Bright Health Group COO Jeff Cook to Depart, Effective October 13, 2023
Portfolio Pulse from Benzinga Newsdesk
Bright Health Group's Chief Operating Officer, Jeff Cook, will be leaving the company effective October 13, 2023. His duties will be redistributed among the existing management team. Cook will receive separation benefits as per the company's 2021 Severance Plan.
September 21, 2023 | 11:10 am
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Bright Health Group's COO, Jeff Cook, is leaving the company. His responsibilities will be taken over by the existing management team.
The departure of a key executive like the COO can create uncertainty and potentially disrupt operations in the short term, which may negatively impact the stock price. However, the company has a plan to redistribute his duties among the existing management team, which may mitigate some of the potential negative impact.
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