Joseph Molina
Joseph Mario Molina is an American business executive in the healthcare industry who was the former CEO of his family's business Molina Healthcare.
Early life and education
Joseph Molina was born in California in 1958. He obtained his M.D. from the University of Southern California, where he was elected to membership in Alpha Omega Alpha and Sigma Xi. He has an honorary doctorate from Claremont Graduate University.Molina did his medical internship and residency at the Johns Hopkins Hospital. After that, he was a fellow for four years at the University of California, San Diego, and the San Diego Veterans Affairs Medical Center, in endocrinology and metabolism. Thereafter he became assistant professor of medicine at USC.
Career
The whole Molina family launched the health care business that would become Molina Healthcare Inc.. The siblings Mario, Joseph, John and three sisters working at the first three clinics for their father. They were expected to help out so they worked the reception desk, painted buildings, cleaned, washed windows and did anything that needed to be done, other than seeing patients. Mario however did eventually see patients, after qualifying as a doctor.Prior to his leadership roles at the firm, Joseph Molina held a number of other key roles at Molina Healthcare. These included Medical Director and vice president.
Following the death of his father and founder of the company, C. David Molina, MD in 1996, Joseph Molina took on key executive roles as chief executive officer, chairman of the board and president.
In 2009 Molina Healthcare took in $3.7 billion, of which $31 million was profit. Molina's personal total compensation for 2014 was: $7,854,147.