Vivian Health Announces Leadership Changes; Appoints Bill Kong CEO

Vivian Health, Inc., a subsidiary of IAC Inc. and the nation's leading healthcare jobs marketplace, announced the appointment of Bill Kong to the role of CEO as part of a leadership transition designed to prepare the company for its next phase of growth. As CEO, Mr. Kong will spearhead the company's go forward strategy as it continues building out its industry-leading talent marketplace, accelerating product innovation, and scaling through AI innovation.

Mr. Kong succeeds Co-founder Parth Bhakta as CEO, who will transition to Executive Chairman and partner closely with Mr. Kong and Vivian's executive management team to drive a new chapter of AI-driven growth and scale. Today's changes also include Chief Financial Officer Adam Greenberg stepping into an expanded role as President & CFO, overseeing financial strategy, business, people and commercial operations, and corporate development. All changes are effective immediately.

"Since our founding nine years ago, Vivian Health has been on a mission to fix the healthcare labor market. I am incredibly proud of what we have achieved, including growing revenue by over 50x since IAC's acquisition, and most importantly, the positive impact we've had on the lives of the dedicated clinicians who power America's healthcare system," said Parth Bhakta, Co-founder and Executive Chairman of Vivian Health.

Continued Mr. Bhakta, "Today, Vivian Health is profitable, growing, and stronger than ever at the forefront of healthcare staffing's transformation in the AI age. Bill has been pivotal to our success; his deep connection to our customers and partners and ability to turn their needs into product reality make him the clear choice to take the reins in this next chapter. As Executive Chairman, my focus will be on shaping Vivian's long-term strategy in partnership with Bill and Adam as they drive day-to-day operations, deliver for our customers and scale the business."

"I am honored to step into the CEO role at such a defining moment for Vivian," said Bill Kong, CEO of Vivian Health. "We have a world-class team, a business model that has recently achieved profitability, and a new suite of rapidly growing AI products gaining traction with clinicians and employers. I'm excited to build on Parth's strong foundation and continue Vivian's mission to transform how healthcare employers hire."

"We're grateful for Parth's vision and leadership in building Vivian into an industry-leading platform and look forward to this exciting next stage, as he takes on the Executive Chairman role and Bill becomes CEO," said Chris Halpin, COO and CFO of IAC. "Bill is the perfect leader to take the helm: a proven operator with deep marketplace expertise and strong relationships across the healthcare ecosystem. The future is bright."