LifeStance Names Vaughn Paunovich as Chief Technology Officer
Rhea-AI Summary
LifeStance Health (LFST) has appointed Vaughn Paunovich as its new Chief Technology Officer, effective June 9, 2025. Paunovich, who brings over 25 years of healthcare technology experience, will lead the company's end-to-end technology strategy. He previously served as EVP, Enterprise Platforms at Amwell and held leadership roles at UnitedHealth Group, including CIO of Optum Health.
Paunovich succeeds Pablo Pantaleoni, who is stepping down after joining in 2020 and leading the company's digital transformation efforts. The new CTO will focus on improving patient and clinician experience, increasing access to mental health services, and implementing scalable technologies aligned with LifeStance's mission of delivering virtual and in-person outpatient mental health care.
Positive
- Appointment of experienced healthcare technology executive with 25+ years of experience
- New CTO brings relevant experience from major healthcare companies (Amwell, UnitedHealth Group)
- Planned smooth transition with current CTO to maintain operational continuity
Negative
- Departure of current CTO Pablo Pantaleoni who led digital transformation since 2020
News Market Reaction 1 Alert
On the day this news was published, LFST declined 2.21%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
"Vaughn brings a demonstrated track record of leading high-performing technology teams and delivering digital experiences that improve the patient and provider experience, which aligns perfectly with our mission at LifeStance," said Dave Bourdon, CEO, LifeStance. "As we continue to increase access to our services and deliver care at scale across the country, we believe Vaughn is the right leader to successfully execute on our long-term technology roadmap while ensuring we provide a high-quality experience for our patients and clinicians."
Paunovich is an experienced health care technology executive with over 25 years of experience leading digital transformation initiatives. Most recently, he served as EVP, Enterprise Platforms at Amwell, where he was responsible for leading the product and technology teams as they drove digital transformation for patients, clinicians, payor and provider organizations. Prior to Amwell, Paunovich spent ten years at UnitedHealth Group in a variety of leadership roles including Chief Information Officer of Optum Health, where he led technology and innovation spanning the provider and patient care ecosystem.
"I'm thrilled to join LifeStance and build on the organization's strong momentum to transform how mental health care is delivered in our country," said Paunovich. "I look forward to partnering with LifeStance's exceptional team to advance our digital strategy, improve access to care and build scalable, patient-centered technologies that support our mission to help people lead healthier, more fulfilling lives."
Paunovich replaces Pablo Pantaleoni, who is stepping down from his role. Since joining the company in 2020, Pantaleoni played a pivotal role in LifeStance's digital transformation, with a focus on building an exceptional digital experience for both patients and clinicians. Pantaleoni will work closely with Paunovich to ensure a seamless transition.
ABOUT LIFESTANCE HEALTH
Founded in 2017, LifeStance (NASDAQ: LFST) is reimagining mental health. We are one of the nation's largest providers of virtual and in-person outpatient mental healthcare for children, adolescents and adults experiencing a variety of mental health conditions. Our mission is to help people lead healthier, more fulfilling lives by improving access to trusted, affordable and personalized mental healthcare. LifeStance and its supported practices employ approximately 7,500 psychiatrists, advanced practice nurses, psychologists and therapists and operate across 33 states and more than 550 centers. To learn more, please visit www.LifeStance.com.
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SOURCE LifeStance Health