Founder’s Son Heads Safeguard
ANAHEIM — Safeguard Health Enterprises Inc. said Monday it has elected Steven J. Baileys as chairman, succeeding his father, Alvin M. Baileys, a company founder who died last month.
Steven Baileys, 42, succeeded his father in May as chief executive. He owns 18% of the dental managed care company’s common stock. Family trusts and his father’s estate control a separate 18% stake.
Alvin Baileys, who died at 72, was one of three individuals who started the company 21 years ago.
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