- Push-out Score determined
- After seven years in the position
- Anthony Capone taking over
- Vashovsky said 73 words
(exechange) — New York, November 7, 2022 — Stan Vashovsky, chief executive of DocGo, leaves his position. As announced by DocGo Inc. in a news release and in a regulatory filing published on Monday, November 7, 2022, Stan Vashovsky leaves his post as chief executive officer at the provider of last-mile mobile health services, after seven years in the role, effective December 31, 2022.
Stan Vashovsky’s duties as CEO will be taken over by Anthony Capone, currently President at DocGo Inc.
No reason given
In the announcement, DocGo did not explicitly explain the reason for the move.
Precise information regarding Stan Vashovsky’s future plans was not immediately available.
DocGo said: “Co-founder and Chief Executive Officer Stan Vashovsky will be retiring effective December 31st.”
DocGo further said: “On November 6, 2022, Stan Vashovsky notified the Board of Directors of the Company (the “Board”) that he intends to retire from the Company and step down as the Company’s Chief Executive Officer, director and Chairman of the Board, effective as of December 31, 2022.”
Share price decline since November 2021
The announcement follows a decline in DocGo Inc.’s share price of 17% since November 2021.
In the position of CEO since 2015
Stan Vashovsky became CEO of the Company in 2015.
Vashovsky has served as the Company’s Chief Executive Officer and Chairman of the Board since November 2021.
He previously co-founded and served as the Chief Executive Officer and Chairman of the board of directors of Ambulnz since its inception in 2015 until the Company’s Business Combination.
Prior to Ambulnz, Vashovsky served as Chairman of the board of directors and Chief Executive Officer of Health Systems Solutions, a technology and services company, until its sale to a private equity firm in 2011.
Vashovsky founded Medcare, a medical technology company, and served as its Chief Executive Officer and Founder until its acquisition by Philips Healthcare, a healthcare company, in 2005.
After its acquisition, he served as Vice President of Software Innovation at Philips Healthcare from 2001 to 2007.
Push-out Score determined
The Push-out Score™ determined by exechange gauges the pressure surrounding Stan Vashovsky’s move on a scale of 0 to 10.
exechange reached out to DocGo and offered the company the opportunity to comment on the score.
Read the full story in the exechange report 46.2022 ($).