P3 Health Partners appoints Dr. Aric Coffman as CEO, replacing Dr. Sherif Abdou effective May 8, 2024

P3 Health Partners Inc.

Dr. Coffman receives $750K base salary, 75% target bonus, and equity awards covering 16.5M shares (12.1M options, 4.4M RSUs).
Outgoing CEO Dr. Abdou becomes Vice Chair of Board and Senior Advisor under consulting agreement for $400K fee through April 2025.
Board adopts 2024 Employment Inducement Incentive Award Plan reserving 16.5M shares for inducement grants.
Dr. Coffman previously CEO of Honest Medical Group; held leadership roles at DaVita Medical Group and Optum.

item 5.02 item 9.01

Executive movements

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

Departed

Sherif Abdou

Chief Executive Officer and President

PIII · P3 Health Partners Inc.

Effective: 2024-05-08
Successor: Aric Coffman
Filed: May 9, 2024, 7:59 PM ET

Dr. Coffman succeeds Sherif Abdou, M.D., who resigned from his positions as Chief Executive Officer and President of the Company effective as of the Effective Time.

Appointed

Aric Coffman

Chief Executive Officer and President

PIII · P3 Health Partners Inc.

Effective: 2024-05-08
Filed: May 9, 2024, 7:59 PM ET

appointed Aric Coffman, M.D. as Chief Executive Officer and President of the Company, effective at 12:00 p.m. Eastern Time on May 8, 2024

Role change

Sherif Abdou

Vice Chairperson of the Board and Senior Advisor

PIII · P3 Health Partners Inc.

Effective: 2024-05-08
Filed: May 9, 2024, 7:59 PM ET

the Board appointed Dr. Abdou as Vice Chairperson of the Board. Dr. Abdou will serve as Senior Advisor to the Company’s board of directors and Chief Executive Officer

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Sherif Abdou resigned as Chief Executive Officer and President at P3 Health Partners Inc..

Action: resigned
Role: Chief Executive Officer and President

Exact text from the filing

Dr. Coffman succeeds Sherif Abdou, M.D., who resigned from his positions as Chief Executive Officer and President of the Company effective as of the Effective Time.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Aric Coffman was appointed as Chief Executive Officer and President at P3 Health Partners Inc..

Action: appointed
Role: Chief Executive Officer and President

Exact text from the filing

appointed Aric Coffman, M.D. as Chief Executive Officer and President of the Company, effective at 12:00 p.m. Eastern Time on May 8, 2024

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.9

Sherif Abdou was appointed as Vice Chairperson of the Board and Senior Advisor at P3 Health Partners Inc..

Action: appointed
Role: Vice Chairperson of the Board and Senior Advisor

Exact text from the filing

the Board appointed Dr. Abdou as Vice Chairperson of the Board. Dr. Abdou will serve as Senior Advisor to the Company’s board of directors and Chief Executive Officer

View on SEC.gov

P3 Health Partners Inc. filing history →

Source: SEC EDGAR

accession 0001628280-24-022303

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