leadership
confidence high
sentiment neutral
materiality 0.65
Amwell CFO Mark Hirschhorn adds COO role; two senior executives depart
American Well Corp
- Hirschhorn to serve as both CFO and COO effective Jan. 1, 2025; salary increased to $575,000, bonus target 125%.
- Kathy Weiler (Chief Commercial & Growth Officer) to depart Dec. 31, 2024; will receive 2024 target bonus in lump sum.
- COO Kurt Knight also departing at year-end after 14-year tenure; no separation details provided.
- Hirschhorn's 2024 annual bonus set at $500,000 per amendment filed.
- Company reiterates confidence in path to cash flow positive in 2026.