OTRK - Ontrak CEO Mayhew to step down Executive Chairman Peizer to fill post
Ontrak (NASDAQ:OTRK) has announced that Jonathan Mayhew will step down as CEO, effective August 12, 2022. Mr. Mayhew cited family health reasons for his departure, but intends to be available to support the Co. through the end of October 2022. Terren Peizer, Founder and Executive Chairman, will take over as CEO upon Mr. Mayhew’s departure. Mr. Peizer was most recently CEO until April 2021 when he became Executive Chairman and will continue to serve as Chairman of the Board of Directors. Brandon LaVerne, current CFO, has been promoted to Co-President and COO. James Park, current Chief Accounting Officer, has been promoted to CFO, reporting to Mr. LaVerne. Mary Lou Osborne, current Chief Customer Officer, has been promoted to Co-President and CCO.
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Ontrak CEO Mayhew to step down Executive Chairman Peizer to fill post