SOURCE: Clover Health

Clover Health

July 13, 2016 12:00 ET

Clover Health Appoints New Chief Financial Officer and General Counsel to Executive Team

SAN FRANCISCO, CA--(Marketwired - July 13, 2016) - Clover Health, a health insurance company using data and technology to fill gaps in care and drive clinical operations workflow, today announced the appointment of Les Granow to Chief Financial Officer and Brady Priest to General Counsel. Both will report directly to Clover Health CEO and co-founder Vivek Garipalli.

Granow is an accomplished senior financial executive with broad finance management experience. He has served as CFO of several growth-oriented healthcare organizations, including Arcadian Health Plans, a Medicare Advantage plan that was acquired by Humana in 2013. Granow also led the healthcare investment banking teams at Giuliani Capital Advisors and Ernst & Young Corporate Finance for six years, after serving as a partner at Ernst & Young, where he oversaw Health Care Tax Services for the Pacific Southwest region.

Priest joins Clover from UnitedHealth Group Ventures, where he was a managing director responsible for identifying and executing investment opportunities aimed at improving the overall quality, affordability and efficiency of the healthcare system. Priest's prior roles at UnitedHealth Group were in the Legal, Regulatory and Compliance Group, which included serving as lead transactions counsel for UnitedHealthcare. Prior to joining UnitedHealth Group, he served as a corporate associate with the law firm of Dorsey & Whitney LLP, where his practice focused on mergers and acquisitions and representing venture capital-backed companies.

"Both Les and Brady are experienced and talented in their respective fields, with substantial backgrounds in the healthcare sector and track records that demonstrate an ability to create value and growth for companies like ours. We look forward to them using their expertise to enhance our finance and legal teams while enabling us to focus on our highest-potential growth opportunities," said Vivek Garipalli, co-founder and CEO, Clover Health.

"Clover is uniquely positioned to substantially move the needle in terms of how healthcare is delivered to our incredibly important and deserving senior citizens while exceeding expectations of our partner CMS, and creating new levels of delight for our enrollees and their families through increased coverage, quality and value," said Les Granow, CFO, Clover Health. "The level of talent, drive and commitment of the people I have encountered so far at Clover is stimulating and inspiring. From my experience, I envision all the hard work and dedication will be well rewarded in the marketplace."

"I am excited to be a part of Clover and to help shape the future growth of a company whose mission is to build the technology and preventive care tools necessary to effect real, positive impact on the health outcomes of its members," said Brady Priest, general counsel, Clover Health. "I look forward to building a team that will support Clover as we deliver on that mission in the coming years."

Granow earned a bachelor of science degree in Accounting from the University of Connecticut and a Master of Business in Taxation from the University of Southern California. Priest holds a J.D. from Brooklyn Law School and a Bachelor's degree from Middlebury College, where he graduated with honors.

About Clover Health

Clover Health is reinventing the health insurance model by integrating technology into every aspect of its members' healthcare. The Clover data and analytics platform uses continuous, real-time monitoring to prevent hospital admissions, reduce avoidable spending, and identify and better manage chronic diseases. Built with technology at its core, Clover aggregates and structures data from a wide range of sources -- from lab and radiology results, to customer service interactions and home visits. Clover is headquartered in San Francisco. For more information visit www.cloverhealth.com.

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