The Oncology Institute Announces Leadership Promotions

The Oncology Institute (NASDAQ: TOI) announced on Jan 9, 2026 the promotions of Rakesh Panda to Chief Information Officer and Nolan Mariano to Chief People Officer.

Rhea-AI Summary

The Oncology Institute (NASDAQ: TOI) announced on Jan 9, 2026 the promotions of Rakesh Panda to Chief Information Officer and Nolan Mariano to Chief People Officer.

Panda brings more than 25 years of IT, digital transformation, cybersecurity, and enterprise software experience, with prior leadership roles at Cisco and Infosys; he will lead TOI’s technology strategy, including AI-enablement and enterprise data privacy and security practices. Mariano, with 18 years in people operations, joined TOI in 2022 and will oversee HR Operations, Total Rewards, Learning and Development, and Talent Acquisition.

CEO Dr. Daniel Virnich said the promotions support TOI’s growth and its focus on technology-enabled, value-based community cancer care.

Argus Jan 9 session

-3.02% close to close Open Argus

Details

News Market Reaction – TOI

In the Jan 9 session, TOI declined 3.02%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights TOI’s focus on strengthening its technology and people leadership, elev...

Analysis

This announcement highlights TOI’s focus on strengthening its technology and people leadership, elevating executives with 25 and 18 years of relevant experience. It follows recent board changes and operational updates, indicating continued attention to governance and execution capabilities. Investors tracking the story may watch how these leaders advance AI-enabled care delivery, data privacy, and talent development, and how that connects to future earnings, guidance, and operational efficiency disclosures.

Key Figures

IT experience: 25 years People operations experience: 18 years TOI join date: 2022 +1 more

IT experience

25 years

Experience of Rakesh Panda in IT and digital transformation

People operations experience

18 years

Experience of Nolan Mariano in People Operations and leadership

TOI join date

2022

Year Nolan Mariano joined TOI

Price change

5.9%

Price change prior to leadership promotions news

Historical Context

5 past events · Latest: Jan 05

5 events

1. Jan 05

   Board appointment

   24h Move

   +6.8%

   New board member with capital markets and healthcare experience.

2. Dec 01

   Board resignation

   24h Move

   -6.4%

   Director resignation and start of search for new independent members.

3. Nov 13

   Earnings and guidance

   24h Move

   -10.2%

   Q3 2025 beat with raised full-year revenue and EBITDA guidance.

4. Nov 13

   AI automation deal

   24h Move

   -10.2%

   AI-enabled authorization workflow promising efficiency gains and cost savings.

5. Oct 22

   Earnings call notice

   24h Move

   +3.0%

   Announcement of Q3 2025 results release date and conference call.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

cybersecurity

1 terms

cybersecurity technical

"experience across IT, digital transformation, cybersecurity, and enterprise software"

Cybersecurity involves protecting computers, networks, and digital information from theft, damage, or unauthorized access. It is essential for safeguarding sensitive data and maintaining trust in digital systems, which matters to investors because strong cybersecurity reduces the risk of costly breaches and disruptions that can impact a company’s performance and reputation. Think of it as locking and safeguarding valuable information much like securing a safe to prevent theft.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Rakesh Panda appointed Chief Information Officer

Nolan Mariano appointed Chief People Officer

CERRITOS, Calif., Jan. 09, 2026 (GLOBE NEWSWIRE) -- The Oncology Institute, Inc. (NASDAQ: TOI) announced today the promotions of Rakesh Panda to Chief Information Officer and Nolan Mariano to Chief People Officer. These promotions reinforce TOI’s continued focus on leading the way in value-based cancer care through further development of our technology-enabled care delivery platform as well as strengthening our mission-oriented culture supported by strong leadership.

Rakesh Panda has more than 25 years of experience across IT, digital transformation, cybersecurity, and enterprise software development, including leadership roles at Cisco and Infosys. Mr. Panda will continue to guide TOI’s technology strategy, including AI-enablement efforts and enterprise-level data privacy and security practices. Nolan Mariano has 18 years of experience in People Operations and organizational leadership across several industries. Mr. Mariano joined TOI in 2022 and, as Chief People Officer, will oversee HR Operations, Total Rewards, Learning and Development, and Talent Acquisition functions.

Dr. Daniel Virnich, Chief Executive Officer at TOI, commented, “I'm extremely pleased to promote two strong internal leaders into key roles at TOI as we continue to experience rapid growth and new ways of driving world-class community-based cancer care for our patients and payor partners.”

About The Oncology Institute

Founded in 2007, The Oncology Institute (NASDAQ: TOI) is advancing oncology by delivering highly specialized, value-based cancer care in the community setting. TOI offers cutting-edge, evidence-based cancer care to a population of approximately 1.9 million patients, including clinical trials, transfusions, and other care delivery models traditionally associated with the most advanced care delivery organizations. With over 180 employed and affiliate clinicians and over 100 clinics and affiliate locations of care across five states and growing, TOI is changing oncology for the better.

Contacts

Media

The Oncology Institute, Inc.
marketing@theoncologyinstitute.com

Investors

ICR Healthcare
TOI@icrhealthcare.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who was promoted at The Oncology Institute (TOI) on January 9, 2026?

Rakesh Panda was promoted to Chief Information Officer and Nolan Mariano to Chief People Officer.

What will Rakesh Panda oversee as TOI Chief Information Officer (TOI)?

He will guide TOI’s technology strategy, including AI-enablement efforts and enterprise data privacy and security practices.

What responsibilities will Nolan Mariano have as Chief People Officer at TOI (NASDAQ: TOI)?

He will oversee HR Operations, Total Rewards, Learning and Development, and Talent Acquisition.

How much experience do the promoted TOI executives have?

Rakesh Panda has over 25 years of IT and cybersecurity experience; Nolan Mariano has 18 years in people operations.

What strategic priorities did TOI link to these promotions on Jan 9, 2026?

The promotions were tied to advancing a technology-enabled care delivery platform and strengthening TOI’s mission-oriented culture during growth.