ATLANTA, March 20, 2012 /PRNewswire/ -- Kenneth F. Martino Jr., chief executive officer of Broadspire, is leaving to accept a leadership position with another organization, Crawford & Company (NYSE: CRDA; CRDB), the world's largest independent provider of claims management solutions, announced today. Martino's new position, which is not with a competitor, is based in Connecticut, where his family has continued to live since he became CEO of Atlanta-based Broadspire.
Effective immediately, Danielle Lisenbey, chief operating officer of Broadspire's industry-leading medical services, succeeds Martino as CEO and becomes a member of Crawford's Global Executive Management team, reporting to President and CEO Jeffrey T. Bowman. The current Broadspire senior leadership team reports to her. Broadspire is Crawford's provider of workers compensation, liability claim and medical management TPA services.
"Ken has made significant contributions to Broadspire since he joined the organization in 2007," said Bowman. "Despite the difficult environment the recent recession created in the workers compensation industry, he and his team have improved Broadspire's technology and analytics, created unique new products, increased client satisfaction and retention and captured new business. On behalf of our entire executive team, I thank Ken for Broadspire's accomplishments under his direction and wish him well in his new endeavor.""At the same time, I am very confident that the organization will continue to evolve under Danielle's leadership," Bowman said. "Her medical management operations have produced outstanding results for clients and contributed significantly to our revenues. We expect that she will use those same skills to lead the entire Broadspire organization to further operational excellence and financial improvement in 2012." As chief operating officer for medical management services, Lisenbey has been responsible for the operation of all of Broadspire's medical and case management services. She has driven the continued development and delivery of products and services that have generated cost containment results typically 10 to 15 percent better than those produced by other TPAs and medical management companies.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts