David Cotton
David Cotton | |
|---|---|
| Born | David B. Cotton 1950 or 1951 (age 73–74)[1] |
| Alma mater | Loma Linda University |
| Occupation | Businessman |
| Known for | Former owner of Meridian Health Plans |
| Spouse | 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][5]
Personal life
Cotton has three sons.[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
- ^ a b "Executive Profile David B. Cotton". Bloomberg LP. Retrieved 6 August 2018.
- ^ a b c "Jon Cotton appointed corporate president of Meridian". crainsdetroit.com. 14 August 2017. Retrieved 6 August 2018.
- ^ a b c "David Cotton". crainsdetroit.com. 5 January 2014. Retrieved 6 August 2018.
- ^ a b c "Obamacare Helped Make This Doctor a Billionaire". bloomberg.com. 6 August 2018. Retrieved 6 August 2018.
- ^ "$2.5 billion deal done, Cotton family plans next steps, new ventures". Crain's Detroit Business. 2018-09-30. Retrieved 2020-03-24.
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