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Teladoc CEO Jason Gorevic just recently filed a letter with the Securities and Exchange Commission detailing that four of Livongos C-suite executives will be leaving after the two companies merger is settled.
Telehealth company Teladoc on Aug. 5 revealed its merger with Livongo, a customer health business that offers digital health services to patients with persistent conditions and behavioral health needs. The $18.5 billion offer is anticipated to close throughout the 4th quarter.
The letter, submitted Oct. 15, said that Livongo CEO Zane Burke and President Jennifer Schneider, MD, will leave the company, as well as its CFO, Lee Shapiro, and senior vice president of service development, Steve Schwartz.
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The filing recommends Livongo Executive Chair Glen Tullman will keep his seat on the combined companys board of directors.
Katie Adams –
Wednesday, October 21st, 2020