WASHINGTON, Sept. 8 /PRNewswire/ -- John Pleasants, the former President of Interactive Corp’s Information and Services Group and CEO of Ticketmaster, has been named Chief Executive Officer of Revolution Health Group (RHG). Pleasants, with a track record of turning promising ideas into household brand names, will direct Revolution Health Group as it seeks to become the leading, comprehensive, consumer-driven health company.
RHG also announced that Carly Fiorina has become an investor and will become a member of RHG’s Board of Directors. Fiorina joins RHG Chairman Steve Case, former Secretary of State Colin Powell; former Fortune 500 CEOs Frank Raines, Jim Barksdale and Steve Wiggins; and leading venture capitalist Miles Gilburne, among others, as investor/directors in RHG.
Pleasants Named CEO
John Pleasants has held multiple leadership positions with IAC/InterActiveCorp since 1998. These include serving as CEO of Ticketmaster since 2001, and President of IAC’s Information and Services Group, where he helped turn start-ups such as Match.com, Evite, and CitySearch into household names that changed the way consumers manage some of their most important needs. In each of these assignments, Pleasants established himself as a builder of a portfolio of businesses with shared technology, infrastructure, expertise and leadership. Knitting together a variety of companies into cohesive operating units -- Pleasants’ strategy at InterActiveCorp -- is also the strategy that RHG has followed in its first few months since launch in July 2005.
“Revolution Health Group has a simple -- yet challenging -- goal: to put consumers at the center of the health system, giving them greater control, choice and convenience in meeting their healthcare needs,” Case said. “John brings an outstanding track record in building diverse businesses in sectors undergoing transformational change, making daily life easier and more productive for consumers and their families.”
Pleasants said, “I’m delighted to join an exceptional leadership team at Revolution Health Group that’s applying entrepreneurial thinking, expertise and innovation to tackle one of our nation’s most pressing challenges. It is widely regarded that the U.S. healthcare system has reached a critical point and is ripe for breakthrough. Revolution Health Group will be a major force in accelerating that transformation and building significant companies in the new category of consumer-driven healthcare.”
Fiorina Joins Board
Carly Fiorina was the CEO of Hewlett Packard from 1999 to 2005 and served as chairman of the board from 2000 to 2005. Prior to her tenure with Hewlett Packard, she held multiple leadership positions with Lucent Technologies.
Case said, “We’re delighted to welcome Carly to the RHG Board and as an investor in RHG. She has extensive leadership experience in developing and leading complex business operations, identifying and bringing to market promising technologies, and overseeing significant mergers and acquisitions -- all central to the future of our business.”
Fiorina said, “Revolution Health Group is driven by an exceptional vision informed by the experience of world-class entrepreneurs, business innovators and investors. I’m excited to join the board.”
In addition to Fiorina, the RHG investor/board members are (in alphabetical order): Jim Barksdale, Steve Case, John Delaney, Miles Gilburne, David Golden, Colin Powell, Frank Raines, Steve Wiggins, and Jeff Zients.
Revolution Health Group
Revolution Health Group was established in July 2005 to create the leading comprehensive consumer-directed healthcare company. One of three business groups in the Revolution LLC family of companies, RHG empowers consumers by putting them at the center of the health system, building innovative health- related companies through investments, acquisitions and partnerships. RHG’s strategy is to create businesses and products that provide greater consumer choice, control and convenience in three key healthcare sectors affected by the rapid growth of the Internet, and defined-contribution health plans: content; coverage; and care.
Revolution, LLC
Revolution, a Washington, DC-based operating and investment company launched by Steve Case in April 2005, seeks to drive transformative change by shifting power to consumers and building significant, category-defining companies in the process. Revolution’s aim is to give people more choice, control and convenience in three market sectors poised for disruptive change -- Health, Living, and Resorts.
Revolution Health Group
CONTACT: Malin Jennings for Revolution Health Group, +1-202-828-5061