Amazon loses One Medical CEO a year after acquiring Family

Amazon loses One Medical CEO a year after acquiring Family Doctor

Amir Dan Rubin

David Paul Morris | Bloomberg | Getty Images

Amir Dan Rubin, CEO of primary care provider One Medical, which Amazon acquired about a year ago, is leaving the company later this year.

“I would like to share that Amir Dan Rubin has decided to leave One Medical later this year after serving as CEO of One Medical for more than six years and helping to take the organization to new levels of impact,” says Neil Lindsay, who leads Amazon Health Services, said in an internal memo obtained by CNBC.

According to the memo, Rubin will be replaced by Trent Green, One Medical’s chief operating officer. The Washington Post was first to report the departure.

“Trent is a highly effective, experienced, and values-driven leader,” Rubin wrote in a separate memo to employees. ā€œIā€™m excited about everything One Medical can do in the future as part of Amazon.ā€

Amazon announced in July 2022 that the company would acquire One Medical for approximately $3.9 billion, the third-largest acquisition in its history, as part of an accelerated push into the healthcare market. Amazon completed the acquisition in February after the Federal Trade Commission decided not to challenge the deal.

Rubin’s departure follows a familiar theme of executives leaving after selling their companies to Amazon. Last September, prescription drugmaker PillPack co-founders TJ Parker and Elliot Cohen left Amazon four years after acquiring the startup. Twitch CEO Emmett Shear resigned from Amazon in March, and Whole Foods CEO John Mackey retired last year.

Amazon has sought to expand its healthcare footprint through the One Medical and PillPack deals, as well as by developing its own services. The success was mixed.

Last August, the company shut down its Amazon Care telehealth service amid broader cost-cutting efforts. Haven, a joint venture aimed at revolutionizing healthcare, was dissolved in 202. Amazon recently expanded its virtual health clinic service and the company operates an online pharmacy.

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