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NORFOLK, Va., Dec. 11, 2013 /PRNewswire/ -- ValueOptions®, Inc., a health improvement company specializing in mental and emotional wellbeing and recovery, today announced that Douglas Thompson has been named the company's Executive Vice President and Chief Financial Officer. Thompson replaces Scott Tabakin who is retiring at the end of the year.
Upon joining ValueOptions as Senior Vice President of Decision Support and Treasurer in 2012, Thompson served as head of Financial Planning and Decision Support, where he was integral in formulating and implementing financial operations and medical economic strategies as well as overseeing the company Treasury. Thompson served as a key liaison to external financial institutions, and provided pivotal support in the company's underwriting process. Prior to joining ValueOptions, Thompson developed an extensive background in financial planning within the managed care industry, including his work as Vice President of Financial Planning and Analysis with HealthSpring and Vice President of Financial Planning with Bravo Health.
"Over the past two years at ValueOptions, Douglas Thompson has proven himself as a dedicated and innovative leader," said Heyward Donigan, ValueOptions President and Chief Executive Officer. "With his wealth of experience in managed care, Douglas continually delivers practical solutions for a business he knows inside and out. We are thrilled to see him take on this critical role at the company. Additionally, I would like to thank Scott Tabakin for his leadership, counsel and invaluable expertise. Scott has not only moved this company forward during his tenure, but has built a foundation with Douglas that will ensure we continue to improve our performance while providing high quality services to our customers."
ValueOptions is a health improvement company that serves more than 32 million individuals. On behalf of employers, health plans and government agencies, we manage innovative programs and solutions that directly address the challenges our health care system faces today. A national leader in the fields of mental and emotional wellbeing, recovery and resilience, employee assistance, and wellness, ValueOptions helps people make the difficult life changes needed to be healthier and more productive. With offices nationwide and a network of more than 130,000 provider locations, ValueOptions helps people take important steps in the right direction. We help them live their lives to the fullest potential. Visit www.valueoptions.com for more information.
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