NEW YORK, March 16, 2006 (PRIMEZONE) -- Aveta Inc., one of the largest companies focusing on Medicare Advantage and a leader in addressing the healthcare needs of the chronically ill, has announced the appointment of John S. Brittain, Jr., as Chief Financial Officer (CFO) effective February 27, 2006.
"John brings to Aveta 24 years of extensive and diverse financial leadership experience," said Mr. Tim O'Donnell, Chief Executive Officer of Aveta, in announcing the appointment. "He understands the financial management needs of high-growth service companies and will be an invaluable addition to our management team as Aveta continues to strengthen its position in the Medicare Advantage space."
Before joining Aveta, Mr. Brittain most recently served as CFO for Quanta Capital Holdings, a recently formed and publicly listed property and casualty insurance company. Prior to that, Mr. Brittain served as Executive Vice President and CFO for American Management Systems, Inc. (AMS), an IT services company. Before joining AMS, Mr. Brittain was with Nextel Communications, Inc., a wireless telecommunications company, where he acted as CFO during 2000 and 2001. Mr. Brittain began his career in banking in 1981 as a corporate officer of JP Morgan Chase, a global banking and investment banking firm.
Mr. Brittain has a BA degree in Economics, Magna Cum Laude, from Tufts University.
About Aveta Inc.
Aveta is one of the largest companies focusing on Medicare Advantage and a leader in addressing the unique healthcare needs of the chronically ill. Caring for over 130,000 Medicare beneficiaries, Aveta is the 5th largest for-profit Medicare Advantage enterprise, and operates more Chronic SNPs than any other company. Aveta has a successful track record of managing care for seniors achieved through its core competency of community medical management. Aveta is headquartered in Fort Lee, New Jersey and currently has operating subsidiaries in Southern California, Puerto Rico, and Illinois.