Monday, March 29, 2010

Shalala nominated to board of health care firm

Mednax said today that it has nominated Gannett Director Donna Shalala to a newly created seat on what would become an 11-member board of directors. The company, based in Fort Lauderdale, says it provides neonatal, maternal-fetal and pediatric physician subspecialty services as well as anesthesia services.

The company's new shareholders proxy report says each non-employee director last year received an annual retainer fee of $60,000, payable quarterly, plus an annual fee of $7,500 for attendance at meetings, payable quarterly.

Mednax trades on the New York Stock Exchange under the symbol MD.

Shalala was secretary of the Health and Human Services Department in the Clinton Administration. Her other corporate board seat is at homebuilder Lennar. She's expected to leave Gannett's board during the next year, should she reach mandatory retirement age of 70.

Earlier: How much Shalala, other Gannett directors have been paid

1 comment:

  1. Let's hope the media quotes her again on what a big deal this healthcare reform package was. She doesn't have any conflicts. What a joke this woman is.

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