David Cotton | |
Birth Name: | David B. Cotton |
Birth Date: | [1] |
Alma Mater: | Loma Linda University |
Occupation: | Businessman |
Known For: | Former owner of Meridian Health Plans |
Spouse: | Shery Cotton |
Children: | 3 sons |
David B. Cotton (born 1950/1951) is an American billionaire businessman, and the former owner, chairman and CEO of Meridian Health Plans.
Cotton earned an MD degree from Loma Linda University in 1974.[1] He trained as a medical doctor, specializing as a gynecologist.[2] [3]
He was specialist-in-chief of obstetrics and gynecology at the Detroit Medical Center until 1997.[3]
In 1997, Cotton and his wife Shery Cotton founded Meridian Health Plans in Detroit, Michigan.[2] Cotton and his family owned Meridian for two decades, growing it into the largest private provider of Medicaid benefits in Michigan and Illinois.[4]
In May 2018, WellCare Health Plans Inc announced that it was buying Meridian for US$2.5 billion.[4] [5]
Cotton has three sons.[4] In August 2007, their son Jon Cotton was promoted to corporate president of Meridian.[2] Their son Sean Cotton was chief legal counsel of Meridian, and son Michael Cotton was president of Meridian Health Plan of Illinois.[3]