Business
LifeStance Health Appoints Ken Burdick as CEO and Chairman; Founding CEO and Chairman Michael Lester Retires
Danish Qureshi Named President in Addition to Role as Chief Operating Officer SCOTTSDALE, Ariz., Sept. 8, 2022 /PRNewswire/ -- LifeStance Health (NASDAQ:
About this update from Lifestance Health Group, Inc.
[{"type":"text","content":"Danish Qureshi Named President in Addition to Role as Chief Operating Officer\nSCOTTSDALE, Ariz., Sept. 8, 2022 /PRNewswire/ -- LifeStance Health (NASDAQ: LFST), one of the nation's largest providers of in-person and virtual outpatient mental healthcare, today announced that its Board of Directors has appointed Ken Burdick as the company's new Chief Executive Officer and Chairman, effective September 7. Burdick succeeds Michael Lester, who has served as the company's founding Chief Executive Officer and Chairman since 2017 and will be retiring. Lester will continue to serve as a Strategic Advisor to the company.\n\n \n \n \n \n \n \n\n \nLifeStance provides evidence-based, affordable and medically-driven treatment services for children, adolescents and adults experiencing a variety of mental health conditions in an outpatient care setting, both in-person and through its digital health telemedicine offering. LifeStance offers state-of-the-art clinical excellence in a compassionate and safe environment through its network of over 5,000 clinicians operating across 32 states and in approximately 600 centers.\n\"I have tremendous admiration for LifeStance as one of the nation's largest in-network, outpatient behavioral health companies,\" said Burdick. \"Through its dedicated team of clinicians, tech-enabled hybrid services and patient-first approach, LifeStance is at the forefront of expanding access to care. It's a privilege to be joining the company at a time when our services are more needed than ever, and I look forward to working with the team in pursuit of our vision of a truly healthy society where mental and physical healthcare are unified to make lives better. I am also looking forward to working closely with Danish Qureshi in his new role as President, in addition to his role as Chief Operating Officer.\"\n\"Ken is an accomplished industry veteran with a deep understanding of today's healthcare landscape and a history of driving profitable growth at companies that are truly making a difference in people's lives,\" said the LifeStance Board of Directors. \"The entire board thanks Mike for his leadership, passion and dedication over so many years. He has been instrumental in building LifeStance into the innovative, successful company that it is today. We wish him all the best as he transitions to retirement and look forward ...