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Teladoc Health CFO and COO resigns in the wake of scandal
The company's stock is down around 15 percent since the publication of a report alleging inappropriate sexual and financial misconduct by executive Mark Hirschhorn.
The company's stock is down around 15 percent since the publication of a report alleging inappropriate sexual and financial misconduct by executive Mark Hirschhorn.
An article from the Southern Investigative Research Foundation reported that Teladoc CFO and COO Mark Hirschhorn had an inappropriate sexual relationship with a subordinate and engaged with the employee in insider trading prohibited by the company's internal policies.
Tony Barth had been with the organization for around two decades, according to his LinkedIn. He was appointed as CEO and President of Delta Dental of California in 2016.
Reporters have been aware of athenahealth CEO's flamboyant self, crazy parties, and company conferences and in a way bear some responsibility for ignoring any alleged inappropriate behavior.
This year, more than any other, there was an abundance of women at events surrounding the J.P. Morgan Healthcare conference. While the main event featured a mere 20 total women CEOs, the tone on the outside of the Westin St. Francis hotel was somewhat better than in prior years.