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2018 Annual Report

Transforming for the future

Michael J. Castro Named President and Chief Executive Officer of Delta Dental of California and Affiliates

San Francisco — Delta Dental of California and affiliates today announced that the Board of Directors has named Michael J. Castro as President and Chief Executive Officer of Delta Dental of California and affiliates. Mr. Castro has been serving as Delta Dental of California’s acting CEO for the past four months. Prior to that, he was the organization’s Chief Financial Officer.

“After a comprehensive search involving consideration of a number of qualified candidates, the Board determined that Mike is the right leader to guide Delta Dental of California and affiliates as we implement a strategy to transform our business and provide greater and more comprehensive, high-quality and affordable dental coverage and related services,” said Lynn Franzoi, chair of the board of Delta Dental of California.

Ms. Franzoi added, “With nearly two decades of experience at the organization, Mike deeply understands our mission and the unique needs of the clients and providers we serve. He also shares the Board’s vision for the future of the Delta Dental of California enterprise and the opportunities to grow and better serve our corporate mission to advance dental health and access to care. On behalf of the Board, I want to express our gratitude to Mike for his excellent leadership as acting CEO during a critical transition period. The Board and I have full confidence he will successfully lead the transformation of the enterprise.”

Mr. Castro said, “I am thrilled to have the opportunity to lead Delta Dental of California and affiliates at such an exciting point in the enterprise’s history. During my time as acting CEO, I developed an even deeper understanding of the opportunities to build the Delta Dental of California brand and enhance the way we serve our core mission for the benefit of our clients, providers and employees. As we look to make advancements and innovate as a dental benefits provider, we remain committed to being a trusted health partner and together with our customers and employees reimagining and delivering new possibilities for health and well-being.”
 

Michael J. Castro Biography

Mr. Castro is a proven leader with nearly two decades of service at Delta Dental of California. As acting CEO, Mr. Castro has managed the company’s strategy and operations in close collaboration with Delta Dental of California’s Board of Directors and senior management team. Mr. Castro was Delta Dental of California’s CFO between September 2004 and October 2018. In that role, he oversaw all financial operations for Delta Dental of California and affiliates, including Delta Dental of Pennsylvania, Delta Dental of New York, Delta Dental Insurance Company, and the Delta Dental member companies of Delaware, West Virginia and the District of Columbia. He joined Delta Dental of California after serving as partner with the public accounting and audit firm of Clare, Chapman, Storey & Castro. A longtime resident of the San Francisco Bay Area, Mr. Castro received a Bachelor of Science from California State University, Sacramento.

About Delta Dental of California

About Delta Dental of California

Since 1955, Delta Dental of California has offered comprehensive, high quality oral health care coverage to millions of enrollees and built the strongest network of dental providers in the country.

The Delta Dental of California network includes its affiliates, Delta Dental Insurance Company, Delta Dental of Pennsylvania, Delta Dental of New York, Inc., and provides dental benefits to more than 36 million people across 15 states and the District of Columbia. All are members of the Delta Dental Plans Association, based in Oak Brook, Illinois, the not-for-profit national association that collectively covers millions of people nationwide.

For more information about Delta Dental of California, please visit www.deltadentalins.com

About the Delta Dental Community Care Foundation

About the Delta Dental Community Care Foundation

The Delta Dental Community Care Foundation partners with local communities to increase access to care, support dental education and fund research that advances the oral health field. Since 2011, the Foundation has awarded more than $60 million across 15 states and the District of Columbia. The Foundation is the philanthropic arm of Delta Dental of California and its affiliated companies, including Delta Dental Insurance Company, Delta Dental of Pennsylvania and Delta Dental of New York, Inc.