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athenahealth Initiates Process to Explore Strategic Alternatives, Including Search for New Chief Executive Officer

Source athenahealth, Inc.
Published Date 6/6/2018
Jonathan Bush Steps Down as President, CEO and Director of athenahealth; Jeff Immelt Appointed Executive Chairman; CFO Marc Levine to Assume Additional Operational Responsibilities; Board Member Dr. Amy Abernethy to Advise Executive Leadership Team on Data Strategy

athenahealth, Inc. (NASDAQ: ATHN), a leading provider of network-enabled services for hospital and ambulatory customers nationwide, today announced that its Board of Directors has initiated a process to explore strategic alternatives. As part of this process, the Board will consider a sale, merger or other transaction involving the Company as well as continuing as an independent company. In addition, the Company announced that Jonathan Bush has stepped down as President, Chief Executive Officer and as a member of the athenahealth Board, effective immediately. Accordingly, in parallel to having discussions with third parties regarding a potential business combination, the athenahealth Board has initiated a search process to identify qualified CEO candidates. The Board's strategic exploration process is designed to maximize shareholder value and better position athenahealth to capitalize on its premier healthcare technology platform. ...
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Featured Companies
athenahealth, Inc.
Watertown, MA
 

Company Representatives Featured
Amy Abernethy
[Board Member]
athenahealth, Inc.
 
Jonathan Bush
[Chairman and CEO]
athenahealth, Inc.
 
Victoria Gavaza
[Media Contact]
athenahealth, Inc.
Media Contact
 
Jeff Immelt
[Executive Chairman]
athenahealth, Inc.
 
Marc Levine
[Chief Financial Officer]
athenahealth, Inc.
 
Dana Quattrochi
[Director of Investor Relations]
athenahealth, Inc.
 
 
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