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BRIEF-Molina healthcare says fired execs entitled to severance
May 2, 2017 / 8:48 PM / 5 months ago

BRIEF-Molina healthcare says fired execs entitled to severance

May 2 (Reuters) - Molina Healthcare

* Says CEO Mario molina, CFO John Molina were terminated without cause

* Says terminations were effective immediately and will entitle Dr. Molina and Mr. Molina to severance benefits

* Says Molinas entitled to acceleration/vesting of equity compensation as provided for in their employment agreements Further company coverage: (Reporting By Michael Erman)

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