Tabula Rasa HealthCare Co-Founders Calvin Knowlton And Orsula Knowlton To Retire

RTTNews | 1028 days ago
Stocktwits
Tabula Rasa HealthCare Co-Founders Calvin Knowlton And Orsula Knowlton To Retire

(RTTNews) - Healthcare technology company Tabula Rasa HealthCare, Inc. (TRHC) announced Wednesday that co-founders Calvin Knowlton, Chief Executive Officer and Board Chairman, and Orsula Knowlton, Co-President and Chief Marketing and New Business Development Officer, will retire from the company and step down as members of the Board of Directors, effective immediately.

The company has named Co-President Brian Adams to serve as interim CEO while the Board executes a comprehensive process to identify a permanent successor. Adams formerly served as the company's Chief Financial Officer. His broad management experience includes strategic planning, business performance optimization, and financial integration for mergers and acquisitions.

The company has also named Director Michael Purcell as Independent Chair of the Board. Purcell has served as an independent director on the Board since 2018 and has served as Chair of the Audit Committee since 2019. He was an Audit Partner at Deloitte and Touche for 36 years and now serves as a consultant to various companies and venture funds.

To support a seamless transition, the Knowltons have signed consulting agreements with the company through the end of the year.

Tags: TRHC
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Sensex, Nifty Tad Lower Dragged By IT Stocks

Sensex, Nifty Tad Lower Dragged By IT Stocks

Indian shares opened a tad lower on Wednesday after U.S. President Donald Trump offered no exceptions to his Aug. 1 tariff start date and announced a 50 percent tariff on copper imports, expanding trade measures already in place for steel and aluminum.
RTTNews | 13 minutes ago
Australian Market More Than Halves Early Losses In Mid-market

Australian Market More Than Halves Early Losses In Mid-market

The Australian stock market is halving its early losses in mid-market moves on Wednesday, reversing the slight gains in the previous session, with the benchmark S&P/ASX 200 staying below the 8,600 level, following the mixed cues from Wall Street overnight, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
RTTNews | 1h 10min ago
Asian Markets Mixed Amid Tariff Worries

Asian Markets Mixed Amid Tariff Worries

Asian stock markets are trading mixed on Wednesday, following the mixed cues from Wall Street overnight, as traders are reluctant to make significant moves amid the lingering uncertainty about US trade policy after US President Donald Trump delayed the reciprocal tariff deadline until August 1. Asian markets closed mostly higher on Tuesday.
RTTNews | 1h 35min ago
Little Movement Seen For Thai Stock Market

Little Movement Seen For Thai Stock Market

The Thai stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had surged almost 50 points or 4.6 percent. The Stock Exchange of Thailand now sits just above the 1,115-point plateau and it's likely to remain rangebound again on Wednesday.
RTTNews | 2h 43min ago
Australia Building Permits Climb 3.2% On Month In May

Australia Building Permits Climb 3.2% On Month In May

The total number of building permits issued in Australia was up a seasonally adjusted 3.2 percent on month in May, the Australian Bureau of Statistics said on Wednesday - coming in at 15,212.
RTTNews | 3h 0min ago
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is modestly lower on Wednesday after opening in the green, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling to near the 39,600 level, with a mixed performance is most sectors.
RTTNews | 3h 1min ago
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