Definitive Healthcare names Clay Ritchey CEO; Kevin Coop steps down

Definitive Healthcare Corp.

Clay Ritchey named CEO and board member effective Sept 8, 2026; Kevin Coop departed Aug 31, 2026.
Employment terms: $500k base salary, 87.5% target bonus, $4M equity grant (65% time-based, 35% performance-based).
Ritchey previously CEO of Verato (2021-2026), Evariant, and Equinox; brings 25+ years healthcare tech experience.
Coop's departure not due to disagreement; separation agreement to be filed later.
Company cites upcoming AI-powered platform as growth catalyst under new CEO.

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