. He is a founding partner of Pacific6, a California-based investment and development partnership. (Livingston, 2/26)