Catalyst Health Solutions has named Rick Bates, currently executive vice president, as its new president and COO.

In his new role as president and COO, Mr Bates will be responsible for managing overall operations, driving client retention, leading business development efforts, and delivering new products and services.

In conjunction, the company has also named Nick Grujich, currently executive vice president and COO, as the new executive vice president of strategic business operations.

Mr Grujich in his new position will lead the company’s strategic operating business units and drive product expansion through strategic acquisitions.

David Blair, CEO of Catalyst, said: “These key organizational changes position the company to continue its growth through product innovation, strategic acquisitions and superior client services.

Catalyst already has a strong leadership team and I have great confidence that, in their new and expanded roles, Rick and Nick will direct our organization to move quickly and capitalize on the opportunities emerging from a rapidly changing marketplace.”