Signify Health Appoints Seasoned Tech Executive Arnold Goldberg to Board of Directors

Rhea-AI Summary

Signify Health (NYSE: SGFY) announced the appointment of Arnold Goldberg to its board of directors, serving on the audit committee. Goldberg, previously with PayPal, brings extensive experience in platform architecture and product strategy. His arrival aligns with Signify's mission to drive value-based healthcare transformation. CEO Kyle Armbrester highlighted Goldberg's leadership capability and the potential to enhance technology platforms. This strategic addition aims to improve care outcomes and foster long-term growth in healthcare services.

Positive

• Arnold Goldberg's experience at PayPal may facilitate innovation in Signify's technology platform.
• Goldberg's leadership is expected to strengthen Signify's capabilities in value-based payment programs.

Negative

• Concerns about potential continuity as Goldberg transitions from the tech sector to healthcare.

DALLAS & NEW YORK--(BUSINESS WIRE)-- Signify Health, Inc. (NYSE: SGFY), a leading value-based healthcare platform that leverages advanced analytics, technology and nationwide healthcare provider networks, today announced the appointment of Arnold Goldberg as an independent member of its board of directors, serving on the audit committee. Most recently serving as Senior Vice President, Chief Product Architect and Senior Technologist at PayPal, Mr. Goldberg brings deep knowledge of platform architecture and product strategy to Signify Health, as well as valuable experience leading and scaling teams of technologists for some of the biggest and most groundbreaking technology companies of the past two decades.

Arnold Goldberg joins Signify Health Board of Directors (Photo: Business Wire)

“Arnold is a seasoned engineering and product strategy leader who has helped transform many of the leading technology platforms of recent years,” said Kyle Armbrester, Signify Health CEO. “There is a transformation underway within the healthcare payment and delivery system, and Signify Health aims to be the catalyst in the move toward value-based care. We welcome Arnold as an esteemed member of our board to lend his expertise to our technology platform to facilitate payers, providers, life science companies, and community-based organizations to help more people spend more healthy, happy days at home.”

From 2013 through 2021, Mr. Goldberg served in various executive and leadership positions at PayPal Holdings, Inc., most recently as Senior Vice President, Chief Product Architect and Senior Technologist. From 2001 through 2012, Mr. Goldberg served in various senior engineering positions at Box, Inc. (2009-2012), LinkedIn Corporation (2008-2009) and eBay Inc. (2001-2008). Since 2013, Mr. Goldberg has served on the Advisory Board of the University of Florida, College of Engineering. He currently serves on the Boards of inXpress and MarketNation. Mr. Goldberg holds a Bachelor of Science in Computer Engineering from the University of Florida.

The addition of Mr. Goldberg to the Board aligns with Signify Health’s focus on leveraging the power of its platform to address the factors that are critical to success in value-based payment programs.

“Signify Health’s large and diverse base of customers offers a unique opportunity to build software, analytics and decision support tools to drive better outcomes across the continuum of care,” said Mr. Goldberg. “I look forward to helping Signify Health as it continues to build out its advanced analytics and technology-enabled services and launch new innovative programs that will foster long-term growth and impact on the healthcare system.”

About Signify Health

Signify Health is a leading healthcare platform that leverages advanced analytics, technology, and nationwide healthcare provider networks to create and power value-based payment programs. Our mission is to transform how care is paid for and delivered so that people can enjoy more healthy, happy days at home. Our solutions support value-based payment programs by aligning financial incentives around outcomes, providing tools to health plans and healthcare organizations designed to assess and manage risk and identify actionable opportunities for improved patient outcomes, coordination and cost-savings. Through our platform, we coordinate what we believe is a holistic suite of clinical, social, and behavioral services to address an individual’s healthcare needs and prevent adverse events that drive excess cost, all while shifting services towards the home. For more information on how we are taking health homeward, visit us at signifyhealth.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210825005589/en/

Investor Contact:

Jennifer W. DiBerardino

Head of Investor Relations and Treasurer

investor.relations@signifyhealth.com



Media Contact:

Lynn Shepherd

Vice President of Communications

lshepherd@signifyhealth.com

Source: Signify Health

FAQ

Who is Arnold Goldberg in relation to Signify Health?

Arnold Goldberg has been appointed as an independent board member of Signify Health.

What experience does Arnold Goldberg bring to Signify Health?

Goldberg brings extensive experience in platform architecture and product strategy, having served in executive roles at PayPal and other major tech companies.

What impact will Arnold Goldberg have on Signify Health?

Goldberg's appointment aims to leverage his expertise to enhance Signify Health's technology platform and support its value-based care initiatives.

When was Arnold Goldberg appointed to Signify Health's board?

Arnold Goldberg was appointed to the Signify Health board on August 25, 2021.

What is Signify Health's focus in the healthcare sector?

Signify Health focuses on transforming healthcare delivery and payment systems towards value-based care.