Here are three things to know about the resignation.
1. Mr. Molina, along with his brother and former Molina Healthcare CEO J. Mario Molina, MD, was fired in May 2017 following months of poor financial performance.
2. Mr. Molina began serving on the insurer’s board of directors in 1994. He is a founding partner of Pacific6, a Long Beach, Calif.-based investment and development firm.
3. Mr. Molina is the son of the late C. David Molina, MD, who founded Molina Healthcare.
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