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Kelly Clark Joins MAXIMUS as CIO; Bruce Caswell Comments

Kelly Clark, formerly senior vice president of data operations at Optum, has joined MAXIMUS (NYSE: MMS) as chief information officer. Clark will be responsible for MAXIMUS’ global technology strategy and work to technology efforts with the objectives of the firm’s business units worldwide,  MAXIMUS said Thursday. “He will play an important role in leveraging core technologies and …

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Bruce Caswell to Lead Both Health, Human Services at MAXIMUS; Richard Montoni Comments

Bruce Caswell, president of the MAXIMUS (NYSE: MMS) health services segment, has been appointed president of the company as Richard Montoni focuses on his responsibilities as CEO and board member. As company president beginning October, Caswell will lead both the health services and human services segments,  MAXIMUS said Thursday. “I look forward to continuing …

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Richard Montoni: MAXIMUS’ $150M Stock Buyback Plan Wins Board Approval

The board of directors at MAXIMUS (NYSE: MMS) has approved the company’s plan to repurchase as much as $150 million in company shares. MAXIMUS said Monday that shares acquired through the repurchase program will be held as treasury stock and be used for employee stock issuance and general corporate purposes. …

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Rick Nadeau to Join MAXIMUS as CFO

Rick Nadeau, formerly chief financial officer at SRA International for four years, will officially join Reston, Va.-based government services contractor MAXIMUS as CFO on June 23. The nearly four-decade financial and executive leadership veteran will succeed the retiring David Walker, who will remain with the company until December to help with …

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Richard Montoni: ACA, Medicaid Contracts Increase MAXIMUS’ FY 2014 Guidance

MAXIMUS (NYSE: MMS) has announced financial results for the second quarter of the company’s 2014 fiscal year, ended March 31. The Reston, Va.-based government services contractor reported a 35-percent increase in revenue to $439 million from the prior year period and increased its guidance estimates for fiscal 2014 revenue to …

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Richard Montoni: Maximus Targets $200M in Annual Revenue From Affordable Care Act Work

Maximus Inc. (NYSE: MMS) booked $1.3 billion in revenue in fiscal year 2013 as the company worked to help individuals apply for health plan through the federal government’s ObamaCare program, Investor’s Business Daily reported Thursday. Marie Beerens writes 65 percent of that revenue came from the health services business and …

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Richard Montoni: Health Services Work Drives ‘Better Than Expected’ 1Q for MAXIMUS

Reston, Va.-based government services contractor MAXIMUS (NYSE: MMS) has announced financial results for the first quarter of its 2014 fiscal year, ended Dec. 31, 2013. The company reported 42-percent higher revenue from the prior year period, or 44 percent on a constant currency basis, going from $286.3 million to $406.6 …

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David Walker to Retire as MAXIMUS CFO; Richard Montoni Comments

David Walker, chief financial officer at MAXIMUS (NYSE: MMS) for seven years, plans to retire from his CFO and treasurer roles upon the appointment of his successor. Executive recruitment firm Korn Ferry has been hired to search for Walker’s successor and he will move into a part-time position supporting CEO …

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MAXIMUS Wins $848M to Run Federal Student Aid Contact Center; Richard Montoni, Tom Romeo Comment

A subsidiary of MAXIMUS (NYSE: MMS) has won a potential 10-year, three-month $848.4 million contract to help operate a customer contact center and other facilities for the Education Department‘s Federal Student Aid office. MAXIMUS Federal Services will start work on Sept. 30 under the contract, which contains a two-year and three month base period …

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MAXIMUS 3Q Revenue Jumps 23% With Gains Across Health and Human Services

Maximus reported year-over-year revenue increases of more than 20 percent in its Health Services and Human Services segments for the third quarter of its fiscal year ended June 30, 2013. The Reston-Va. contractor said its total quarterly revenue grew 26 percent to $334.3 million over the prior year period, helping …

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