President and CEO
Executive Mosaic is honored to announce Richard Montoni, chief executive of MAXIMUS, as the newest inductee into the Washington 100, the premier group of leaders who drive innovation and growth at the intersection of the public and private sectors.
After serving as MAXIMUS’ chief financial officer and treasurer for four years, Montoni elevated to his current role in 2006 “during a transition period where the company faced significant challenges,” he told GovCon Exec.
“It was the best career move because it allowed me to draw successfully upon my prior experiences as a CFO and CPA to help drive our successes with the other talented members of our management team and with the full support of the board of directors.”
Montoni said some of his top priorities during this process were maintaining quality and controlling risk while settling outstanding legacy program issues, instituting growth and optimization-focused processes and divesting non-core businesses.
“We’ve come a long way as an organization and today we are very much in growth mode. Our growth over the past several years is a result of successfully leveraging a blend of people, process and technology to serve diverse beneficiary populations in high-profile and complex government programs.”
Montoni said that MAXIMUS follows a “multi-faceted” growth strategy and sees U.S. health reform as a long-growth driver for the company. The company has already leveraged its position as the leading operator of Medicaid and other public health insurance programs into Affordable Care Act opportunities and now operates two customer contact centers for the federal health insurance marketplace and six state-based health insurance exchanges.
In international markets, MAXIMUS recently purchased a health assessments provider in the U.K. and has launched “welfare-to-work operations” in the U.K., Canada, and Saudi Arabia after having related success in Australia.
“Fundamentally, economic and demographic factors are driving reforms around the world and MAXIMUS is well positioned to assist governments with meeting their program objectives,” Montoni said.
“We see considerable demand for our core services as governments around the world seek solutions to universal social issues, such as access to quality health care and income security through sustainable employment.”
Montoni is quick to point to MAXIMUS’ team as the “lifeblood” of the company, and noted recent decorations for CFO David Walker and the emergence of Bruce Caswell, president and general manager of the Health Services operation, as a “much sought-after speaker and subject matter expert on health insurance exchanges,” as two examples.
“Our team is compassionate, hard-working, experienced and knowledgeable, and their contributions often spark innovation, develop and refine our technology, and ultimately drive exceptional performance for the organization.”
|Maximus Unit Lands Spot on UK Govt Employment, Health Services Framework; Richard Montoni Comments||Jan 13, 2017|
|Maximus Plans New Hampton, VA Customer Support Center; Richard Montoni Comments||Nov 16, 2016|
|Maximus' Laura Rosenak Receives WICSEC Child Support Leadership Honorary Lifetime Award; Richard Montoni Comments||Oct 17, 2016|
|Richard Montoni: Maximus’ Laura Rosenak Gets WICSEC Honorary Lifetime Award for Child Support Leadership||Oct 13, 2016|
|Maximus, Teammates Win DOL Challenge With Visual Career Pathway Prototype; Richard Montoni Comments||Sep 20, 2016|
|Maximus, Teammates Create Visual Career Pathway Prototype for DOL Challenge; Richard Montoni Comments||Sep 19, 2016|
|Maximus Foundation Donates to Florida Disaster Fund to Help Orlando Shooting Victims; Richard Montoni Comments||Aug 01, 2016|
|Richard Montoni: Maximus Foundation's Florida Disaster Fund Donation to Support Victims of Orlando Shooting||Jul 28, 2016|
|RICHARD MONTONI: MAXIMUS’ ASCEND BUY TO SUPPORT PUBLIC HEALTHCARE PROGRAMS||Mar 07, 2016|
|Richard Montoni: Maximus Buys Ascend for Public-Sector Health Services Push||Mar 02, 2016|
|Maximus to Repurchase $200M in Shares; Richard Montoni Comments||Aug 17, 2015|
|Richard Montoni: Maximus Donation to Help Fund SC Youth, Health Programs||Aug 03, 2015|
|Maximus Donates to SC Church Shooting Victim Memorial Fund; Richard Montoni Comments||Jul 30, 2015|
|Richard Montoni: Maximus Project Hope Donation Targets Nepal Medicine Relief||Jun 11, 2015|
|Richard Montoni: Maximus Donates $29K for Nepal Earthquake Relief Efforts in Nepal||Jun 09, 2015|
|MAXIMUS POSTS 10% GAIN FOR Q2 2015; RICHARD MONTONI COMMENTS||May 11, 2015|
|Maximus Reports 9.7% Revenue Hike in 2Q; Richard Montoni Comments||May 08, 2015|
|RICHARD MONTONI: ACENTIA BUY ADDS GROWTH PLATFORMS FOR MAXIMUS’ FED PORTFOLIO||Apr 08, 2015|
|Richard Montoni: Maximus Wraps Up Acentia Purchase||Apr 06, 2015|
|Richard Montoni: Jobactive Contract Win Validates Maximus Commitment to Human Services Work||Apr 01, 2015|
|Richard Montoni: Maximus to Help Manage Australia Employment Services Program||Mar 31, 2015|
|RICHARD MONTONI: MAXIMUS SEEKS TO EXTEND FEDERAL REACH WITH ACENTIA ACQUISITION||Mar 10, 2015|
|Maximus Inks $300M Cash Deal for Acentia in Contract Vehicle Growth Push; Richard Montoni Comments||Mar 09, 2015|
|Maximus Execs to Present at Investment Conference||Feb 25, 2015|
|Richard Montoni Selected To Wash100 List for Leadership in Financial Performance||Feb 23, 2015|
|Richard Montoni, Maximus CEO, Inducted Into Wash100 for Financial Performance Leadership||Feb 06, 2015|
|Richard Montoni: Health, Human Services Contracts Drive Maximus' 15% Revenue Growth in Q1 2015||Feb 06, 2015|
|Richard Montoni: Maximus Eyes Geographic Expansion, Diversity, Partnerships||Jan 22, 2015|
|Richard Montoni: MAXIMUS Delivers UK Work Program to Additional Region||Dec 19, 2014|
|RICHARD MONTONI: MAXIMUS TO EXTEND WORK PROGRAM SERVICE SUPPORT IN UK||Dec 19, 2014|
|RICHARD MONTONI: MAXIMUS REAFFIRMS COMMITMENT TO SERVICE MEMBERS||Nov 26, 2014|
|Richard Montoni, MAXIMUS CEO, Signs Statement of Support for Guard and Reserve Employees||Nov 25, 2014|
|MAXIMUS REPORTS DOUBLE-DIGIT REVENUE, PROFIT UPTICKS FOR FY 2014||Nov 13, 2014|
|MAXIMUS Reports 28% Revenue Hike for FY 2014, 24% Profit Increase; Richard Montoni Comments||Nov 13, 2014|
|Richard Montoni: MAXIMUS to Add Healthcare Workers for UK Benefits Assessment Contract||Oct 30, 2014|
|MAXIMUS to Manage UK Health, Work Service Program; Richard Montoni Comments||Jul 25, 2014|
|Richard Montoni: MAXIMUS' $150M Stock Buyback Plan Wins Board Approval||Jun 24, 2014|
|Richard Montoni: ACA, Medicaid Contracts Increase MAXIMUS' FY 2014 Guidance||May 08, 2014|
|Richard Montoni: Maximus Targets $200M in Annual Revenue From Affordable Care Act Work||Mar 03, 2014|
|Richard Montoni: Health Services Work Drives 'Better Than Expected' 1Q for MAXIMUS||Feb 06, 2014|
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