Modivcare Appoints Erin L. Russell to Board, Enhancing Expertise in Healthcare Access

Modivcare Strengthens Board with New Appointment to Enhance Healthcare Access

Modivcare Inc., a prominent player in technology-enabled healthcare services, announces the appointment of Erin L. Russell to its board of directors, effective February 10, 2025. This strategic move underscores Modivcare's commitment to enhancing its governance and expertise in the dynamic healthcare landscape. With over 25 years of experience in healthcare and finance, Russell brings extensive knowledge in capital and credit markets, which is expected to play a pivotal role in shaping the company's future initiatives. Her previous tenure at Vestar Capital Partners, where she led evaluations of over 150 healthcare investment opportunities, provides a substantial foundation for her contributions at Modivcare.

Leslie Norwalk, Chair of the Board, expresses enthusiasm regarding Russell's appointment, highlighting her prior board experience, especially with firms such as eHealth, Inc., Tivity Health Inc., and Kadant Inc. Such credentials position Russell as a key asset in steering Modivcare toward its mission of improving healthcare access across the United States. Her participation on the Audit and Nominating and Governance Committees further emphasizes the board's focus on robust oversight and strategic direction amid evolving industry challenges. Russell's academic background, including a bachelor's degree in accounting from the University of Virginia and an MBA from Harvard Business School, complements her professional expertise.

Modivcare's decision to strengthen its board comes at a critical time as the company seeks to integrate supportive care solutions to enhance health outcomes for its clients. Russell's commitment to leveraging her industry experience aligns seamlessly with Modivcare's objectives, paving the way for innovative approaches to healthcare access. Additionally, the company announces the immediate resignation of Neal Goldman from the board, clarifying that his departure is not linked to any disagreements. Norwalk thanks Goldman for his contributions during a crucial period, indicating a smooth transition as the company prepares for future growth.

In summary, Erin L. Russell's upcoming appointment to Modivcare's board reflects the company's strategic initiative to bolster healthcare services and governance. With her extensive background and commitment to enhancing healthcare access, Russell is poised to make significant contributions to Modivcare's mission and vision in the healthcare sector.