Catamaran Promotes Jeff Park To EVP, Operations, Mike Shapiro To CFO

(RTTNews) - Catamaran Corp. (CTRX, CCT.TO) said Monday that Jeff Park has been promoted to the newly-created position of Executive Vice President, Operations, and that Mike Shapiro will succeed him as SVP & Chief Financial Officer.

As EVP, Operations, Park will oversee all PBM Operations, IT, Product Development, Government Programs, Quality, Innovation and Legal activities. He will continue to report to Mark Thierer, the company's Chairman and Chief Executive Officer.

Park was instrumental in the creation of Catamaran, the merger of two PBMs, SXC Health Solutions and Catalyst Health Solutions. Joining SXC Health Solutions' Board of Directors in 2003, Park became the company's CFO in 2006.

Shapiro, who joined Catamaran in 2012, previously served as SVP, Finance of the company.