Long-time Teladoc leader departs as virtual care provider struggles with post-COVID tumble

The leader of struggling telemedicine provider Teladoc Health has left effective immediately, the company announced Friday.

Teladoc gave no reason for the departure of CEO Jason Gorevic. The 52-year-old executive had led the company and served as a director since 2009.

Teladoc said Chief Financial Officer Mala Murthy would serve as acting CEO while the company looks for a permanent replacement.

Teladoc lost $220 million last year, and its share price has plunged more than 90% since topping $300 during the height of the COVID-19 pandemic in early 2021.