leadership
confidence high
sentiment neutral
materiality 0.70
OptimizeRx CEO William Febbo to step down Dec 31; President Stephen Silvestro named interim CEO
OptimizeRx Corp
- CEO William Febbo departs effective Dec 31, 2024; will provide advisory services through March 2025.
- Board appoints President Stephen Silvestro as interim CEO; search for permanent CEO initiated.
- Company reaffirms FY2024 guidance; expects revenue and adjusted EBITDA at higher end of range.
- Febbo had been CEO for nearly nine years; board expresses gratitude and confidence in team.
- Silvestro joined OptimizeRx in 2019, became President in October 2023; previously Chief Commercial Officer.