CareCloud names Bonnie Boyer CFO effective October 1
Boyer's agreement provides a $300,000 annual base salary, eligibility for a 30% target bonus and conditional severance terms.
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Rhea-AI Filing Summary
CareCloud, Inc. appointed Bonnie Boyer Chief Financial Officer effective October 1, 2026, succeeding Norman Roth, who will transition from Interim Chief Financial Officer to Advisor to the CEO on that date. Boyer joined CareCloud as Assistant Chief Financial Officer on July 9, 2026, and has more than 15 years of finance leadership experience.
Her employment agreement, effective October 1, provides an annual base salary of $300,000 and eligibility for an annual target bonus equal to 30% of base salary. Termination without cause provides six months of salary continuation and company-paid COBRA premiums; nonrenewal provides six months of base salary as severance. If employment ends in connection with a change of control, salary continuation covers the remainder of the term, but not less than 24 months, at base salary plus target bonus, with COBRA premiums for the same period. These payments require a release of claims and continued compliance with non-competition and non-solicitation obligations. CareCloud stated 2026 revenue guidance of approximately $130 million.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
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| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
The Board of Directors of CareCloud, Inc. (the “Registrant”) has appointed Bonnie Boyer as Chief Financial Officer, effective October 1, 2026. Ms. Boyer currently serves as Assistant Chief Financial Officer and will succeed Norman Roth, the Registrant’s Interim Chief Financial Officer.
Mr. Roth, who also serves as Corporate Controller, will transition to Advisor to the Chief Executive Officer, effective October 1, 2026.
Ms. Boyer, age 39, joined the Registrant on July 9, 2026, as Assistant Chief Financial Officer. Previously, she served as Chief Financial Officer of Guident Corp., an autonomous technology company, beginning in September 2025, where she led IPO readiness initiatives. Before joining Guident, she served as Chief Accounting Officer of Sagent M&C, a mortgage servicing software provider, from October 2024 to September 2025, and as Vice President of Finance from May 2023 to October 2024. From July 2017 to April 2023, she held senior finance roles at KEMET Corporation, which was NYSE-listed before its acquisition by YAGEO Corporation. Earlier in her career, she held external reporting roles at Ryder System, Inc. and worked at KPMG. Ms. Boyer has more than 15 years of finance leadership experience and is a Florida-licensed CPA.
There are no arrangements or understandings between Ms. Boyer and any other person pursuant to which she was appointed as Chief Financial Officer. There are no family relationships between Ms. Boyer and any director or executive officer of the Registrant, and Ms. Boyer has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
On September 28, 2026, the Registrant entered into an executive employment agreement with Ms. Boyer, with an effective date of October 1, 2026. The executive employment agreement is included as Exhibit 10.1 to this report.
Ms. Boyer’s annual base salary will be $300,000 (“Base Salary”), and she will be eligible for an annual target bonus equal to 30% of her Base Salary. If Ms. Boyer’s employment is terminated without cause, she will receive six months of Base Salary continuation and Registrant-paid COBRA premiums for the same period. If the Registrant does not renew the agreement, she will receive six months of Base Salary as severance. If her employment is terminated in connection with a change of control, she will receive salary continuation for the remainder of the term, but not less than 24 months, equal to her Base Salary plus her target bonus, and Registrant-paid COBRA premiums for the same period. These payments are subject to her execution of a release of claims and her continued compliance with her non-competition and non-solicitation obligations. Ms. Boyer will be eligible to participate in benefit plans and programs generally available to other similarly-situated employees of the Registrant.
The foregoing description of the executive employment agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the agreement, which is included as Exhibit 10.1 to this report.
On September 29, 2026, the Registrant issued a press release announcing the leadership transition. The press release is included as Exhibit 99.1 to this report.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
| Exhibit No. | Description | |
| 10.1 | Bonnie Boyer Executive Employment Agreement | |
| 99.1 | Press Release dated September 29, 2026 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
| 2 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CareCloud, Inc. | ||
| Date: September 29, 2026 | By: | /s/ Norman Roth |
| Norman Roth | ||
| Interim Chief Financial Officer and Corporate Controller | ||
| 3 |
Exhibit 99.1
CareCloud Promotes Bonnie Boyer to Chief Financial Officer to Lead the Next Growth Phase
Experienced finance executive and CPA promoted as CareCloud scales its profitable, AI-powered healthcare technology platform; Norman Roth transitions from Interim CFO to Advisor to the CEO
SOMERSET, N.J., September 29, 2026 — CareCloud, Inc. (Nasdaq: CCLD) (“CareCloud” or the “Company”), a leader in AI-powered healthcare technology and revenue cycle management solutions, today announced that its Board of Directors has promoted Bonnie Boyer, MBA, CPA, from Assistant Chief Financial Officer to Chief Financial Officer, effective October 1, 2026.
