Since 2008, Mr. Shulman has served as a senior advisor of Water Street Healthcare Partners, LLC, a private equity firm. From 2002 to 2008, Mr. Shulman served as Chairman, Chief Executive Officer of Magellan Health Services, Inc., a diversified specialty healthcare management organization, where he spearheaded its turnaround and restructuring following bankruptcy. From 1997 to 1999, he served as Chairman, President and Chief Executive Officer of Prudential Healthcare Inc., a health insurance provider, where he spearheaded its turnaround and successful sale to Aetna Inc. Mr. Shulman has also served as President of the Pharmacy and Disease Management Group of Value Health, Inc., a managed care company he co-founded, from 1987 to 1997, as President of the East Central Division of Cigna, a global health insurance and service company, from 1983 to 1987 and as Director, Medical Economics of Kaiser Permanente, an integrated managed care consortium, from 1973 to 1983. Mr. Shulman also served as a Managing General Partner of Internet Healthcare Group, LLC, a health care and technology venture capital fund that he founded. Mr. Shulman currently serves on the board of directors of Accretive Health, Inc., a provider of services to healthcare providers, as well as several privately-held companies.
Mr. Shulman’s qualifications as a director include his extensive turnaround experience in the healthcare industry and his service on public and private company boards.