Privia Health Announces Change to its Board of Directors
Privia Health Group, Inc. (Nasdaq: PRVA) announced the resignation of Jeff Butler from its Board of Directors and Compliance Committee, effective immediately.
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Rhea-AI Summary
Privia Health Group, Inc. (Nasdaq: PRVA) announced the resignation of Jeff Butler from its Board of Directors and Compliance Committee, effective immediately. Butler, a co-founder, stated his decision stems from confidence in the company's strength after 15 years. CEO Shawn Morris expressed gratitude for Butler's dedication and service. Privia Health is a technology-driven physician enablement company focused on optimizing healthcare delivery and improving patient experiences through innovative solutions.
Positive
- Jeff Butler's resignation marks a strategic transition, potentially allowing new leadership to innovate.
- The company is positioned for continued growth and success, as stated by Butler.
Negative
- Possible concerns regarding continuity in the Board amidst leadership changes.
Details
News Market Reaction – PRVA
The recorded move for PRVA in the trading session of this news was -1.56%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ARLINGTON, Va., Nov. 15, 2022 (GLOBE NEWSWIRE) -- Privia Health Group, Inc. (Nasdaq: PRVA) today announced that Jeff Butler has resigned from the Company’s Board of Directors and as a member of the Compliance Committee of the Board, effective immediately. Mr. Butler’s resignation was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.
Mr. Butler commented, “After 15 years since founding Privia Health, I am confident the Company is in a position of strength, and so I believe now is a great time for me to step back and allow the team to continue to build on Privia’s success.”
Shawn Morris, Chief Executive Officer, Privia Health, said, “On behalf of the employees and Board of Privia Health, I would like to thank Jeff for his many years of dedicated service and passion as a founder, CEO and Board member. We wish him the very best.”
About Privia Health
Privia Health™ is a technology-driven, national physician enablement company that collaborates with medical groups, health plans, and health systems to optimize physician practices, improve patient experiences, and reward doctors for delivering high-value care in both in-person and virtual settings. Privia Health’s platform is led by top industry talent and exceptional physician leadership, and consists of scalable operations and end-to-end, cloud-based technology that reduces unnecessary healthcare costs, achieves better outcomes, and improves the health of patients and the well-being of providers.
Contact:
Robert P. Borchert
SVP, Investor & Corporate Communications
IR@priviahealth.com
priviapress@priviahealth.com
817.783.4841
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