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DentaQuest Hires New CFO -- 8/28/2006
(Boston, Ma) – DentaQuest has announced that Gary Guengerich has been named Chief Financial Officer. Guengerich brings more than 30 years of experience in finance, including former positions as an executive vice president and chief financial officer for managed care and insurance companies in the United States.
“Guengerich brings the right mix of high-level executive experience and a comprehensive knowledge of strategic and financial planning – we are pleased to have him on our team,” said Fay Donohue, President and COO of DentaQuest.
Guengerich spent five years as Chief Financial Officer with the American Medical Security Group of Green Bay, WI, a $1 billion, managed care healthcare company, before accepting the post at DentaQuest. During his tenure, American Medical Security Group was spun off from its parent company, United Wisconsin Services, as a new public entity trading on the New York Stock Exchange.
He previously served as the Chief Financial Officer for First Colony Life Insurance Co. in Lynchburg, Va. Guengerich had served as Senior Vice President and Comptroller with First Colony, a wholly owned subsidiary of Ethyl Corp. . In 1997, he assumed the role of Chief Financial Officer and Manager of Finance for First Colony Life and affiliates, a significant subsidiary of the Consumer Savings and Insurance Group of GE Capital, with assets of $12 billion, revenues in excess of $1.5 billion and net income of $150 million.
DentaQuest provides and administers a full range of commercial dental programs, and is one of the largest administrators of government dental programs through its Doral business unit. Headquartered in Boston, Massachusetts, DentaQuest has a regional office that serves Maryland, Virginia, and the District of Columbia. Doral, which administers Medicaid plans in 18 states, is based in Mequon, Wisconsin.
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