- CloudMD Software & Services Inc. (DOC) founder Dr. Essam Hamza will be stepping down as Chief Executive Officer from Monday, May 2, 2022
- The Board of Directors unanimously appointed CloudMD’s President, Karen Adams, to assume the role of Interim CEO until a successor is appointed
- She has over 25 years of senior executive experience
- CloudMD is a healthcare technology and innovative health services company
- CloudMD Software & Services Inc. opened trading at $0.81
CloudMD Software & Services (DOC) founder Dr. Essam Hamza will be stepping down as Chief Executive Officer effective May 2, 2022.
Hamza will remain on the Board of Directors and act as a strategic advisor to the company.
The board appointed CloudMD’s President, Karen Adams, to assume the role of Interim CEO until a successor is appointed.
Over the last five years, Hamza has led CloudMD through significant growth and transformation, resulting in the company that CloudMD is today: a comprehensive, connected healthcare ecosystem with over 800 employees across North America.
The founding principles that have guided CloudMD through its aggressive growth phase will continue to be the company’s guiding light as it transforms the way healthcare is delivered.
“Under Essam’s leadership, CloudMD’s business and revenue have increased in an extraordinary way, and Essam has also gathered an impressive team with operational management depth throughout the organization, giving me confidence in the company’s ability to transition to new leadership seamlessly, capitalize on strategic opportunities, and deliver value to all stakeholders,” stated Mark Kohler, Chair of the Board of Directors of CloudMD.
Ms. Adams has been with CloudMD for the last two years, being appointed to the role of President in June 2021 and joining the Board of Directors in November 2021.
She has over 25 years of senior executive experience in transforming companies, building brands, scaling organizations, and driving change and improvement in the healthcare solutions industry.
During her time with CloudMD, Adams has built the company’s strategic road map within its Enterprise Health Division, Digital Health Services Division, and mental health support solutions, and has significantly increased revenues, driven cost optimizations and launched geographic expansion.
CloudMD is a healthcare technology and innovative health services company.
CloudMD Software & Services Inc. (DOC) opened trading at $0.81.