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Roger F Greaves

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BUSINESS
April 1, 1995 | DAVID R. OLMOS, TIMES STAFF WRITER
Roger F. Greaves resigned as chief executive of the parent company of Health Net after he lost a bid to be the top executive in a merger his company is negotiating with rival WellPoint Health Networks, sources said. The resignation, which company officials said was unexpected, came as WellPoint was on the verge of announcing its acquisition of Health Systems in a $1.8-billion stock swap.
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BUSINESS
April 1, 1995 | DAVID R. OLMOS, TIMES STAFF WRITER
Roger F. Greaves resigned as chief executive of the parent company of Health Net after he lost a bid to be the top executive in a merger his company is negotiating with rival WellPoint Health Networks, sources said. The resignation, which company officials said was unexpected, came as WellPoint was on the verge of announcing its acquisition of Health Systems in a $1.8-billion stock swap.
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BUSINESS
June 11, 1991 | JAMES F. PELTZ, TIMES STAFF WRITER
Health Net said Monday that its directors rejected two outside offers to buy the HMO, but not before giant hospital operator Humana Inc. weighed in with a third bid to purchase the Woodland Hills-based concern. A fourth acquisition offer--a controversial $108-million proposal from Health Net Chairman Roger F. Greaves and 31 other company executives--remains the smallest of the bids received but is still favored by the HMO's board.
BUSINESS
June 11, 1991 | JAMES F. PELTZ, TIMES STAFF WRITER
Health Net said Monday that its directors rejected two outside offers to buy the HMO, but not before giant hospital operator Humana Inc. weighed in with a third bid to purchase the Woodland Hills-based concern. A fourth acquisition offer--a controversial $108-million proposal from Health Net Chairman Roger F. Greaves and 31 other company executives--remains the smallest of the bids received but is still favored by the HMO's board.
BUSINESS
May 28, 1991 | JAMES F. PELTZ, TIMES STAFF WRITER
State regulators are taking a second look at a controversial plan by Health Net's management to acquire the big health-maintenance organization and convert it from nonprofit to for-profit status. Health Net, based in Woodland Hills, submitted the plan in March to the Department of Corporations, where it has been available for public review. But the HMO never made any other announcement about the proposal.
BUSINESS
May 28, 1991 | JAMES F. PELTZ, TIMES STAFF WRITER
State regulators are taking a second look at a controversial plan by Health Net's management to acquire the big, nonprofit health maintenance organization and convert it to for-profit status. A key issue is whether Health Net's value has been fairly assessed. In order to convert to for-profit status, state law requires the company to make a financial contribution to a public charity in the amount of the company's current value.
NEWS
May 27, 1990
Roger F. Greaves, president and chief executive officer of Health Net, has been named a founding member of the board of governors of the Cal State Long Beach Foundation. Greaves, an alumnus, is chairman of the university's Annual Fund campaign. University President Curtis McCray said the board will be "involved in helping to determine the future direction of the university physically, academically and financially."
BUSINESS
May 31, 1995 | Times Staff and Wire Reports
Health Net Gets New Chairman: Health Systems International, a Woodland Hills-based managed health care company, named Michael E. Gallagher as chairman, president and chief executive of its Health Net subsidiary. He replaces Roger F. Greaves, a Health Net co-founder who resigned his executive posts shortly after Health Systems announced plans in April to merge with WellPoint Health Networks. Gallagher said his job is "to see Health Net through the merger process."
BUSINESS
May 30, 1996 | DAVID R. OLMOS, TIMES STAFF WRITER
Health Systems International, which suffered a rash of executive suite defections during its failed merger with WellPoint Health Networks, has named investment banker Jay Gellert as its new president and chief operating officer, effective June 3. The Woodland Hills-based managed-care company said Gellert's appointment is the first in a series of top-level executive jobs that will be filled during the next several weeks.
CALIFORNIA | LOCAL
May 14, 1993 | SCOTT GLOVER
About 2,000 Warner Center workers walked a mile Thursday in a benefit that generated more than $85,000 to be used for research in the March of Dimes fight against birth defects and infant mortality. "This is just fantastic," said Roger F. Greaves, president of Health Net, who strode for the 11th time in front of a legion of marchers in the charity walk.
BUSINESS
May 28, 1991 | JAMES F. PELTZ, TIMES STAFF WRITER
State regulators are taking a second look at a controversial plan by Health Net's management to acquire the big health-maintenance organization and convert it from nonprofit to for-profit status. Health Net, based in Woodland Hills, submitted the plan in March to the Department of Corporations, where it has been available for public review. But the HMO never made any other announcement about the proposal.
BUSINESS
May 28, 1991 | JAMES F. PELTZ, TIMES STAFF WRITER
State regulators are taking a second look at a controversial plan by Health Net's management to acquire the big, nonprofit health maintenance organization and convert it to for-profit status. A key issue is whether Health Net's value has been fairly assessed. In order to convert to for-profit status, state law requires the company to make a financial contribution to a public charity in the amount of the company's current value.
BUSINESS
February 8, 1992 | JAMES F. PELTZ, TIMES STAFF WRITER
A controversial bid by the management of Health Net to convert the health maintenance organization to for-profit status won state approval Friday after Health Net agreed to cede majority ownership of the company to an independent health foundation. State Corporations Commissioner Thomas S.
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