Amwell co-CEO Roy Schoenberg becomes Executive Vice Chairman; Ido Schoenberg sole CEO

American Well Corp

Roy Schoenberg resigned as President & Co-CEO effective June 13, 2024, appointed Executive Vice Chairman.
Ido Schoenberg assumes role of sole Chief Executive Officer.
Roy Schoenberg receives $325k base salary, 150% target bonus, and $1.95M transition benefits with equity acceleration (excluding PSUs).
Non-competition and non-solicitation restrictions apply for 24 months post-termination.
Resignation involved no disagreement with company operations, policies, or practices.

item 1.01 item 5.02 item 9.01

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Role change

Roy Schoenberg

Executive Vice Chairman

AMWL · American Well Corp

Effective: 2024-06-13
Filed: June 13, 2024, 7:59 PM ET

Dr. Roy Schoenberg resigned as the President & Co-Chief Executive Officer of American Well Corporation (the “Company”), effective June 13, 2024. Dr. Schoenberg’s decision to resign was related to his appointment as our Executive Vice Chairman

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Roy Schoenberg was appointed as Executive Vice Chairman at American Well Corp.

Action: appointed
Role: Executive Vice Chairman

Exact text from the filing

Dr. Roy Schoenberg resigned as the President & Co-Chief Executive Officer of American Well Corporation (the “Company”), effective June 13, 2024. Dr. Schoenberg’s decision to resign was related to his appointment as our Executive Vice Chairman

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American Well Corp filing history →

Source: SEC EDGAR

accession 0000950170-24-073146

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