President Barack Obama officially opened the White House Office of Health Reform. This came weeks after White House reformer Nancy-Ann DeParle said, "I'm open for business." That she is.
One fox sits atop the formally christened office. Nancy-Ann worked for J.P. Morgan Partners LLP, which later became CCMP Capital Advisers, a private equity underwriter (PEU) specializing in health care. Ms. DeParle sits on the board of four for-profit health care boards. Her 2007 board compensation was nearly $550,000. Her stock holdings were recently worth over $3.1 million.
Ms. DeParle sat on boards of five acquired health care companies. She grossed well over $4.1 million from those sales.
Nine board seats, over $550,000 in annual board compensation and over $7.2 million in stock holdings or sale proceeds. This doesn't include Ms. DeParle's pay as a professional PEU. Add CCMP's pay and incentive compensation and the total rises to ?.
Not only does Ms. DeParle believe in private, for-profit health care, she waves the banner for pay for performance. Nancy-Ann sat on the board compensation committee for Accredo Health, Cerner Corp. and Davita. Recall how executive incentive pay imploded Wall Street? Expect the same for health care.
One fox sits atop the formally christened office. Nancy-Ann worked for J.P. Morgan Partners LLP, which later became CCMP Capital Advisers, a private equity underwriter (PEU) specializing in health care. Ms. DeParle sits on the board of four for-profit health care boards. Her 2007 board compensation was nearly $550,000. Her stock holdings were recently worth over $3.1 million.
Ms. DeParle sat on boards of five acquired health care companies. She grossed well over $4.1 million from those sales.
Nine board seats, over $550,000 in annual board compensation and over $7.2 million in stock holdings or sale proceeds. This doesn't include Ms. DeParle's pay as a professional PEU. Add CCMP's pay and incentive compensation and the total rises to ?.
Not only does Ms. DeParle believe in private, for-profit health care, she waves the banner for pay for performance. Nancy-Ann sat on the board compensation committee for Accredo Health, Cerner Corp. and Davita. Recall how executive incentive pay imploded Wall Street? Expect the same for health care.
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