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VETERAN HEALTH INSURANCE SENIOR EXECUTIVE JOINS CONNEXTIONS BOARD OF DIRECTORS
Kenneth Burdick Brings Extensive Healthcare Leadership Expertise to New Role
ORLANDO, FL - 13 January, 2010 - Connextions Inc. today announced the appointment of Kenneth A. Burdick to its Board of Directors. Mr. Burdick is a transformational health insurance leader with an outstanding record of management and fiscal performance with the nation.s most respected insurers, including UnitedHealth Group, Travelers and CIGNA.
His extensive experience includes several Chief Executive Officer positions during his tenure at insurance giant UnitedHealth Group, including Ovations. Secure Horizons, the company's large Medicare business; UnitedHealthcare, where he had full accountability for its multi-billion-dollar commercial business; UnitedHealthcare's seven-state Southwest Region, where he led the business to double-digit annualized earnings growth; and UnitedHealthcare of Arizona, where he built the highest profit margin in the nation for the insurer. He also served as President of UnitedHealthcare Public Sector, where he built a national cross-functional business unit to enter a new space for the company. Previously, he was Senior Vice President of National Underwriting and SVP of Sales and Client Relations for MetraHealth/Travelers. He also held key underwriting, marketing, sales and finance positions at CIGNA.
In response to his appointment to the Connextions board, Mr. Burdick said, "I am pleased to be associated with a top performing company such as Connextions, which has established a leadership position in the healthcare space by helping insurers build their consumer-direct capabilities and brand loyalty through nimble, innovative solutions."
In announcing the appointment, Connextions Inc. Chairman and CEO Jack LeFort said, "We feel very fortunate to welcome Ken Burdick to our Board. He will provide the clear perspective of a health and public sector industry veteran and expert. His appointment is consistent with our plan to continue our strong momentum and market penetration as the leader in revenue-driving outsourced business process, technology and Exchange solutions, particularly in the health insurance industry."
Mr. Burdick earned a Bachelor's Degree from Amherst College and a J.D. from the University of Connecticut School of Law. He was admitted to the Connecticut Bar in 1985.
In addition to his new position on the Connextions Board, Mr. Burdick serves on the boards of Embark Healthcare and AT Still University Medical School.
He is also involved in non-profit and community organizations, including United Way of Greater Twin Cities in Minneapolis, Minn., where he serves on its board, and is a past board member of the Valley of the Sun in Phoenix, Ariz. Mr. Burdick, a long-time proponent of early childhood education initiatives, was appointed by then-Gov. Janet Napolitano to Chairman of the Board of the Arizona Early Education Funds. He also chaired the Greater Phoenix Leadership Education Committee and was a keynote speaker at the National Press Club, Washington, D.C., for the 2007 Partnership for America's Economic Success National Conference.
Connextions Inc. is a technology-based business process outsourcing firm with broad expertise in the healthcare industry, assisting well-known health insurance plans and healthcare providers in their efforts to grow, retain and serve members. Connextions is a privately held company and part of the New Mountain Partners II, L.P. portfolio, a private equity fund sponsored and managed by Manhattan-based New Mountain Capital LLC.
About Connextions Inc.:
Founded in 1992, Connextions and its ConnextionsHealth unit provide technology, people and industry expertise that enables its clients to grow, retain and serve customers. Connextions client list includes America's best-known corporate and healthcare organizations, including Kaiser-Permanente, Caremark, FedEx and Sprint. For information, see www.connextions.com.
About New Mountain Capital:
New Mountain Capital, LLC is a New York-based private equity firm investing for long-term capital appreciation through direct investment in growth equity transactions, leveraged acquisitions and management buyouts. New Mountain seeks out the highest quality growth leaders in carefully selected industry sectors, and then works intensively with management to build the value of those companies. See www.newmountaincapital.com.
For additional information:
Yvonne Daugherty
Marketing Director
Connextions, Inc.
800-999-6543
answers@connextions.com
