---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-042834"
form_type: "8-K"
ticker: "ALHC"
cik: "0001832466"
company_name: "Alignment Healthcare, Inc."
filed_at: "2023-08-15T23:59:59+00:00"
generated_at: "2026-06-11T09:38:24.870359+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Alignment Healthcare CMO Kumar to depart Oct 1; Dr. Furman expands clinical role, $500K base

## Summary
- Dr. Dinesh Kumar, Chief Medical & Operating Officer, to depart Oct 1, 2023 under mutual separation agreement.
- Dr. Donald Furman, Chief Clinical Officer, assumes greater oversight; base salary set at $500,000 with 85% target bonus.
- Kumar receives accelerated vesting of $1,036,000 in equity (based on effective-date share price) plus 65,039 additional RSUs.
- Kumar also eligible for COBRA premium payments for 12 months and pro-rata 2023 bonus; vested options exercisable 90 days after Oct 1.

## SEC filing metadata
- accession: 0000950170-23-042834
- form_type: 8-K
- ticker: ALHC
- cik: 0001832466
- company_name: Alignment Healthcare, Inc.
- filed_at: 2023-08-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1832466/000095017023042834/0000950170-23-042834-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1832466/000095017023042834/alhc-20230809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-042834
- JSON: https://secwatch.observer/filing/0000950170-23-042834.json
- Plain text: https://secwatch.observer/filing/0000950170-23-042834.txt

## Key facts
- Executive change
  Dr. Dinesh Kumar departed as Chief Medical and Operating Officer at Alignment Healthcare, Inc..
  - Action: will no longer serve
  - Role: Chief Medical and Operating Officer
  source text: On August 9, 2023, Alignment Healthcare, Inc. (the "Company") and Dr. Dinesh Kumar reached a mutual agreement of employment separation, pursuant to which Dr. Kumar will no longer serve as the Company’s Chief Medical and Operating Officer, effective as of October 1, 2023 (the “Effective Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1832466/000095017023042834/0000950170-23-042834-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.