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GoHealth Announces Search for New Chief Financial Officer; Announces New Role for Current CFO

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GoHealth, Inc. (GOCO) announced a search for a new Chief Financial Officer (CFO) as current CFO Travis Matthiesen transitions to Chief Transformation Officer. Matthiesen will remain CFO until a replacement is found, ensuring a smooth handover. CEO Clint Jones expressed gratitude for Matthiesen's contributions over the last decade and emphasized the need for a CFO with broader public company experience to enhance shareholder value. GoHealth, a leader in the health insurance marketplace, aims to simplify healthcare access for customers.

Positive
  • Travis Matthiesen has served as CFO for a decade, indicating stable leadership.
  • Management is actively seeking a CFO with broader public company experience, potentially enhancing strategic direction.
Negative
  • The transition period may create uncertainty among investors regarding financial oversight.
  • The need for a new CFO may indicate existing leadership gaps in financial expertise.

CHICAGO, Oct. 20, 2021 /PRNewswire/ -- GoHealth, Inc. (GoHealth) (NASDAQ: GOCO), a leading health insurance marketplace and Medicare-focused digital health company, announced today that it has started a search for a new Chief Financial Officer (CFO) as Travis Matthiesen, the Company's current CFO, will transition to the role of Chief Transformation Officer. Matthiesen will continue to serve as CFO until his replacement is hired and will work closely with that replacement to ensure a smooth transition.

"Travis has been an integral part of our growth and success for the past 10 years and we thank him for everything he has done," said Clint Jones, co-founder and Chief Executive Officer at GoHealth. "As we continue to drive shareholder value as a publicly traded company, the time is right for us to add a more broadly experienced public company CFO to our leadership team." Jones continued, "I am pleased Travis will remain with GoHealth to help lead efficiency efforts as our Chief Transformation Officer."

About GoHealth, Inc.:

As a leading health insurance marketplace and Medicare-focused digital health company, GoHealth's mission is to improve access to healthcare in America. Enrolling in a health insurance plan can be confusing for customers, and the seemingly small differences between plans can lead to significant out-of-pocket costs or lack of access to critical medicines and even providers. GoHealth combines cutting-edge technology, data science and deep industry expertise to match customers with the healthcare policy and carrier that is right for them. Since its inception, GoHealth has enrolled millions of people in Medicare plans and individual and family plans. For more information, visit https://www.gohealth.com.

Contacts:      

Media Relations, pressinquiries@gohealth.com 
Investor Relations, IR@gohealth.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/gohealth-announces-search-for-new-chief-financial-officer-announces-new-role-for-current-cfo-301405083.html

SOURCE GoHealth, Inc.

FAQ

Why is GoHealth searching for a new CFO?

GoHealth is seeking a new CFO as Travis Matthiesen transitions to Chief Transformation Officer, aiming to enhance leadership experience.

Who is currently the CFO of GoHealth?

Travis Matthiesen is the current CFO of GoHealth and will remain in the role until a replacement is hired.

What is the importance of the CFO transition for GoHealth?

The CFO transition is critical for ensuring effective financial leadership and enhancing shareholder value in the company.

What position will Travis Matthiesen hold after the CFO transition?

After the transition, Travis Matthiesen will assume the role of Chief Transformation Officer.

GoHealth, Inc.

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