Teladoc Health has announced employment inducement awards for its new chief financial officer, Michael Grasher. The global virtual care leader granted Grasher restricted stock units covering 239,616 shares of common stock, along with performance stock units covering a target of 239,616 shares, with up to 479,232 shares potentially earnable. The restricted stock units vest over time, beginning with one-half of shares on the first anniversary of the 1 September 2026 grant date. The performance stock units are tied to Teladoc Health's adjusted EBITDA for 2026 and its compound annual revenue growth rate during 2026-2028. The awards were approved by the company's compensation committee under the 2023 Employment Inducement Incentive Award Plan, pursuant to New York Stock Exchange Rule 303A.08.

Teladoc Health has appointed Michael Grasher as chief financial officer, bringing in an insurance industry veteran as the virtual healthcare company grapples with capacity challenges in its mental health services unit. The appointment comes a month after Teladoc reduced its annual revenue forecast, citing difficulties at BetterHelp, where demand for insurance-covered therapy has exceeded available provider capacity. Grasher brings over 30 years of experience in insurance and financial services, having served in CFO roles for more than 12 years. He most recently held the CFO position at IFG Companies, a privately held property-casualty insurance organisation. Evercore ISI analyst Elizabeth Anderson called the appointment "an important step in solidifying" Teladoc's leadership team following former CFO Mala Murthy's departure in November 2025.

Teladoc Health appoints Michael Grasher as Chief Financial Officer. Appointment brings seasoned financial leadership as Teladoc Health advances its strategy aimed at delivering disciplined, sustainable growth NEW YORK, Aug. 31, 2026 (GLOBE NEWSWIRE) - Teladoc Health, Inc. (NYSE: TDOC), the global leader in virtual care, today announced the appointment of Michael Grasher as Chief Financial Officer, effective immediately. Mr. Grasher is an accomplished financial executive with more than three decades of experience across the insurance and financial services sectors, including more than 12 years in CFO roles at public and privately held companies. He most recently served as CFO of IFG Companies, a privately held property-casualty insurance organization, where he was responsible for financial reporting, planning and analysis, and treasury management. Previously, Mr. Grasher served as CFO and Executive Vice President of Fortegra, a global specialty insurer, overseeing financial governance and accounting across U.S. and European operations, among other duties. Prior to Fortegra, he served as CFO and Executive Vice President of AMERISAFE, a publicly traded specialty provider of workers' compensation insurance, where he led financial reporting, capital management and investor relations. Before moving into corporate finance leadership, he spent more than a decade in equity research as both a buy- and sell-side analyst, including as a Managing Director at Piper Jaffray, now Piper Sandler. "Mike is an experienced financial leader with a proven record of financial stewardship, driving operational discipline and strategic execution," said Chuck Divita, Chief Executive Officer of Teladoc Health. "Mike's combination of public company experience, financial leadership and operating discipline will be particularly valuable as we continue to strengthen the business, execute our strategic priorities and deliver long-term value for our stakeholders." Throughout his career, Mr. Grasher has supported sustained growth, profitability and corporate strategy across the companies he has served and brings experience leading enterprise-wide efficiency initiatives and shaping long-term strategy. "Teladoc Health has built a strong foundation with unmatched scale, deep clinical expertise and a global footprint," said Grasher. "I'm excited to work with Chuck and the leadership team to build on that foundation and deliver lasting value for the members, clients and shareholders we serve." About Teladoc Health Teladoc Health (NYSE: TDOC) is the global leader in virtual care. The company is delivering and orchestrating care across patients, care providers, platforms and partners - transforming virtual care into a catalyst for how better health happens. Through our relationships with health plans, employers, providers, health systems and consumers, we are enabling more access, driving better outcomes, extending provider capacity and lowering costs. Learn more at teladochealth.com.