Centerbridge designees join GoHealth (NASDAQ: GOCO) board as two directors exit
Rhea-AI Filing Summary
GoHealth, Inc. reported several changes to its Board of Directors. On August 19, 2025, the Board appointed Mark Weinsten as a Class II director, with a term running until the 2028 annual stockholders’ meeting. He is a managing director in BRG Corporate Finance and will receive a monthly cash retainer of $25,000, pro-rated for his first partial month, plus reimbursement of certain expenses.
The Board also appointed Bao Truong, a senior managing director at Centerbridge Partners, L.P., as a Class III director with a term expiring at the 2026 annual stockholders’ meeting. He joined the Transformation Committee, Compensation Committee, and Nominating and Corporate Governance Committee and, as a Centerbridge employee, will not receive Board compensation. Both new directors entered into GoHealth’s standard director indemnification agreements, and each was nominated as a Centerbridge designee under a 2020 Stockholders Agreement.
On the same date, Centerbridge designees Jeremy W. Gelber and Abhiraj Modi resigned from the Board. The company stated their resignations did not result from any disagreement regarding operations, policies, or practices.
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FAQ
What Board changes did GoHealth (GOCO) disclose on August 19, 2025?
GoHealth reported that Mark Weinsten was appointed as a Class II director and Bao Truong was appointed as a Class III director, while Jeremy W. Gelber and Abhiraj Modi resigned from the Board on August 19, 2025.
Who is Mark Weinsten and what compensation will he receive from GoHealth (GOCO)?
Mark Weinsten is a managing director at BRG Corporate Finance. As a GoHealth director, he will receive a monthly cash retainer of $25,000, pro-rated for his first partial month, and reimbursement of certain expenses.
Who is Bao Truong and what is his role on GoHealth’s Board?
Bao Truong is a senior managing director at Centerbridge Partners, L.P. He was appointed as a Class III director at GoHealth, with a term expiring at the 2026 annual meeting, and joined the Transformation Committee, Compensation Committee, and Nominating and Corporate Governance Committee.
Will Bao Truong receive Board compensation from GoHealth (GOCO)?
No. As an employee of Centerbridge Partners, L.P., Bao Truong will not receive compensation for his service on GoHealth’s Board.
How are Centerbridge Partners, L.P. and GoHealth (GOCO) connected in this filing?
Both Mark Weinsten and Bao Truong were nominated as designees of Centerbridge under a Stockholders Agreement dated July 15, 2020. Departing directors Jeremy W. Gelber and Abhiraj Modi were also Centerbridge designees.
Did the resignations of Jeremy W. Gelber and Abhiraj Modi involve any disagreement with GoHealth?
No. GoHealth stated that the resignations of Jeremy W. Gelber and Abhiraj Modi were not due to any disagreement concerning the company’s operations, policies, or practices.
What indemnification arrangements apply to GoHealth’s new directors?
GoHealth entered into its standard indemnification agreement for directors with both Mark Weinsten and Bao Truong in connection with their appointments.