David Cotton

Last updated
David Cotton
Born
David B. Cotton

1950 or 1951 (age 74–75) [1]
Alma mater Loma Linda University
OccupationBusinessman
Known forFormer owner of Meridian Health Plans
SpouseShery Cotton
Children3 sons and 1 daughter

David B. Cotton (born 1950/1951) is an American billionaire businessman, and the former owner, chairman and CEO of Meridian Health Plans.

Contents

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] [5]

Personal life

Cotton has three sons and one daughter. [4] In August 2007, their son Jon Cotton was promoted to corporate president of Meridian. [2] Their son Sean Cotton was chief legal counsel of Meridian, and son Michael Cotton was president of Meridian Health Plan of Illinois. [3]

References

  1. 1 2 "Executive Profile David B. Cotton". Bloomberg LP. Retrieved 6 August 2018.
  2. 1 2 3 "Jon Cotton appointed corporate president of Meridian". crainsdetroit.com. 14 August 2017. Retrieved 6 August 2018.
  3. 1 2 3 "David Cotton". crainsdetroit.com. 5 January 2014. Retrieved 6 August 2018.
  4. 1 2 3 "Obamacare Helped Make This Doctor a Billionaire". bloomberg.com. 6 August 2018. Retrieved 6 August 2018.
  5. ↑ "$2.5 billion deal done, Cotton family plans next steps, new ventures". Crain's Detroit Business. 2018-09-30. Retrieved 2020-03-24.


This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.