UpHealth appoints Beck as CEO, reduces additional 20 corporate roles

UpHealth announced the October 5, 2023 appointment by the Board of Directors of the Company of Martin Beck to serve as the Company’s next Chief Executive Officer, replacing Samuel Meckey, effective October 6, 2023, and Beck being named as a member of the Board of Directors effective October 9, 2023. Beck has been UpHealth’s Chief Financial Officer since February 2020. Jay Jennings, currently the Company’s Chief Accounting Officer, will assume the role of Chief Financial Officer. The Company also announced the reduction of an additional 20 corporate roles. These organizational changes do not impact the Company’s business units. This action was taken to mitigate the financial impact of the September 14, 2023 decision by a trial court in New York to grant summary judgment in favor of Needham & Company. The Company continues to seek a fair resolution through an appeals process of the judgment.