StockWatch
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Medical/Nursing Services
Management ChangeJul 3, 2026, 04:31 PM

Teladoc Health Appoints David Packles as Head of Product, BetterHelp

AI Summary

Teladoc Health, Inc. announced the appointment of David Packles as the new Head of Product for its BetterHelp subsidiary, effective July 1, 2026. In connection with his new role, Mr. Packles received an inducement award of 50,000 restricted stock units of Teladoc Health's common stock. The award, approved by the Compensation Committee, vests over approximately three years, with one-third vesting on the first anniversary and the remainder quarterly over the subsequent two years.

Key Highlights

  • David Packles appointed Head of Product for BetterHelp.
  • Granted an inducement award of 50,000 restricted stock units.
  • RSUs vest one-third on first anniversary of grant date.
  • Remaining RSUs vest quarterly over two years thereafter.
  • Award approved by Teladoc Health's Compensation Committee.
  • Granted under the 2023 Employment Inducement Incentive Award Plan.