Amir Dan Rubin, who has been the CEO of the primary healthcare provider One Medical since Amazon acquired it about a year ago, will be leaving his position later this year. This decision was communicated through an internal memo by Neil Lindsay, the head of Amazon Health Services.
After leading One Medical for more than six years and playing a significant role in its growth and impact, Amir Dan Rubin has decided to step down from his role. According to the memo, Trent Green, the current Chief Operating Officer of One Medical, will take over as the CEO. The departure of Amir Dan Rubin was first reported.
In a separate memo addressed to the company’s employees, Amir Dan Rubin expressed his confidence in Trent Green’s leadership abilities, describing him as an effective leader who values the company’s principles. He also expressed excitement about the future prospects of One Medical as part of the Amazon organization.
Amazon’s Healthcare Expansion
In July 2022, Amazon announced its plan to purchase One Medical for approximately $3.9 billion, making it the third-largest acquisition in Amazon’s history. This move was part of Amazon’s strategic expansion into the healthcare industry. The acquisition was completed in February, with no opposition from the Federal Trade Commission.
Amir Dan Rubin’s departure from One Medical fits a pattern of executives leaving their positions after Amazon acquires their companies. For example, in September of the previous year, the co-founders of PillPack, a prescription drug company, left Amazon four years after the startup was acquired. Additionally, Emmett Shear, the CEO of Twitch, resigned from Amazon in March, and John Mackey, the CEO of Whole Foods, retired the year before.
Amazon, has been bolstering its presence in the healthcare sector through acquisitions like One Medical and PillPack, as well as by developing its healthcare services internally. However, the success of these efforts has been mixed.
In August of the previous year, as part of its broader cost-saving initiatives, Amazon discontinued its Amazon Care telehealth service. Additionally, the joint venture called Haven, which was initially created to transform healthcare, dissolved in 202X. More recently, Amazon expanded its services by introducing a virtual health clinic and continues to operate an online pharmacy.
Amir Dan Rubin, CEO of One Medical since Amazon’s $3.9 billion acquisition in 2022, will step down later this year. Amazon’s healthcare push includes acquisitions and internal ventures, with Rubin following a trend of executives leaving post-acquisition. The move aims to strengthen Amazon’s position in the healthcare sector after its successful One Medical acquisition.