Steven Shulman - Magellan Health Independent Director

Director

Mr. Steven J. Shulman is Chairman of the Board of the Company. He serves as the managing partner at Shulman Family Ventures, Inc., a healthcare private equity firm. He previously served as an operating partner at Water Street Healthcare Partners, LLC, a healthcarefocused private equity firm, from 2008 until March 2015 and Tower Three Partners LLC, from 2008 until 2013. From 2002 to 2008, Mr. Shulman served as chairman and chief executive officer of Magellan Health Services, Inc., where he spearheaded its turnaround and restructuring following bankruptcy. Mr. Shulman previously served as chairman and chief executive officer of Internet Healthcare Group, LLC and as chairman, president and chief executive officer of Prudential Healthcare, Inc., a healthcare insurer. Prior to that, Mr. Shulman served in senior executive positions at Value Health, Inc., a specialty managed care company he founded and took public. Mr. Shulman currently serves as chairman of both Quartet Health, Inc., a healthcare technology company which connects primary care and mental health providers and CareCentrix, Inc., a postacute managed care company. He also serves as a director of several other privatelyheld companies, including VillageMD, a national provider of primary care Facet, a medical device company and Pager, Inc., a mobile healthcare technology company. Mr. Shulman was appointed to the board in March 2019 and was nominated for election to the company board for the first time due to his extensive expertise in private equity investment and the healthcare industry, as the former chairman and chief executive officer of the company. since 2019.
Age 64
Tenure 5 years
Phone800 642-1716
Webwww.magellanhealth.com

Magellan Health Management Efficiency

The company has return on total asset (ROA) of 0.54 % which means that it generated a profit of $0.54 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.16) %, meaning that it created substantial loss on money invested by shareholders. Magellan Health's management efficiency ratios could be used to measure how well Magellan Health manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 562.64 M in liabilities with Debt to Equity (D/E) ratio of 0.28, which may suggest the company is not taking enough advantage from borrowing. Magellan Health has a current ratio of 2.86, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Magellan Health until it has trouble settling it off, either with new capital or with free cash flow. So, Magellan Health's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Magellan Health sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Magellan to invest in growth at high rates of return. When we think about Magellan Health's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Frederick StrattonWeyco Group
78
Kimbal MuskTesla Inc
45
Larry JobeMannatech Incorporated
74
Eric SchrierMannatech Incorporated
62
Ravichandra SaligramChurch Dwight
64
Antonio GraciasTesla Inc
47
Lawrence EllisonTesla Inc
73
Ira EhrenpreisTesla Inc
49
James MurdochTesla Inc
45
Gary EllisToro Co
64
Bradley BussTesla Inc
54
Michael ValeToro Co
54
Linda FerrellMannatech Incorporated
55
Stephen JurvetsonTesla Inc
51
Jeffrey HarmeningToro Co
53
Robert LeBlancChurch Dwight
68
Katherine HarlessToro Co
69
Robert FeitlerWeyco Group
86
Jeffrey EttingerToro Co
62
Kevin RobbinsMannatech Incorporated
N/A
James ORourkeToro Co
60
Magellan Health, Inc., together with its subsidiaries, provides healthcare management services in the United States. As of January 4, 2022, Magellan Health, Inc. operates as a subsidiary of Centene Corporation. Magellan Health operates under Healthcare Plans classification in the United States and is traded on NASDAQ Exchange. It employs 9000 people. Magellan Health (MGLN) is traded on NASDAQ Exchange in USA and employs 9,000 people.

Management Performance

Magellan Health Leadership Team

Elected by the shareholders, the Magellan Health's board of directors comprises two types of representatives: Magellan Health inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Magellan. The board's role is to monitor Magellan Health's management team and ensure that shareholders' interests are well served. Magellan Health's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Magellan Health's outside directors are responsible for providing unbiased perspectives on the board's policies.
Eran Broshy, Independent Director
Swati Abbott, Director
Mostafa Kamal, Senior Vice President and General Manager
Scott MacKenzie, Independent Director
Barry Smith, Chairman and CEO
Mary Sammons, Independent Director
Joe Bogdan, Senior Vice President Corporate Finance
Steven Shulman, Independent Director
Matthew Simas, Director
Perry Fine, Independent Director
Daniel Gregoire, General Counsel and Secretary
Kay James, Director
Srinivas Koushik, CTO
Leslie Norwalk, Independent Director
John Agwunobi, Independent Director
John Littel, Senior Vice President - Government Affairs and Communications
Michael Diament, Independent Director
William McBride, Independent Director
Guy Sansone, Independent Director
Peter Feld, Independent Director
Renie Shapiro, Senior Vice President Corporate Finance
Michael Ressner, Independent Director
Sanjeev Srivastava, CEO of Magellan Healthcare
Caskie LewisClapper, Chief Human Resource Officer

Magellan Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Magellan Health a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Magellan Health in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Magellan Health's short interest history, or implied volatility extrapolated from Magellan Health options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Other Consideration for investing in Magellan Stock

If you are still planning to invest in Magellan Health check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Magellan Health's history and understand the potential risks before investing.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Bonds Directory
Find actively traded corporate debentures issued by US companies
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Volatility Analysis
Get historical volatility and risk analysis based on latest market data