Health In Tech Appoints Sanjay Shrestha as Chief Executive Officer to Lead Next Phase of Growth and Strategic Expansion
Key Highlights
- ➤Sanjay Shrestha appointed Health In Tech (HIT) CEO, effective October 20, 2026
- ➤Founder Tim Johnson becomes Executive Chairman, retaining strategy and product oversight
- ➤CEO mandate prioritizes scaling existing businesses and accelerating commercial adoption
- ➤Health In Tech plans to evaluate acquisitions, investments and strategic partnerships
- ➤Shrestha previously served as President of Plug Power (PLUG)
Expert Statements
Tim Johnson, Founder and Executive Chairman of Health In Tech
“This leadership transition is a deliberate step toward that next chapter. As Executive Chairman, I will remain actively engaged in shaping our long-term strategy, driving innovation and leading our product development vision. At the same time, Sanjay will bring dedicated leadership to the execution of our commercial strategy, the expansion of our businesses and the pursuit of strategic opportunities that can create additional value for shareholders.”
Tim Johnson, Founder and Executive Chairman of Health In Tech
“Sanjay brings a combination of public-company operating experience, capital markets expertise, strategic vision and business development capabilities. Having worked closely with him, I believe his leadership will strengthen our ability to turn opportunities into execution and position Health In Tech for sustainable long-term growth.”
Tim Johnson, Founder and Executive Chairman of Health In Tech
“My commitment to Health In Tech is unchanged. This evolution allows me to focus more deeply on the areas where I believe I can contribute the greatest long-term value, while bringing additional executive capabilities to support the Company's growth.”
Sanjay Shrestha, Chief Executive Officer of Health In Tech
“I am excited to take on the role of CEO at this important stage in the Company's evolution. My immediate focus will be on strengthening execution, scaling our existing businesses, accelerating commercial adoption and building the operational infrastructure needed to support the next phase of growth.”
Sanjay Shrestha, Chief Executive Officer of Health In Tech
“Beyond organic expansion, I see opportunities to evaluate strategic acquisitions, partnerships and investments that can complement our platform, broaden our capabilities and enhance our competitive position. We will approach these opportunities with financial discipline, a clear strategic rationale and a focus on sustainable long-term shareholder value.”
Sanjay Shrestha, Chief Executive Officer of Health In Tech
“Having previously served on the Company's Board and as Strategic Advisor to the Board, and having worked closely with Tim and the leadership team, I have developed a strong appreciation for Health In Tech's capabilities and market opportunities.”
Sanjay Shrestha, Chief Executive Officer of Health In Tech
“I look forward to partnering with Tim, the Board and our talented employees to build on this foundation, strengthen execution and advance Health In Tech's long-term growth ambitions.”
Health In Tech Appoints Sanjay Shrestha as Chief Executive Officer to Lead Next Phase of Growth and Strategic Expansion PR Newswire
* Founder Tim Johnson to become Executive Chairman, continuing to drive long-term strategy, technology innovation and product development * Leadership evolution designed to accelerate commercial execution, pursue strategic acquisitions and enhance long-term shareholder value * Experienced leadership to drive scalable growth: Sanjay Shrestha, former President of Plug Power, brings public-company leadership, capital markets expertise and experience in strategic acquisitions, business expansion and operational execution. * Expanded focus on strategic growth opportunities: New CEO mandate encompasses scaling existing businesses, accelerating commercialization, identifying acquisition opportunities, developing strategic partnerships and pursuing disciplined initiatives to create long-term shareholder value. * Continued founder-led innovation: Tim Johnson will transition to Executive Chairman, remaining actively engaged in long-term strategy, technology innovation, product development and the evolution of Health In Tech's AI-enabled marketplace. STUART, Fla., Oct. 20, 2026 /PRNewswire/ -- Health In Tech, Inc. (Nasdaq: HIT) ("Health In Tech" or the "Company"), an AI-enabled InsurTech platform company transforming the health insurance marketplace through technology, automation and innovation, today announced the appointment of Sanjay Shrestha as Chief Executive Officer, effective October 20, 2026. Mr. Shrestha will succeed founder Tim Johnson, who will transition to Executive Chairman of the Board of Directors of the Company on the same date.
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