Amazon’s One Medical CEO stepping down after less than two years at helm

Amazon’s One Medical CEO stepping down after less than two years at helm


A sign is posted in front of a One Medical office on July 21, 2022 in San Rafael, California.

Justin Sullivan | Getty Images

One Medical CEO Trent Green will step down from the Amazon-owned primary care provider after less than two years in the role.

Green is leaving One Medical to become CEO of National Research Corporation, or NRC Health, a provider of healthcare analytics and other services, the company said in a release on Tuesday. He’ll start there on June 1.

Under Green, One Medical expanded into new geographic markets and opened new offices. It also integrated further into Amazon, with the company adding medical services to its Prime membership program.

Amazon confirmed Green’s departure in a statement.

“After nearly three years with Amazon One Medical, CEO Trent Green has decided to leave the company,” an Amazon spokesperson said in a statement. “We are grateful to Trent for his many contributions and wish him well on his next endeavor.”

Neil Lindsay, who leads Amazon Health Services, said in a memo to employees on Tuesday that Green is moving back to his home state of Nebraska for the new role. Green’s last day at Amazon will be April 4.

Read more CNBC Amazon coverage

“Trent has helped One Medical solidify its position as an incredible place for providers to deliver — and patients to turn to (and return for) — high-quality, human-centered care,” Lindsay wrote in the memo, which was obtained by CNBC.

Green was named CEO of One Medical in September 2023, succeeding Amir Dan Rubin. The change in leadership came roughly six months after Amazon completed its $3.9 billion acquisition of One Medical.

The deal for One Medical is the third-largest acquisition in Amazon’s history, behind its 2017 purchase of Whole Foods for $13.7 billion and its $8.45 billion deal for MGM Studios in 2021.

Amazon acquired One Medical as part of a deepening push into the healthcare market. The company scooped up online pharmacy PillPack in 2018 for $750 million, before launching its own offering.

It’s continued to tweak its health offerings. Amazon launched, then shuttered, a telehealth service, as well as a line of health and fitness devices.

WATCH: Amazon enters quantum chip race

Amazon enters quantum chip race



Source

Here are 3 factors that drove the big swings in the stock market last week
Technology

Here are 3 factors that drove the big swings in the stock market last week

It was a tale of two markets last week: Industrials surged while financial and tech names buckled under the growing weight of artificial intelligence fears. A mixed bag of economic data complicated matters further. Although the S & P 500 bounced slightly Friday following an inflation print that bolstered the future case for lower interest […]

Read More
AI startups want to crack open the recipe book in Big Food’s test kitchens
Technology

AI startups want to crack open the recipe book in Big Food’s test kitchens

In the world of big food, artificial intelligence is nothing new. McCormick, which owns brands including Frank’s RedHot, Cholula and Old Bay, has been using AI in flavor development for nearly a decade, with the company saying its development timelines have been cut by 20% to 25%, on average, by identifying promising flavor combinations and narrowing down which ideas are […]

Read More
It’s been a big — but rocky — week for AI models from China. Here’s what’s happened
Technology

It’s been a big — but rocky — week for AI models from China. Here’s what’s happened

The Alibaba stand at the World Artificial Intelligence Conference at the Shanghai World Expo Exhibition Center in Shanghai, China, on July 5, 2024. Nurphoto | Nurphoto | Getty Images While U.S. markets have been focused on the impact of Anthropic and Altruist’s tools on software and financial services, China’s tech giants have released AI models […]

Read More