Michael F. Walsh, President and CEO
Dani V. Fjelstad, EVP, Finance and Business Development, and CFO
Mark A. Moksnes, EVP, Sales and Marketing
Norman C. Storbakken, EVP, Operations
A native of County Mayo, Ireland, Mike Walsh moved to the United States in 1971 and rapidly established himself in the health insurance industry.
In 1987 he was named President and CEO of the DeCare organization. Under his tenure, the revenue managed by DeCare Dental has grown from $57 million to more than $1 billion today. The number of people served by the organization has increased from 600,000 to more than 4.6 million individuals in 22,000 employer groups worldwide.
Walsh orchestrated DeCare’s partnership with the nation’s largest health insurer, WellPoint, Inc., which purchased DeCare Dental in April 2009.
Walsh was recently appointed to head WellPoint’s national dental business. He also remains President and CEO of DeCare Dental, which continues to implement its expansion strategy as a wholly owned subsidiary of WellPoint.
As the executive vice president for finance and business development, and CFO at DeCare Dental, Fjelstad has lead responsibility for the underwriting, analytics, actuarial, accounting and finance departments, and DeCare Systems Ireland, DeCare's software development company in Cork, Ireland. Fjelstad spent nine years with KPMG Peat Marwick's Minneapolis office where he specialized in the health care industry. He is a Certified Public Accountant and a 1996 graduate of the Harvard Business School Program for Management Development. Fjelstad has been affiliated with DeCare Dental since 1989.
Moksnes has about 25 years experience in dental benefit sales, marketing, product development and joint venture implementation, both on a local and national basis. He also participates and consults nationally on the implementation and servicing of multi-state customers, joint venture agreements and product introduction strategies. Moksnes received an M.B.A. from the University of St. Thomas in Minneapolis and is a graduate of the Harvard Business School Program for Management Development. Moksnes has been affiliated with DeCare Dental since 1978.
As the executive vice president of operations, Storbakken oversees all operations and leads all information technology development at DeCare Dental. Storbakken has extensive experience in the U.S. health insurance industry having served as vice president of Medica, chief financial officer and group vice president at Blue Cross and Blue Shield of Minnesota and as CEO of insurance companies in Minnesota and Texas. Storbakken graduated from the University of North Dakota, Grand Forks, with a Bachelor of Arts in Accounting. He also received a Strategic Planning Certificate from the Harvard Business School and graduated from the Advanced Leadership Program at the Carlson School of Management, University of Minnesota.
Michael F. Walsh, President and CEO
Dani V. Fjelstad, EVP, Finance and Business Development, and CFO
Mark A. Moksnes, EVP, Sales and Marketing
Norman C. Storbakken, EVP, Operations