Progyny Inc (PGNY) announced the expansion of its board of directors by adding two more members. The two new members are Malissia R. Clinton, Senior Vice President, General Counsel, and Secretary of The Aerospace Corporation and Roger Holstein, Managing Director of Vestar Capital Partners.
The Chief Executive Officer of ProgynyDavid Schlangersaid that he is excited to welcome Malissia and Roger to the Board and our company will benefit from their valuable perspectives and decades of healthcare and technology leadership experience. The CEO said that the new members will bring their strategic skills and experiences to the Company to take the company froman emerging growth company to an enduring company.
The board now has nine members after the recent appointments and Ms Clinton will serve on the Nominating and Governance Committee and Mr Holstein will serve on the Compensation Committee.
Ms Clinton has 25 years experiencein different industries including defence, aerospace, intelligence, advanced technologies, and healthcare. Ms Clinton also serves on the boards of directors of City of Hope Medical Center, Arizona State University Foundation, and 3D Systems where she is also Chair of the Compliance Committee.
On her appointment, she said that she is honoured to join a company whose mission so clearly supports diversity, equity and inclusion in the workplace.
The other addition to the board, Mr Holstein is a healthcare industry veteran and visionary, joined Vestar Capital Partners in 2006 where he leads, manages, and invests in some of the nation’s most successful health services companies.Mr Holstein also serves on the boards of Quest Analytics, Veritas Collaborative, and Healthgrades. He also served as a CEO President or Director of WebMD Health Corporation.
Mr Holstein said that the Progyny has created a platform that accomplishes what so many companies in healthcare have struggled to achieve. He said that he is thrilled to help drive innovation and long-term growth of the company.