Teladoc CEO Jason Gorevic departs; CFO Mala Murthy named acting CEO

Teladoc Health, Inc.

Jason Gorevic departs immediately; Board retains search firm for permanent successor.
CFO Mala Murthy appointed acting CEO, retains CFO role; base salary raised to $750k, target bonus 120%, additional equity $1.1M.
Company reaffirms Q1 2024 and full-year 2024 guidance, consistent with Feb 20 earnings release.
Gorevic eligible for separation benefits per employment agreement subject to release.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed (interim)

Mala Murthy

acting Chief Executive Officer

TDOC · Teladoc Health, Inc.

Effective: 2024-04-05
Filed: April 5, 2024, 7:59 PM ET

Teladoc Health announced the appointment of Mala Murthy to the position of acting Chief Executive Officer of the Company, effective immediately.

Departed

Jason Gorevic

Chief Executive Officer

TDOC · Teladoc Health, Inc.

Effective: 2024-04-05
Successor: Mala Murthy
Filed: April 5, 2024, 7:59 PM ET

replacing Jason Gorevic, who will also depart from the Board of Directors of the Company as required by his employment agreement.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Teladoc Health, Inc. updated its quarter ended March 31, 2024 guidance (reaffirmed).

Period: quarter ended March 31, 2024
Guidance: reaffirmed
Result: preliminary results

Exact text from the filing

On April 5, 2024, Teladoc Health, Inc. (“Teladoc Health” or the “Company”) announced that it continues to expect its outlook for the quarter ended March 31, 2024 and the year ending December 31, 2024 to be consistent with the outlook ranges disclosed in the Company’s earnings release on February 20, 2024. The financial results for the quarter ended March 31, 2024 are preliminary, unaudited and subject to change

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Mala Murthy was appointed as acting Chief Executive Officer at Teladoc Health, Inc..

Action: appointed
Role: acting Chief Executive Officer

Exact text from the filing

Teladoc Health announced the appointment of Mala Murthy to the position of acting Chief Executive Officer of the Company, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jason Gorevic departed as Chief Executive Officer at Teladoc Health, Inc..

Action: departed
Role: Chief Executive Officer

Exact text from the filing

replacing Jason Gorevic, who will also depart from the Board of Directors of the Company as required by his employment agreement.

View on SEC.gov

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Teladoc Health, Inc. filing history →

Source: SEC EDGAR

accession 0001477449-24-000083

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