Mark Templeton Appointed to Health Catalyst Board of Directors

Rhea-AI Summary

Health Catalyst (HCAT) announced the appointment of Mark Templeton to its Board and the nominating and corporate governance committee, effective June 15, 2020. Templeton, former CEO of DigitalOcean, replaces Promod Haque after his term concludes at the annual stockholders meeting on June 12, 2020. Templeton brings over 20 years of experience, including 14 years as Citrix's CEO, where he significantly expanded the company. Dan Burton, CEO of Health Catalyst, expressed confidence in Templeton's capabilities to drive growth and support the company's mission to improve healthcare through data-informed decisions.

Positive

• Appointment of Mark Templeton to the Board, bringing extensive experience in organizational growth and innovation.
• Dan Burton, CEO, emphasized Templeton's potential to drive significant growth and scale for Health Catalyst.

Negative

• Transition period may lead to potential disruptions as new leadership is integrated.

SALT LAKE CITY, May 12, 2020 (GLOBE NEWSWIRE) -- The board of directors (the “Board”) of Health Catalyst, Inc. ("Health Catalyst,” Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, named Mark Templeton to its Board and its nominating and corporate governance committee, effective June 15, 2020. Mr. Templeton was appointed to fill an upcoming vacancy after Promod Haque’s current term expires at Health Catalyst’s 2020 annual meeting of its stockholders on June 12, 2020. Mr. Templeton will serve until Health Catalyst’s 2022 annual meeting of its stockholders.

“We are honored to add Mark Templeton to our Board to enhance Health Catalyst’s ability to continue to achieve our mission to be the catalyst for massive, measurable, data-informed healthcare improvement,” said Dan Burton, CEO of Health Catalyst.

Mr. Templeton, most recently CEO of DigitalOcean, spent 20 years of his career at Citrix Systems, Inc., with 14 years as President and CEO after serving as Vice President of Marketing. During his tenure, he led the vision for a software-defined virtual workplace to enable new ways for business and people to work together from anywhere. He also helped nurture a unique culture through the emphasis of core values of conviction, humility, integrity and respect. With these efforts, the company transformed from a $15 million organization with one product, one customer segment and one go-to-market path, to a global enterprise with annual revenues of more than $3B and 100 million users worldwide.

“I have always been inspired by mission-driven companies and believe they outperform and out-innovate their peers,” said Mr. Templeton. “I greatly respect all that Health Catalyst has accomplished, including the nurturing of its passionate, engaged culture, which has been such an important contributor to its success. Health Catalyst has tremendous potential to drive the next wave of transformative change across the healthcare industry by enabling meaningful, data-informed healthcare improvements. I look forward to lending my perspectives and expertise to support the Board and the Health Catalyst team in the journey to grow and scale.”

“Mark’s tremendous depth of experience transforming and growing an organization through both the innovation of an extensive product portfolio and dramatic global expansion will be greatly valued by our Board. His world-class expertise in leading scalable growth will be invaluable in coming the months and years,” Mr. Burton said.

About Health Catalyst
Health Catalyst is a leading provider of data and analytics technology and services to healthcare organizations, and is committed to being the catalyst for massive, measurable, data-informed healthcare improvement. Its customers leverage the cloud-based data platform-powered by data from more than 100 million patient records and encompassing trillions of facts—as well as its analytics software and professional services expertise to make data-informed decisions and realize measurable clinical, financial, and operational improvements. Health Catalyst envisions a future in which all healthcare decisions are data informed.

Health Catalyst Media Contact:
Kristen Berry
Senior Vice President, Public Relations
+1 (617) 234-4123
healthcatalyst@we-worldwide.com

FAQ

What is the significance of Mark Templeton's appointment to Health Catalyst's Board?

Mark Templeton's appointment is significant as he brings a wealth of experience in organizational growth and innovation, expected to support Health Catalyst's mission and drive business expansion.

When will Mark Templeton officially start serving on Health Catalyst's Board?

Mark Templeton will officially start serving on Health Catalyst's Board on June 15, 2020.

Who is replacing Promod Haque on the Board of Health Catalyst?

Mark Templeton is replacing Promod Haque on the Board of Health Catalyst after Haque's term expires on June 12, 2020.

How long will Mark Templeton serve on Health Catalyst's Board?

Mark Templeton will serve on Health Catalyst's Board until the 2022 annual meeting of stockholders.

What role did Mark Templeton have before joining Health Catalyst?

Before joining Health Catalyst, Mark Templeton was the CEO of DigitalOcean and previously served as President and CEO of Citrix Systems.