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 by Trent Green as One Medical’s operating chief.

Read what Amazon said about this move