16.05.2008 17:38:00
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TriZetto Mourns the Passing of Board Member Tom Johnson
The TriZetto Group, Inc. (NASDAQ: TZIX) is saddened to announce that
Thomas B. Johnson, a member of its board of directors, passed away
unexpectedly on Tuesday, May 13. Mr. Johnson had served as a director
since March 2003 and chaired the board’s audit
committee.
"There is a hole in all of our hearts with Tom’s
passing and, yet, his personal and professional contributions were so
great that we will continue to benefit from having known and worked with
him,” said Jeff Margolis, TriZetto’s
chairman and CEO. "Throughout his time on
TriZetto’s board, Tom delivered a rare
combination of experience, intellect, intensity, discipline and
humility. I valued his counsel greatly. He will be sorely missed, but he
will also long be remembered with a smile by those of us fortunate
enough to have known him.”
Mr. Johnson’s time on TriZetto’s
Board was part of a long and distinguished professional career. From
October 1995 until he retired in March 2001, Mr. Johnson served as an
officer of CNA Financial Corporation and held such positions as group
vice president of provider markets and chairman and chief executive
officer of CNA Health Partners, Inc. From July 1964 to September 1995,
Mr. Johnson held various positions with Deloitte & Touche, concluding
with partner, management consulting. During most of his 31-year career
with Deloitte & Touche, Mr. Johnson provided management and financial
consulting services to healthcare industry clients. He received his B.S.
in industrial engineering from Northwestern University in 1962 and his
M.B.A. in accounting and finance from the University of Chicago in 1964.
Mr. Johnson received his Certified Public Accountant certificate from
the State of Illinois in 1965.
With TriZetto’s previously announced
acquisition by Apax Partners pending, the company does not plan to fill
Mr. Johnson’s board seat. Audit committee
member Jerry Widman has been appointed as the new chair of the
committee. Director Nancy Handel has been appointed as the third member
of the audit committee.
About TriZetto
TriZetto provides premier information technology solutions that enable
payers and other constituents in the healthcare supply chain to improve
the coordination of benefits and care for healthcare consumers.
Healthcare payers include national and regional health insurance plans,
and benefits administrators that provide transaction services to
self-insured employer groups. The company’s
payer-focused information technology offerings include enterprise and
component software, hosting and business process outsourcing services,
and consulting. Headquartered in Newport Beach, Calif., TriZetto can be
reached at 949-719-2200 or at www.trizetto.com.
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