CUMMING, GA, March 16, 2026 /24-7PressRelease/ -- David B. Chapman has been included in Marquis Who's Who. As in all Marquis Who's Who biographical volumes, individuals profiled are selected on the basis of current reference value. Factors such as position, noteworthy accomplishments, visibility, and prominence in a field are all taken into account during the selection process.
Mr. Chapman has established a distinguished career in the pharmacy benefits management industry, marked by innovation, resilience and a steadfast commitment to transparency. As the chief executive officer of Phoenix Benefits Management since 2020, he has overseen all aspects of the company's operations, including managing insurance deductions, conducting clinical drug reviews and ensuring medication compatibility for patients.
Under Mr. Chapman's leadership, Phoenix Benefits Management has experienced significant growth while maintaining a focus on improving industry practices and upholding transparency with clients regarding services and costs. His expertise in prescription cost savings optimization has enabled the company to save millions of dollars for clients through innovative strategies, all while ensuring members receive comprehensive care and necessary services.
Prior to his current role, Mr. Chapman served as the president of Phoenix Benefits Management from 2011 to 2020. During this period, he was instrumental in founding and building the company without relying on outside equity or bank loans, a rare accomplishment in the industry. This independent approach allowed Phoenix Benefits Management to maintain full control over its direction and values. Mr. Chapman's leadership during this time laid the foundation for the company's reputation as a transparent and client-focused organization.
Earlier in his career, Mr. Chapman held the position of director of business development at a pharmacy benefits manager in Atlanta from 2006 to 2011. In this capacity, he developed key business relationships and gained valuable experience that would later inform his approach at Phoenix Benefits Management.
Mr. Chapman's educational background includes a Master of Business Administration from Baylor University, earned in 2015, following a Bachelor of Business Administration in business and managerial economics from The University of Texas at El Paso, completed in 2005. Additionally, he pursued coursework in business administration and management at Baylor University.
The roots of Mr. Chapman's career can be traced back to his formative years in Dallas, where he was influenced by his father, an engineer at Texas Instruments who co-founded a pharmacy switch company in the late 1990s. Through summer work during high school and college, he gained early exposure to the pharmacy benefits management sector by performing administrative tasks at his father's company. This hands-on experience fostered an understanding of the industry that would shape his future endeavors.
Mr. Chapman attributes much of his success to Phoenix Benefits Management's unwavering commitment to honesty and transparency when engaging with clients and consultants. By providing clear information about services, deliverables and costs — and charging only what is necessary to sustain operations — he has cultivated trust and loyalty among clients. This approach has earned Phoenix Benefits Management recognition as one of the most approachable and client-friendly companies in its field.
Despite significant personal challenges, Mr. Chapman has remained steadfast in both his leadership and personal commitments. In 2020, he was diagnosed with stage three glioma and underwent major surgery followed by more than a year of chemotherapy. Throughout his treatment and recovery, he continued to lead Phoenix Benefits Management while balancing the responsibilities of parenthood and entrepreneurship.
Beyond his professional achievements, Mr. Chapman is actively involved in his community, volunteering as a coach for youth football, basketball and baseball leagues for his children and their peers. He also supports local youth athletics through corporate sponsorships that help keep programs accessible for families. Outside of work, he enjoys coaching youth sports and traveling with his family, and remains committed to supporting the next generation through both his business initiatives and personal involvement in community activities.
Looking ahead, Mr. Chapman remains committed to expanding Phoenix Benefits Management's impact by promoting cost-effective, transparent solutions within the pharmacy benefits management industry. He aims to build greater awareness of this new model while challenging less ethical practices among larger competitors, striving to ensure that self-funded employers benefit from fairer pricing and improved service standards.
About Marquis Who's Who®:
Since 1899, when A. N. Marquis printed the First Edition of Who's Who in America®, Marquis Who's Who® has chronicled the lives of the most accomplished individuals and innovators from every significant field of endeavor, including politics, business, medicine, law, education, art, religion and entertainment. Who's Who in America® remains an essential biographical source for thousands of researchers, journalists, librarians and executive search firms around the world. The suite of Marquis® publications can be viewed at the official Marquis Who's Who® website, www.marquiswhoswho.com.
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