Cotiviti Holdings, Inc. (NYSE:COTV) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 22, 2017, Mr. J. Lawrence Connolly and Mr. Douglas Present informed the Board of Directors of Cotiviti Holdings, Inc. (the “Company”) of each of their decisions to not stand for re-election at the 2017 annual meeting of stockholders and to retire as directors of the Company as of such date.
Messers. Connolly and Present have served on the Company’s Board of Directors since 2012. The decisions of Messrs. Connolly and Present to retire and not stand for re-election were not a result of any disagreement with the Company.
About Cotiviti Holdings, Inc. (NYSE:COTV)
Cotiviti Holdings, Inc. is a provider of analytics-driven payment accuracy solutions. The Company is focused primarily on the healthcare sector. The Company operates through two segments: Healthcare, and Global Retail and Other. Through its Healthcare segment, the Company offers prospective and retrospective claims accuracy solutions to healthcare payers in the United States. The Company also provides analytics-based solutions unrelated to its healthcare payment accuracy solutions in the United States. Through its Global Retail and Other segment, the Company provides retrospective claims accuracy solutions to retailers primarily in the United States, Canada and the United Kingdom, as well as solutions that develop payment networks for a range of clients. The Company offers various solutions, such as prospective claims accuracy solutions, retrospective claims accuracy solutions and other services. Cotiviti Holdings, Inc. (NYSE:COTV) Recent Trading Information
Cotiviti Holdings, Inc. (NYSE:COTV) closed its last trading session down -1.48 at 37.26 with 619,146 shares trading hands.