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April 8, 2024
Teladoc CEO departs the company after stock's 95% fall from 2021 highs
Summary
Teladoc Health announced the immediate departure of its CEO, Jason Gorevic, who has led the company since 2009, including through the challenges of the Covid-19 pandemic. CFO Mala Murthy has been appointed as the interim CEO while the board searches for a permanent replacement. This leadership change comes as the company's stock has seen a significant decline, falling 95% from its 2021 highs.
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