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UAM > SEC Filings for UAM > Form 8-K on 3-Apr-2009All Recent SEC Filings

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Form 8-K for UNIVERSAL AMERICAN CORP.


3-Apr-2009

Change in Directors or Principal Officers


Item 5.02 Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(d) On March 18, 2009, we filed a current report that disclosed that Jay Yang had resigned from our Board of Directors and that Perry Partners, L.P., Perry Partners International, Inc., Perry Private Opportunities Offshore Fund, L.P., and Perry Private Opportunities Fund, L.P., the entities that collectively designated Mr. Yang to serve on our Board pursuant to our Stockholders' Agreement dated as of September 21, 2007, had designated Richard Perry to succeed Mr. Yang. We further disclosed that we would appoint Mr. Perry to our Board. On March 31, 2009, our Board of Directors appointed Mr. Perry to the Board, with immediate effect.

Mr. Perry, age 54,co-founded Perry Capital in 1988. Prior to 1988, Mr. Perry was in the equity arbitrage area of Goldman, Sachs & Co. He was also an adjunct associate professor at the Stern School of Business at New York University, where he taught a course in the finance department. Mr. Perry serves on the board of directors of Sears Holdings Corporation, Capital Business Credit LLC, and Endurance Specialty Insurance, Ltd. Mr. Perry is a member of the boards of trustees of Milton Academy, Facing History and Ourselves, Harlem Children's Zone and the University of Pennsylvania. Mr. Perry earned an MBA at New York University's Stern School of Business in 1980, and a BS at the University of Pennsylvania's Wharton School in 1977.


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