An announcement from Teladoc ( (TDOC) ) is now available.
Michael Waters, Teladoc Health’s COO, has resigned due to changes in the executive structure, effective December 31, 2024. Despite his departure, the company appreciates his contributions and has arranged a compensation package for him. This includes nine months of his base salary, COBRA premiums, any earned bonuses for 2024, and accelerated vesting of equity awards. In return, Waters will stay with the company until the end of the year, sign a separation agreement, and adhere to a nine-month non-compete clause.
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