- After about eight months in the position
- Lee Bienstock taking over
(exechange) — New York, September 15, 2023 — Anthony Capone, chief executive of DocGo, leaves his position. As announced by DocGo Inc. in a regulatory filing published on Friday, September 15, 2023, Anthony Capone leaves his post as chief executive officer at the provider of mobile medical services and transportation, after about eight months in the role, effective immediately.
Generally speaking, it raises questions when a CEO leaves his post abruptly and after a short tenure.
Anthony Capone’s duties as CEO will be taken over by Lee Bienstock, most recently President and Chief Operating Officer at DocGo Inc.
The position of President and Chief Operating Officer will remain vacant.
“Personal reasons”
The management change is explained as follows. DocGo stated: “On September 15, 2023, effective immediately, Anthony Capone resigned as the Chief Executive Officer of DocGo Inc. (the “Company”) and from all other positions with the Company due to personal reasons.”
Precise information regarding Anthony Capone’s future plans was not immediately available.
Share price decline since January 2023
The announcement follows a decline in DocGo Inc.’s share price of 13% since January 2023. January 2023 is the month in which Capone’s tenure as CEO began.
In the position of CEO since 2023
Anthony Capone became CEO of the Company in 2023.
Capone has served as the Company’s Chief Executive Officer since January 2023.
He previously served as the Company’s President from November 2021 to December 2022, during which time, he was an operational lead for the Company’s COVID-19 response across the U.S., including the Company’s work with FEMA’s New York State COVID-19 deployment.
Capone previously served as Amblunz’s President, Chief Technology Officer and Chief Product Officer from 2017 until the Company’s Business Combination.
Prior to Ambulnz, Capone served as the Chief Executive Officer, Chief Technology Officer and Head of Sales at Fundbase, an investment platform, from 2015 to 2017.
From 2011 to 2013, Capone served as the lead software engineer at Constant Contact, Inc., an online marketing company.
Capone also founded the largest free developer conference in the U.S., Engineers4Engineers.
No statement by Anthony Capone
The announcement of his departure as CEO does not include a statement by Anthony Capone.
Push-out Score for Anthony Capone’s move determined
The Push-out Score indicates on a scale of 0 to 10 how likely it is that Anthony Capone was pushed out or felt pressure to leave his position.
exechange reached out to DocGo and offered the company the opportunity to comment on the score.
Read the full story in the exechange report 38.2023 ($).