DAYTON, Ohio, June 19, 2019 /PRNewswire/ -- Glassdoor
announced its 2019 Employees' Choice Awards for the highest-rated
CEOs today and CareSource CEO Erhardt
Preitauer ranks #20 on the list.
Preitauer joins household names like Elon Musk and Mark
Zuckerberg who previously appeared on Glassdoor's list of
companies with 1,000 or more employees. One of the world's largest
job and recruiting websites, Glassdoor releases the annual award to
recognize the top leaders that employees love working for in
countries throughout North America
and parts of Europe. Company
employees voluntarily provide anonymous feedback about their jobs,
work environment and employer on Glassdoor's website—including a
review of their company CEO's leadership. Preitauer had an approval
rating of 100 percent for the review period that concluded
May 1.
"When the board selected Erhardt as CareSource's second-ever
CEO, we knew we had found an exceptional leader with tremendous
business acumen and expertise in managed care. The fact that he has
such a high approval rating with our employees is a testament to
his approachability, his passion for the mission and his commitment
to continue to propel CareSource to lead the industry," said
Kevin Brown, chairman of
CareSource's Board of Trustees.
Preitauer joined CareSource in May
2018 bringing two decades of transformational leadership and
government-sponsored health plan expertise to the role. Preitauer
is an accomplished health care executive with a track record of
driving significant growth, profitability, innovation and
operational excellence. Prior to joining CareSource, he led Horizon
New Jersey Health, the state's largest Medicaid plan, as CEO.
In just his first year with CareSource, Preitauer unveiled a new
strategic plan to position CareSource for growth, launched a number
of initiatives to empower employees to do their best work and
recruited top industry talent from across the country to support
his focus on being an industry-leading organization. He also
announced plans to extend the mission to provide health care to
veterans and reinvent the pharmacy benefit model.
"CareSource has always been the kind of place where employees go
above and beyond, but Erhardt has really engaged our leaders and
employees around his vision for the future," said Dan McCabe, Chief Administrative Officer at
CareSource. "He has brought a renewed energy to our collective
effort to have the heart and soul of a mission-focused organization
while we extend our ability to be best-in-industry in all that we
do."
According to a study from Glassdoor Economic Research,
highly rated CEOs are statistically linked to companies with great
cultures. Among measures of company culture, the biggest driver of
high CEO approval ratings is employee satisfaction with senior
leadership. The study also reveals a strong link between CEO
approval rating and financial performance. Among the more than
770,000 employers reviewed on Glassdoor, the average CEO approval
rating is 69 percent.
"It's an honor to recognize incredible leaders who, from their
employees' perspectives, exemplify exceptional vision, trust and
communication. Glassdoor's Top CEOs award continues to be more
competitive every year, and I congratulate each leader on their
achievement," said Christian
Sutherland-Wong, Glassdoor president and chief operating
officer. "Today's job seekers are looking for leaders who share
their values and will empower them to bring their full selves to
work. More and more, we're seeing Top CEOs make decisions to shape
the culture of their organizations to help recruit and retain
quality talent, which has a direct correlation to fueling business
success."
Glassdoor recognizes the Top CEOs with lists for U.S. large
(1,000+ employees), U.S. small and medium (fewer than 1,000
employees), Canadian, UK, French and German employers.
About CareSource
CareSource is a leading nonprofit multi-state health plan
serving government sponsored programs and is nationally recognized
as an industry leader in providing member-centric health care
coverage. Founded in 1989, CareSource administers one of the
nation's largest Medicaid managed care plans. Today, CareSource
offers individuals and families comprehensive health and life
services including Marketplace and Medicare Advantage plans.
Headquartered in Dayton, Ohio,
CareSource serves nearly 2 million members in Ohio, Kentucky, Indiana, West
Virginia and Georgia.
CareSource understands the challenges consumers face navigating the
health system and works to put health care in reach for those it
serves.
For more, visit caresource.com, follow @caresource on Twitter,
or like CareSource on Facebook.
Joe Kelley
Manager, Media Relations
Joseph.Kelley@CareSource.com
513-509-8466
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SOURCE CareSource