Teladoc Adds Peter Nieves as Chief Revenue Officer

Teladoc, the undisputed leader in telehealth, adds Peter Nieves as Chief Revenue Officer (Photo: Business Wire)

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LEWISVILLE, Texas--()--Teladoc, Inc. (NYSE:TDOC), the undisputed leader in telehealth, providing access to care for millions, announced today that Peter Nieves has joined the company in the newly created role of executive vice president and chief revenue officer. With previously announced record milestones achieved, multiple new product offerings introduced and expansion into new market segments, Teladoc is unifying all sales and product development and strategy under the leadership of Nieves to continue its rapid growth trajectory.

“Successfully advancing to the next level is always reliant on having the right people and resources in place to stay ahead of the growth curve,” said Jason Gorevic, chief executive officer, Teladoc. “Pete brings significant experience overseeing the revenue generation and maximization framework for complex, world-class healthcare and employee benefits organizations that will enable him to hit the ground running and ensure that we remain strategically aligned and focused on maintaining our rapid growth rate.”

As Teladoc has significantly scaled in the last 12 months, so too has the size and diversity of the company’s revenue lines and client segments. Teladoc has introduced five new product offerings while also experiencing considerable uptick in revenue from expansion into the small employer and provider market segments. The company also continues to see increased adoption of its direct-to-consumer offering through the BetterHelp platform.

“Teladoc has revolutionized how consumers access healthcare. The unrivaled success that has been achieved and the corresponding momentum that has been built make it an incredibly exciting time to join the company,” said Nieves. “I look forward to being part of the Teladoc team and helping to drive further growth and profitability for the company.”

Nieves brings to Teladoc a deep understanding of the employer, payer and broker/consultant landscapes. Most recently he was executive vice president, employer market at Optum, where he built the employer market solution to more than a $1 billion business. He also spent more than a decade with Mercer, successfully developing high performing teams that executed on well-defined growth strategies, and rising in the ranks to the role of senior partner, global growth strategy leader, Mercer Health and Benefits.

About Teladoc

Teladoc, Inc. (NYSE:TDOC) is the nation’s leading provider of telehealth services and a pioneering force in bringing the virtual care visit into the mainstream of today’s health care ecosystem. Serving some 7,500 clients — including health plans, health systems, employers and other organizations — more than 17.5 million members can use phone, mobile devices and secure online video to connect within minutes to Teladoc’s network of more than 3,100 board-certified, state-licensed physicians and behavioral health specialists, 24/7. With national coverage, a robust, scalable platform and a Lewisville, TX-based member services center staffed by 400 employees, Teladoc offers the industry’s most comprehensive and complete telehealth solution including primary care, behavioral health care, dermatology, tobacco cessation and more. For additional information, please visit www.teladoc.com.

Contacts

Teladoc, Inc.
Media:
Courtney McLeod, 914-265-6789
Director of Public Relations
cmcleod@teladoc.com
or
Investors:
Jisoo Suh, 914-265-6706
Director of Investor Relations
jsuh@teladoc.com

Release Summary

Teladoc, the undisputed leader in telehealth, adds Peter Nieves as Chief Revenue Officer.

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Contacts

Teladoc, Inc.
Media:
Courtney McLeod, 914-265-6789
Director of Public Relations
cmcleod@teladoc.com
or
Investors:
Jisoo Suh, 914-265-6706
Director of Investor Relations
jsuh@teladoc.com