VSP GLOBAL ANNOUNCES EXECUTIVE TEAM APPOINTMENTS

EARNIE FRANKLIN NAMED CHIEF TECHNOLOGY OFFICER AND ALEC MAHMOOD NAMED CHIEF FINANCIAL OFFICER

CTO CFO Release

Rancho Cordova, Calif., October 9, 2018 — VSP Global® today announced the appointments of Earnie Franklin as Chief Technology Officer (CTO), and Alec Mahmood as Chief Financial Officer (CFO). Franklin and Mahmood will report to Michael Guyette, VSP Global’s president and CEO.

"I am thrilled to welcome these two phenomenal leaders to our team,” said Guyette. “Earnie and Alec bring with them deep healthcare expertise that will help further strengthen and accelerate our organization’s focus on expanding access to eye care and eyewear.”

Franklin joins VSP Global from Blue Cross Blue Shield of Minnesota, with over 20 years of experience in healthcare and technology and is skilled in helping connect technology outcomes with organizational strategies. Franklin’s deep experience in healthcare technology spans core business capability platforms to front office and customer relationship management tools. He led IT and Information Security efforts for Triserv Alliance LLC, a start-up focused on helping healthcare companies bid on Tricare contracts, and was instrumental at leading growth strategy at Incepture, a former wholly owned subsidiary of Florida Blue that provided healthcare staffing, consulting and managed solutions. During his tenure at Incepture, Franklin helped deliver 400 percent revenue growth in a five-year period. He holds a master’s degree in Business Administration from Jacksonville University.

Mahmood has more than two decades of experience in healthcare finance in a variety of organizations, from publicly held organizations to private equity firms. Most recently, Mahmood worked for Prime Therapeutics, a pharmacy benefit management company, with responsibilities spanning across finance, strategy and cost-of-care management. He served as CFO for some of the nation's largest managed care companies, such as Health Net and Coventry Health, as well as leadership roles working with some of the largest private equity firms in the U.S., including Blackstone and Goldman Sachs. He holds a master’s degree in Health Administration from University of Southern California and was recognized as CFO of the year by the Minneapolis St. Paul Business Journal in 2017.

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About VSP Global 
VSP Global® is a doctor-governed company that exists to create value for members and opportunities for VSP network doctors. Our industry-leading businesses include VSP® Vision Care, the only national not-for-profit vision benefits company, which provides access to eye care for 88 million members through a network of over 40,000 doctors worldwide; Marchon® Eyewear Inc., one of the world’s largest designers, manufacturers and distributors of high-quality eyewear and sunwear; VSP Optics, industry leaders in ophthalmic technology and lab services, providing custom lens solutions for the vision and lifestyle needs of patients; Eyefinity®, the industry leader in practice management and electronic health record software, and VSP Retail, which focuses on increasing access to eye care and eyewear through multiple channels. Together with VSP network doctors, VSP Global Eyes of Hope® has provided access to no-cost eye care and eyewear for more than 2 million people in need.

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