WebMD Announces Executive Leadership and Board of Director Changes
PR NEWSWIRE - October 12, 2000 08:01
ATLANTA, Oct 12, 2000 /PRNewswire via COMTEX/ -- WebMD Corporation (Nasdaq: HLTH) announced today that Jeffrey T. Arnold has resigned from his position as Co-Chief Executive Officer of the Company and from the Board of Directors of the Company and that Martin J. Wygod has assumed the position of sole Chief Executive Officer of the Company.
Mr. Arnold said, "In the last two years, we have put together the assets required for WebMD to take a leading role in the evolution of healthcare. Now, the focus is on streamlining the organization and delivering maximum value to shareholders. I am confident that the team in place can successfully lead this effort. I look forward to following the Company's continued success and want to express my gratitude to my partners and colleagues who helped make WebMD possible."
Mr. Wygod stated, "Jeff Arnold's strong leadership and vision enabled the Company, in a very short period of time, to assemble the necessary Internet and healthcare assets to participate in a fundamental change in the healthcare system. It has been a privilege to work closely with Jeff over these last few months."
WebMD also announced the resignation of Jim Clark from its Board of Directors. W. Michael Long, the Chairman of the Board of WebMD, stated, "WebMD, as it exists today, reflects Jim's original vision for facilitating the integration of the Internet into the healthcare field. We thank him for his contributions to the Company and wish him well in his future endeavors."
About WebMD
WebMD provides connectivity and a full suite of services to the healthcare industry that improve administrative efficiencies and clinical effectiveness enabling high-quality patient care. The Company's products and services facilitate information exchange, communication and transactions between the consumer, physician and healthcare institutions. The Company's corporate headquarters are located in Atlanta. |
