• After almost 15 years in the position
• Praise and thanks for Gorevic
• Mala Murthy taking over temporarily
• Search for a successor

(exechange) — Purchase, New York, April 5, 2024 — Jason Gorevic, chief executive of Teladoc, leaves his position. As announced by Teladoc Health Inc. in a news release on Friday, April 5, 2024, Jason Gorevic leaves his post as chief executive officer at the virtual health care company, after almost 15 years in the role, effective immediately.

Generally speaking, it raises questions when a CEO leaves his post abruptly.

Teladoc will undertake a search for a successor.

Jason Gorevic’s duties as CEO will be taken over temporarily by Mala Murthy, previously Chief Financial Officer at Teladoc Health Inc., as acting Chief Executive Officer.

No reason given

In the announcement, Teladoc did not explicitly explain the reason for the move.

Precise information regarding Jason Gorevic’s future plans was not immediately available.

“Departing”

Teladoc said: “Jason Gorevic is departing the company, effective immediately.”

Share price decline since April 2021

The announcement follows a decline in Teladoc Health Inc.’s share price of 92% since April 2021.

In the position of CEO since 2009

Jason Gorevic became CEO of the Company in 2009.

His bio reads as follows:

CAREER HIGHLIGHTS

TELADOC HEALTH, INC.

• Chief Executive Officer and Director (June 2009 to present)

WELLPOINT, INC. (now ELEVANCE HEALTH)

• Chief Marketing and Product Officer (2007 to 2008)
• President, Empire BlueCross BlueShield (2005 to 2006)

EMPIRE BLUECROSS BLUESHIELD

• Chief Sales and Marketing Officer (2002 to 2005)

GEMFINITY, an electronic marketplace and purchasing aggregator

• Founder and Chief Executive Officer (2000 to 2001)

MAIL.COM, INC., a provider of internet messaging services

• General Manager of Business Messaging (1999 to 2000)
• Vice President of Operations (1998 to 1999)

OXFORD HEALTH PLANS, INC.

• Served in a variety of leadership positions in marketing, medical management and operations, as well as Director of Service Strategy (1993 to 1998)

OTHER CURRENT PUBLIC COMPANY BOARDS

• Kemper Corporation

EDUCATION

• B.A. in International Relations, University of Pennsylvania.

No statement by Jason Gorevic

In the release announcing his departure as CEO of Teladoc Health Inc., Jason Gorevic received praise and thanks.

The announcement of his departure as CEO does not include a statement by Jason Gorevic.

The above text is an excerpt from the exechange report 15.2024 ($), publication date April 8, 2024.