It was announced today by eHealth, Inc. (Nasdaq: EHTH) (eHealth.com), a leading online marketplace for private health insurance, that senior leadership changes had taken place, and that guidance had been reaffirmed for the fiscal year ending December 31, 2023.
eHealth's Chief Operating Officer and Chief Transformation Officer, Roman Rariy, will be departing eHealth at the end of the year after nearly two years of service. Mr. Rariy will be taking on a new role as Chief Executive Officer at a manufacturing company as a new challenge.
In addition to her current Marketing responsibilities, Michelle Barbeau has been elected Chief Revenue Officer effective January 1st, 2024 and will assume the responsibility for Sales, in addition to her current Marketing responsibilities, within the newly formed Revenue Organization.
During Roman's time at eHealth, he focused on mobilizing and driving the execution of our value creation plan, managing our cost transformation, and bringing a keen focus to the company's overall operational excellence.. The remaining major components of our transformation plan were successfully completed by eHealth in 2023, and we are now focusing our efforts on initiatives that will help maintain profitable growth and diversify our business in the future. I would like to wish Roman the best of luck in his new role, said Fran Soistman, Chief Executive Officer and Director of eHealth
I would like to wish Roman the best of luck in his new role, said Fran Soistman, Chief Executive Officer and Director of eHealth
I am pleased to announce that Michelle Barbeau has been appointed as the new Chief Revenue Officer of eHealth as it embarks on a new chapter of growth.. She has been instrumental in driving our success as a result of her leadership and dedication to our customers. The past year, she has played a pivotal role in the transformation of our Marketing organization and the efficiency of our marketing efforts. As a result of Michelle's leadership, eHealth has launched a rebranding strategy in accordance with our core values and future goals," Fran Soistman noted. In addition, I remain confident that eHealth's growth and margin expansion goals will be achieved, and that the company will create meaningful shareholder value in the years to come. I am looking forward to new opportunities to enhance our carrier partnerships and further enhance our customer service.
In addition, I remain confident that eHealth's growth and margin expansion goals will be achieved, and that the company will create meaningful shareholder value in the years to come. I am looking forward to new opportunities to enhance our carrier partnerships and further enhance our customer service.
As a result of the information available to us as of November 20, 2023, eHealth reaffirms its guidance for the full year ending December 31, 2023, as discussed on the earnings call held on November 8, 2023.. It is important to note that these are forward-looking statements and we do not assume any obligation to update them in the future. In addition to the risks and uncertainties identified in this press release and in eHealth's annual and quarterly reports filed with the Securities and Exchange Commission, the actual results could vary materially from those stated in this press release.
In addition to the risks and uncertainties identified in this press release and in eHealth's annual and quarterly reports filed with the Securities and Exchange Commission, the actual results could vary materially from those stated in this press release.
We at eHealth are matchmakers. For more than 25 years, eHealth has been helping Americans find the healthcare coverage they need at a price they can afford. Consumers can visit our health insurance marketplace at eHealth.com or call us to speak with a licensed insurance agent at 1-833-964-1202, TTY 711 in order to discuss the health insurance options. We offer access to more than 180 health insurers, including national and regional companies, as we are a leading independent licensed insurance agency and advisor.
We invite you to visit our website at eHealth.com or follow us on LinkedIn, Facebook, Instagram, and X. You can find our open positions on our career page.
Statements that are forward-looking
There are certain statements contained in this press release that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.. These include statements regarding our expectations regarding our business, operations, initiatives and strategies, including our value creation and cost transformation plans, business diversification, and market opportunity; our expectations regarding our financial performance, growth and profitability; our expectations regarding the impact of investments in our marketing organization and our rebranding strategy; our growth and margin expansion goals; enhancements to our carrier partnerships and customer experience, our 2023 annual guidance for total revenue, GAAP net loss, adjusted EBITDA and operating cash flow; and other statements regarding our future operations, financial condition, prospects and business strategies
These include statements regarding our expectations regarding our business, operations, initiatives and strategies, including our value creation and cost transformation plans, business diversification, and market opportunity; our expectations regarding our financial performance, growth and profitability; our expectations regarding the impact of investments in our marketing organization and our rebranding strategy; our growth and margin expansion goals; enhancements to our carrier partnerships and customer experience, our 2023 annual guidance for total revenue, GAAP net loss, adjusted EBITDA and operating cash flow; and other statements regarding our future operations, financial condition, prospects and business strategies
It should be noted that forward-looking statements are inherently subject to a variety of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. A number of assumptions, which are based on historical trends and our management's judgment, are required by Accounting Standards Codification 606 - Revenue from Contracts with Customers, for the purpose of calculating our revenues from contracts with our customers.. In the future, these assumptions may change, which could have a material impact on our revenue recognition, guidance, and results of operations as a whole. I would like you to carefully review the assumptions stated in this press release
I would like you to carefully review the assumptions stated in this press release

Source prnewswire