Ms. Boyer succeeds Norman Roth, who has served as Interim Chief Financial Officer for more than two years, helping guide CareCloud through an important period of financial and operational transformation. Mr. Roth, a twelve-year CareCloud veteran, will continue with the Company as Advisor to the CEO.
“CareCloud has never been better positioned,” said Stephen Snyder, Chief Executive Officer. “We have transformed into a profitable, AI-powered healthcare technology platform, and our next chapter is about accelerating growth. Bonnie brings deep public-company, technology and capital markets experience and is the right CFO to help us capitalize on the opportunities ahead.”
Mr. Snyder continued, “I also want to thank Norm for stepping into the CFO role when CareCloud needed him and successfully guiding us through more than two years of significant transition. Under his financial leadership, CareCloud strengthened its financial position, generated strong cash flow and enters this next chapter with 2026 guidance of approximately $130 million in revenue. We are very pleased that CareCloud will continue to benefit from his experience as Advisor to the CEO.”
Ms. Boyer brings more than 15 years of finance leadership experience spanning public companies, SaaS, capital markets and M&A. She joined CareCloud in July 2026 from Guident Corp., an AI-powered autonomous technology company, where she served as CFO and led its public-company and IPO readiness initiatives. She previously served as Chief Accounting Officer of private-equity-backed Sagent M&C and held senior finance roles at publicly traded KEMET Corporation. She began her career at KPMG and is a Florida-licensed CPA.
“CareCloud offers something rare in healthcare technology: a scaled, profitable platform with strong cash flow and a clean balance sheet, powered by AI technology that is creating new opportunities for growth and operating leverage,” said Ms. Boyer. “I’m excited to help translate those strengths into accelerated growth and long-term shareholder value.”
As CFO, Ms. Boyer will lead CareCloud’s global finance organization and partner with the executive team on growth strategy, capital allocation, strategic opportunities and investor relations.
About CareCloud
CareCloud brings disciplined innovation to the business of healthcare. The Company’s suite of AI and technology-enabled solutions helps healthcare organizations increase financial and operational performance, streamline clinical workflows and improve the patient experience. More than 40,000 providers rely on CareCloud’s solutions and services across revenue cycle management, practice management, electronic health records, patient experience management, business intelligence and digital health.
Follow CareCloud on LinkedIn, X and Facebook.
For additional information, please visit CareCloud’s website at carecloud.com. To listen to video presentations by CareCloud’s management team, read recent press releases and view the latest investor presentation, please visit ir.carecloud.com.
Forward-Looking Statements
This press release contains various forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to anticipated future events, future results of operations or future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “might,” “will,” “shall,” “should,” “could,” “intends,” “expects,” “plans,” “goals,” “projects,” “anticipates,” “believes,” “seeks,” “estimates,” “predicts,” “possible,” “potential,” “target,” or “continue” or the negative of these terms or other comparable terminology.
Forward-looking statements in this press release include, without limitation, statements regarding the anticipated leadership transition, the expected contributions of the Company’s Chief Financial Officer and of Mr. Roth in his advisory role, the Company’s growth strategy, capital allocation, AI initiatives, profitability and long-term shareholder value creation. Our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct.
These forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are only predictions, are uncertain and involve substantial known and unknown risks, uncertainties and other factors which may cause our (or our industry’s) actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements, including without limitation, risks and uncertainties relating to the Company’s ability to manage growth, retain the services of key personnel, successfully execute management transitions, maintain cost-effective global operations, and other important risks and uncertainties referenced and discussed under the heading titled “Risk Factors” in the Company’s filings with the Securities and Exchange Commission.
The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
SOURCE: CareCloud
Company Contact:
Norman Roth
Interim Chief Financial Officer and Corporate Controller
CareCloud, Inc.
nroth@carecloud.com
Investor Contact:
Stephen Snyder
Chief Executive Officer
CareCloud, Inc.
ir@carecloud.com