David Cotton
David Cotton | |
---|---|
Born |
David B. Cotton 1950/1951 (age 67–68)[1] |
Alma mater | Loma Linda University |
Occupation | Businessman |
Known for | Former owner of Meridian Health Plans |
Net worth | US$2.5 billion (August 2018) |
Spouse(s) | Shery Cotton |
Children | 3 sons |
David B. Cotton (born 1950/1951) is an American billionaire businessman, and the former owner, chairman and CEO of Meridian Health Plans.
Early life
Cotton earned an MD degree from Loma Linda University in 1974.[1] He trained as a medical doctor, specializing as a gynecologist.[2][3]
Career
He was specialist-in-chief of obstetrics and gynecology at the Detroit Medical Center until 1997.[3]
In 1997, Cotton and his wife Shery Cotton founded Meridian Health Plans in Detroit, Michigan.[2] Cotton and his family owned Meridian for two decades, growing it into the largest private provider of Medicaid benefits in Michigan and Illinois.[4]
In May 2018, WellCare Health Plans Inc announced that it was buying Meridian for US$2.5 billion.[4]
Personal life
Cotton is married to Shery, and they have three sons.[4] In August 2007, their son Jon Cotton was promoted to corporate president of Meridian.[2] Their son Sean Cotton is chief legal counsel of Meridian, and son Michael Cotton is president of Meridian Health Plan of Illinois.[3]
References
- 1 2 "Executive Profile David B. Cotton". Bloomberg LP. Retrieved 6 August 2018.
- 1 2 3 "Jon Cotton appointed corporate president of Meridian". crainsdetroit.com. 14 August 2017. Retrieved 6 August 2018.
- 1 2 3 "David Cotton". crainsdetroit.com. 5 January 2014. Retrieved 6 August 2018.
- 1 2 3 "Obamacare Helped Make This Doctor a Billionaire". bloomberg.com. Retrieved 6 August 2018.