Cotiviti Appoints Mala Anand to Board of Directors
ATLANTA, GA, December 13, 2016 (BUSINESS WIRE) – Cotiviti Holdings, Inc. (NYSE: COTV) (“Cotiviti”) a leading payment accuracy provider to the healthcare and retail industries, announced today that Mala Anand, President of Analytics at SAP SE, was elected to Cotiviti’s Board of Directors to serve as an independent director, effective immediately. Ms. Anand’s appointment increases the size of the Cotiviti Board to 11 members.
"We are very pleased to welcome Mala to Cotiviti’s Board,” said David Swift, Chairman of the Board of Directors. “She brings considerable experience in software and product development, analytics innovation, and go-to-market strategies from a distinguished career working with both major corporations and high growth startups. Mala will add a valuable independent perspective on product development, technology and market expansion to the Board and support Cotiviti’s ongoing efforts to create long-term value for shareholders and clients.”
CEO Doug Williams stated, “Mala brings an important dimension to Cotiviti with her leadership in technology development and data analytics. As a company which identifies and unlocks value for clients from complex analytics, we look forward to benefiting from her deep expertise as we continue to execute our strategic growth plan by leveraging our technology platform, analytics and proprietary information assets to help our clients enhance their claims payment accuracy.”
During the course of her career, Ms. Anand has led software products, go-to-market, services and technology development in a variety of senior executive roles and holds multiple technology patents. Prior to joining SAP SE, Ms. Anand served as Senior Vice President of Cisco’s Data and Analytics/Automation Software Platforms Group from October 2007 to October 2016. Among other roles, she has also served as an Entrepreneur in Residence for venture capital firm Kleiner Perkins Caufield & Byers, and drove software product development in various roles at Corosoft (BMC), Rapt (Microsoft) and Beyond, Inc. Ms. Anand has also led enterprise software teams at Oracle and Digital Equipment Corporation focusing on developing software products and technology visions, go-to-market strategies, and the delivery of enterprise software and services.
Ms. Anand completed her undergraduate studies at The University of Massachusetts Amherst, earning a Bachelor of Science degree in Computer Science, and she obtained a Master of Computer Science degree from Brown University.
Cotiviti is a leading payment accuracy provider that helps healthcare payers and retailers achieve their business objectives by unlocking value from the incongruities the company discovers in the complex interactions customers have with stakeholders. Cotiviti helps clients capture over $3 billion annually through improved payment accuracy. Cotiviti provides services to eight of the top ten U.S. healthcare payers and eight of the top ten U.S. retailers.
Investor and Media Contact: Jennifer W. DiBerardino Vice President, Investor Relations 203-642-0718 Investor.Relations@Cotiviti.com