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DarioHealth (DRIO) just unveiled an update.
Steven Nelson has been appointed as the new Chief Commercial Officer of DarioHealth Corp. by its Board of Directors, effective June 5, 2024. Bringing a rich background from health and marketing sectors, including leadership at Contigo Health and Highmark Inc., Nelson is set to earn a $400,000 annual salary, with potential bonuses matching his salary based on performance targets. He’s also been granted stock options that vest over three years, dependent on the company’s revenue achievements. This strategic move comes shortly after the mutually agreed departure of Richard Anderson, the former President, who will continue to consult for the company.
See more insights into DRIO stock on TipRanks’ Stock Analysis page.