Amazon: Amazon-owned One Medical’s CEO quits

Amazon acquired primary care provider One Medical in July 2022 for roughly $3.9 billion. This was the company’s third-largest acquisition in its history. With this deal, Amazon wanted to penetrate deeper into the healthcare market. The company closed the deal in February after the Federal Trade Commission opted not to challenge the deal.
The e-commerce giant has now announced that the CEO of One Medical, Amir Dan Rubin, is set to leave the company later in 2023.According to an internal memo shared by Amazon with CNBC, Rubin will be replaced byTrent Green as One Medical’s operating chief.
Read what Amazon said about this move
In the memo, Neil Lindsay, who leads Amazon Health Services wrote: “I want to share with you all that after six-plus years as CEO of One Medical, helping guide the organisation to new levels of impact, Amir Dan Rubin has decided to leave One Medical later this year.”

Lindsay also noted: “Trent is such a highly effective, experienced and values-driven leader. I am so excited about all that One Medical is positioned to do going forward as a part of Amazon.”
CEOs leaving the company after selling them to Amazon
Rubin is not the first CEO to leave the company after it was acquired by Amazon. In September 2022, the co-founders of prescription drug company PillPack, TJ Parker and Elliot Cohen, left Amazon four years after the startup was acquired by the tech major. In March, Twitch CEO Emmett Shear resigned from Amazon while Whole Foods CEO John Mackey retired in 2022.
Amazon’s presence in health care market
Amazon tried to improve its presence in the healthcare market with the One Medical and PillPack deals. Apart from this, the company has also developed in-house medical services.
In August 2022, the company closed its Amazon Care telehealth service as part of its cost-cutting efforts. Haven, another healthcare-related joint venture was also disbanded by Amazon in 2021. The company has recently expanded its virtual health clinic service and it also operates an online pharmacy.

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