Hims & Hers Appoints Uber Vet Amee Parekh as SVP of Human Resources

Rhea-AI Summary

Hims & Hers Health has appointed Amee Parekh as the new Senior Vice President of Human Resources. With a strong background in scaling high-growth companies, including her previous role at Uber, Parekh is set to enhance Hims & Hers' rapid growth trajectory. The company reported an impressive revenue increase of 83% year-over-year in 2021, totaling $271.9 million, alongside a 95% growth in member subscriptions in Q4 2021. This hire comes amid a series of leadership changes aimed at fostering a robust organizational structure for further expansion.

Positive

• Amee Parekh's appointment is expected to strengthen the company's HR capabilities, catering to ongoing growth.
• The company reported a revenue increase of 83% year-over-year in 2021, reaching $271.9 million.

Negative

• None.

Parekh brings experience scaling high-growth companies & adds to recent leadership appointments as Hims & Hers continues to post strong growth

SAN FRANCISCO--(BUSINESS WIRE)-- Hims & Hers Health, Inc. (“Hims & Hers”, NYSE: HIMS), the multi-specialty telehealth platform focused on providing modern personalized health and wellness experiences to consumers, has appointed Uber veteran Amee Parekh as the company’s Senior Vice President of Human Resources. Parekh brings a background helping high-growth companies scale and is the latest leadership appointment as Hims & Hers continues to post rapid growth.

Amee Parekh, SVP of Human Resources at Hims & Hers (Photo: Business Wire)

Parekh joins Hims & Hers from Uber, where she led human resources for UberEats U.S. and Canada. At Uber, Parekh helped to build career and leadership capabilities at an accelerated pace during a period of rapid growth – a skill set ideally suited to Hims & Hers, which continues to post strong growth. In 2021, Hims & Hers grew revenues by 83% year-over-year to $271.9 million. In Q42021, the company grew member subscriptions by 95% year-over-year to 609,000. Q4 2021 and full year 2021 earnings results can be found here.

Prior to Uber, Parekh was Human Resources Director for Expedia group’s eCommerce Platforms division. Expedia is the parent company of Expedia.com, Hotels.com, vrbo.com, and Orbitz.com. Previously, she held human resources leadership roles at IBM and Laureate Education. She is a contributor to Forbes on Human Resources Practices and an executive on their Human Resources Council. Parekh received her Master’s Degree from Cornell University’s School of Industrial and Labor Relations and undergraduate degree in Computer Engineering from the University of Mumbai, India.

“I am thrilled to be joining the Hims & Hers family and to help build a workplace where people can do the best work of their careers,” said Parekh. “Hims & Hers has been successful because they have been agile and nimble with a strong bias to action, driving towards a new vision for healthcare that is designed for a new generation of consumers. My role will be to nurture this culture, build structure, and enable further growth.”

Parekh is the latest leadership appointment by Hims & Hers, including Chief Financial Officer Yemi Okupe and Senior Vice President of Investor Relations Jay Spitzer.

About Hims & Hers

Hims & Hers is a multi-specialty telehealth platform transforming the way healthcare is delivered. Its digital platform enables access to treatments for a broad range of conditions, including those related to sexual health, hair loss, dermatology, mental health and primary care. Hims & Hers connects patients to licensed healthcare professionals who can prescribe medications when appropriate. Prescriptions are fulfilled online through licensed pharmacies on a subscription basis, making accessing treatments simple, affordable, and straightforward. Through the Hims & Hers mobile app, consumers can access an ever-expanding range of educational programs, wellness content, community support, and other services that promote lifelong health and wellness. Hims & Hers products can also be found in tens of thousands of top retail locations in the United States. Launched in November 2017, Hims & Hers serves the entire United States and select locations in the United Kingdom. The company is publicly traded on the New York Stock Exchange. For more information about Hims & Hers, please visit forhims.com and forhers.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220301005100/en/

Investor Relations

Jay Spitzer

+1 (415) 598-0718

Investors@forhims.com

Media Relations

Press@forhims.com

Source: Hims & Hers Health, Inc.

FAQ

What recent leadership change occurred at Hims & Hers?

Hims & Hers appointed Amee Parekh as the Senior Vice President of Human Resources.

What is Amee Parekh's experience before joining Hims & Hers?

Before joining Hims & Hers, Amee Parekh served as a leader in human resources at Uber and Expedia.

How much did Hims & Hers grow its revenue in 2021?

In 2021, Hims & Hers grew its revenue by 83% year-over-year to $271.9 million.

What was the member subscription growth for Hims & Hers in Q4 2021?

In Q4 2021, Hims & Hers saw a 95% year-over-year increase in member subscriptions, reaching 609,000.

What are the strategic goals for Amee Parekh at Hims & Hers?

Amee Parekh aims to nurture Hims & Hers' culture and build structures to support the company's growth.