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Press release content from Business Wire. The AP news staff was not involved in its creation.

 BETA Healthcare Group Announces New CEO

January 2, 2020 GMT

ALAMO, Calif.--(BUSINESS WIRE)--Jan 2, 2020--

BETA Healthcare Group (BETA) announced today that its governing body, the BETA Council, after conducting a nationwide search, has selected Corey Grove, Senior Vice President of Insurance Operations to succeed Tom Wander as Chief Executive Officer. Mr. Wander will begin working immediately with Mr. Grove on the transition prior to him becoming CEO on March 31, 2020, two months before Mr. Wander’s May 31, 2020 retirement date. Mr. Grove has been promoted to Chief Operating Officer effective immediately in advance of the leadership transition.

“It has been an honor to serve as BETA’s CEO for the past 27 years,” stated Tom Wander, CEO. “It’s time for a leadership change, and Corey is the right person to take BETA into the future. He is a proven and respected leader at BETA and throughout the MPL industry with a strong track record of developing teams, growing the business and providing excellent service and value to our members. I look forward to working together with Corey to execute a smooth transition over the next five months.”

Michael Moody, BETA Council Chair stated, “On behalf of the BETA Council, I want to thank Tom for his remarkable leadership as CEO. During his tenure he built a mission-driven organization that not only has an unwavering commitment to its members, but also supports its employees and lives its values every day.”

Prior to being named Senior Vice President of Insurance Operations at BETA in February 2018, where he led all aspects of claims, underwriting, marketing and alternative risk and insurance services, Mr. Grove held the position of Vice President of Underwriting and Client Services. Joining BETA in 1995, he held senior management positions in both marketing and underwriting after an initial role as a professional liability representative in the claims department.

“It’s an honor and privilege to be chosen to lead BETA as its CEO,” stated Corey Grove. “With our dedicated employees and the support of the BETA Council, I look forward to continuing to build on BETA’s long history of service excellence and member collaboration and growing our products and services to benefit the evolving needs of our healthcare members.”

About BETA Healthcare Group

BETA Healthcare Group (BETA) is the largest professional liability insurer of hospitals on the West Coast and provides liability and workers’ compensation coverages to protect hospitals, healthcare facilities, physicians, and other healthcare workers. BETA’s financial strength, rate stability, quality service and breadth of coverage is unparalleled in the industry. For more information, please visit www.betahg.com.

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SOURCE: BETA Healthcare Group

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PUB: 01/02/2020 02:56 PM/DISC: 01/02/2020 02:56 PM