This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Catamaran Announces Executive Appointments

Stocks in this article: CTRX

Jeff Park Promoted to EVP, Operations, and Mike Shapiro Promoted to SVP & CFO

SCHAUMBURG, IL, March 24, 2014 /PRNewswire/ - Catamaran Corp. (NASDAQ: CTRX, TSX: CCT), a leading provider of technology and pharmacy benefit management (PBM) services, today announced two executive appointments; Jeff Park has been promoted to the newly-created position of Executive Vice President, Operations, and Mike Shapiro will succeed him as SVP & Chief Financial Officer.

As EVP, Operations, Mr. Park will oversee all PBM Operations, IT, Product Development, Government Programs, Quality, Innovation and Legal activities. He will be responsible for driving operational excellence throughout the organization in order to deliver on the company's client service model, The Catamaran Differenceâ„¢, a key enabler of sales and client retention goals. He will continue to report to Mark Thierer, the company's Chairman and Chief Executive Officer.

"Jeff is an exceptional leader who has helped transform this company into the strong competitor it is today," said Mr. Thierer. "He is uniquely qualified to lead our operations as we focus on delivering The Catamaran Difference, an exceptional service experience, to our clients."

Mr. Park was instrumental in the creation of Catamaran, the successful merger of two industry-leading PBMs, SXC Health Solutions and Catalyst Health Solutions. Joining SXC Health Solutions' Board of Directors in 2003, Mr. Park became the company's CFO in 2006. In this role, he led the company through a successful initial public offering on NASDAQ and guided the organization through numerous strategic acquisitions which helped grow revenues from $50 million to $14.8 billion.

In his new role as SVP & CFO, Mr. Shapiro will also report to Mr. Thierer and assume all responsibilities for Finance and Investor Relations. Joining Catamaran in 2012, Mr. Shapiro previously served as SVP, Finance, directing efforts in the areas of financial planning and reporting, treasury, tax and audit.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs