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Dario Adds New Senior Vice President of Growth to Expanding Sales Team

Matt Alberico joins Dario to help manage expanding growth opportunities after successfully driving customer growth at Amazon Care, Cigna and Aetna NEW YORK,

articleDariohealth Corp.January 24, 20234/company/dariohealth-corp/news/dario-adds-new-senior-vice-president-of-growth-to-expanding-sales-team
Dario Adds New Senior Vice President of Growth to Expanding Sales Team

About this update from Dariohealth Corp.

[{"type":"text","content":"Matt Alberico joins Dario to help manage expanding growth opportunities after successfully driving customer growth at Amazon Care, Cigna and Aetna\nNEW YORK, Jan. 24, 2023 /PRNewswire/ -- DarioHealth Corp. (NASDAQ: DRIO) (the \"Company\"), a leader in the global digital therapeutics (DTx) market, announced today the hire of seasoned industry sales leader Matt Alberico as Senior Vice President of Growth to help the Company capitalize on its rapidly growing opportunities across multiple market segments.\n \nMr. Alberico joins Dario after leading national channel sales and partnerships for Amazon Care. In prior roles, he held sales and account management leadership roles for both Cigna and Aetna. In his new role at Dario, Matt brings valuable sales strategy experience in rapid-growth environments and a deep understanding of the market landscape and buyer needs.\n\"Matt brings the skills necessary to help Dario capitalize on the strong demand in the market and the deep network connections to accelerate the growth of our leading multi-chronic digital health solution. I'm excited for Matt to join at this juncture in our growth, as we recently signed our 100th contract and the market demand for integrated solutions continues to grow. His experience will be extremely valuable to position Dario for long-term success,\" said Rick Anderson, President, Dario.\n\"I'm thrilled to join Dario and help scale our sales efforts and exceed goals for growth as we secure our leadership position in the market. Dario's multi-chronic solution is answering the great demand for more integrated, more personalized solutions, and I look forward to working with the team to help drive momentum and growth in our business across all of our channels,\" said Matt Alberico, SVP Growth, Dario.\nIn addition, Dario announced that on January 23, 2023, Mr. Alberico was granted a non-qualified stock option award to purchase 100,000 shares of the Company's common stock, as well as an additional non-qualified performance-based stock option award to purchase an additional 100,000 shares of the Company's common stock, pursuant to Nasdaq Listing Rule 5635(c)(4) outside of the Company's existing equity compensation plans. These options were granted as an inducement material to Mr. Alberico becoming an employee of the Company, in accordance with Nasdaq Listing Rule 5635(c)(4).\...

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