Leadership Shakeup at Hims & Hers Sends Shares Tumbling

Investors in Hims & Hers Health were taken by surprise as the telehealth company announced a significant restructuring of its executive team after markets closed on Thursday. The departure of Chief Operating Officer Nader Kabbani from his role prompted an immediate and sharp negative reaction in the company’s stock price.

Effective November 2, 2025, Nader Kabbani will transition from his COO position to serve as a strategic advisor focusing on global initiatives, a role he will maintain through July 2026. Stepping into the chief operating officer position will be Mike Chi, who previously held the title of Chief Commercial Officer.

The market response was swift and punishing, with shares of Hims & Hers experiencing substantial declines during Friday’s trading session.... Read more...