UPH - UpHealth announces CEO transition plan

As a consequence of business combination with Cloudbreak Health, UpHealth Holdings and UpHealth (NYSE:UPH), the firm notifies that the company is conducting a search for a new CEO. In the interim and through the transition, Dr. Ramesh Balakrishnan will continue in his role and work with the board to ensure a smooth transition until the new CEO takes over. A search for successor is underway and a short list of qualified healthcare executives has emerged, Dr. Katz said. The new leader expected to be announced in the coming weeks. After the new CEO starts, Dr. Balakrishnan will remain with the company in a senior leadership role to be announced in the coming weeks. Shares of UPH are down 2.9% PM.

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UpHealth announces CEO transition plan