Teladoc Health has appointed Mala Murthy its chief financial officer, filling a six-month vacancy, the telemedicine provider said Tuesday.
Teladoc's former CFO and chief operating officer, Mark Hirschhorn, resigned late last year.
Murthy joins Teladoc from American Express, where she served as CFO of its global commercial services segment. Before her role at American Express, Murthy held various leadership positions with PepsiCo, managing financial planning and analysis, corporate and international treasury, and corporate strategy, among other responsibilities.
"As our global leadership continues to expand, Mala's extensive, multi-national financial experience with highly respected organizations will help us deliver on our top- and bottom-line growth commitments," Teladoc CEO Jason Gorevic said in a statement Tuesday.
Teladoc has been taking steps to expand its international presence, entering into an agreement to acquire a Paris-based telemedicine provider and rolling out a virtual care service in Canada in the past few months. In 2018, the company completed its purchase of Advance Medical, a virtual care provider with a footprint in Europe, Asia and Latin America.
Hirschhorn resigned in December after investors filed a class-action lawsuit against the company, alleging he and another employee engaged in insider trading. Investors filed the lawsuit after allegations emerged that Hirschhorn had an affair with Charece Griffin, another Teladoc employee, and that the two had traded company stock together.
Teladoc at the time denied the years-old allegations made in the lawsuit, saying the relationship violated only the company's workplace relationship policy. The company also said the report that had initially brought the allegations to light, which was published by a group called the Southern Investigative Reporting Foundation, contained "several factual inaccuracies."
Gabriel Cappucci, Teladoc's chief accounting officer, has coordinated the company's finance activity since Hirschhorn's resignation.
Teladoc, which posted $128.6 million in revenue for the first quarter, expects to be cash-flow positive for the first time later this year, Cappucci said in April.
